2023
Flag  
GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
GDP PC 
$27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC
$758CURRENT US$
Rnk 185 / 196
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195

About

Portugal-Sierra Leone Trade: In 2023, Portugal exported $1M to Sierra Leone. The main products that Portugal exported to Sierra Leone were Unglazed Ceramics ($198k), Insulated Wire ($47.3k), and Prefabricated Buildings ($47k). Over the past 5 years the exports of Portugal to Sierra Leone have decreased at an annualized rate of 2.69%, from $1.15M in 2018 to $1M in 2023.

In 2023, Portugal did not export any services to Sierra Leone.

Sierra Leone-Portugal Trade: In 2023, Sierra Leone exported $363k to Portugal. The main products that Sierra Leone exported to Portugal were Titanium Ore ($329k), Rough Wood ($17.3k), and Scrap Plastic ($10.7k). Over the past 5 years the exports of Sierra Leone to Portugal have decreased at an annualized rate of 13.1%,  from $732k in 2018 to $363k in 2023.

In 2023, Sierra Leone did not export any services to Portugal.

Comparison In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 46 in total exports ($83B). That same year, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $1M to Sierra Leone. The main products exported from Portugal to Sierra Leone were Unglazed Ceramics ($198k), Insulated Wire ($47.3k), and Prefabricated Buildings ($47k). During the last 5 years the exports of Portugal to Sierra Leone have decreased at an annualized rate of 2.69%, from $1.15M in 2018 to $1M in 2023.

In 2018, Sierra Leone exported $363k to Portugal. The main products exported from Sierra Leone to Portugal were Titanium Ore ($329k), Rough Wood ($17.3k), and Scrap Plastic ($10.7k). During the last 5 years the exports of Sierra Leone to Portugal have decreased at an annualized rate of 13.1%, from $732k in 2023 to $363k in 2018.

Exports from Portugal (Flag) to Sierra Leone (Flag) (2023)

Exports from Sierra Leone (Flag) to Portugal (Flag) (2023)

Market Competitiveness

Color
Portugal
Top Destination
Spain$17.7B
Sierra Leone
Top Destination
China$1.03B

This map shows whether countries import more from Portugal or Sierra Leone. Each country is colored based on the difference in imports they receive from Portugal and Sierra Leone or the difference in the growth in imports.

In 2023, countries that imported more from Portugal than Sierra Leone included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, no countries were registered that imported more from Sierra Leone than from Portugal.

Difference in imports from Sierra Leone (Flag) and Portugal (Flag) (2023)

Comparative Advantage Portugal - Sierra Leone

Flow
Scale

This chart compares trade between Portugal and Sierra Leone by product, considering products traded by both, Portugal and Sierra Leone.

During 2023, Portugal had a large net trade with Sierra Leone in the exports of Machines ($290k), Stone And Glass ($224k), and Metals ($135k).

During 2018, Sierra Leone had a large net trade with Portugal in the exports of Mineral Products ($329k), Wood Products ($17.3k), and Plastics and Rubbers ($10.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Sierra Leone+$88.9kDelivery Trucks
Top Product Potential Sierra Leone Portugal+$185kIndustrial Fatty Acids, Oils and Alcohols

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Portugal and Sierra Leone. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Sierra Leone. Similarly, a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Portugal.

Product Space of Portugal (Flag) and Sierra Leone (Flag) (2023)

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