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Pricing

2022
Flag → Flag
Exports $1MRnk 169 / 208
2022
Flag → Flag
Top Product $176kFlavored Water
2022
Flag → Flag
Exports $5.07MRnk 17 / 118
2022
Flag → Flag
Top Product $4.49MPalm Oil
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

Portugal-Sierra Leone Trade: In 2022, Portugal exported $1M to Sierra Leone. The main products that Portugal exported to Sierra Leone were Flavored Water ($176k), Eggs ($88.2k), and Medical Instruments ($55.2k). Over the past 5 years the exports of Portugal to Sierra Leone have increased at an annualized rate of 5.77%, from $759k in 2017 to $1M in 2022.

In 2022, Portugal did not export any services to Sierra Leone.

Sierra Leone-Portugal Trade: In 2022, Sierra Leone exported $5.07M to Portugal. The main products that Sierra Leone exported to Portugal were Palm Oil ($4.49M), Stearic Acid ($407k), and Titanium Ore ($121k). Over the past 5 years the exports of Sierra Leone to Portugal have increased at an annualized rate of 40.6%,  from $923k in 2017 to $5.07M in 2022.

In 2022, Sierra Leone did not export any services to Portugal.

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €19.2k and imported €49.5k from Sierra Leone, resulting in a negative trade balance of €30.3k. Between August 2023 and August 2024 the exports of Portugal have decreased by €-177k (-90.2%) from €196k to €19.2k, while imports decreased by €-1.41k (-2.77%) from €50.9k to €49.5k.

Trade In August 2024, the top exports of Portugal to Sierra Leone were Electrical machinery and electronics (€50.9k), Paper articles (€23.3k), Preparations of cereals, flour, starch or... (€13.9k), Stone, plaster, cement, asbestos, mica. (€10.8k), and Machinery, mechanical appliances, & parts (€5.77k). In August 2024 the top imports of Portugal from Sierra Leone were Ores, slag and ash (€50.8k), Plastics & articles thereof (€9.91k), Knitted fabrics (€10), Books, newspapers, & other prints (€4), and Live animals (€0).

Growth In August 2024, the decrease in Portugal's year-by-year exports to Sierra Leone was explained primarily by an decrease in product exports in Edible products of animal origin, n.e.s. (€-55.3k or -100%), Machinery, mechanical appliances, & parts (€-42.3k or -88%), and Beverages, spirits, & vinegar (€-41.2k or -98.9%). In August 2024, the decrease in Portugal's year-by-year imports  from Sierra Leone was explained primarily by an decrease in product imports  in Animal or vegetable fats, oils, &... (€-1.21M or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-177k(-90.2%)
IMPORT GROWTH (August 2023 - August 2024)€-1.41k(-2.77%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Sierra Leone and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sierra Leone and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $1M to Sierra Leone. The main products exported from Portugal to Sierra Leone were Flavored Water ($176k), Eggs ($88.2k), and Medical Instruments ($55.2k). During the last 5 years the exports of Portugal to Sierra Leone have increased at an annualized rate of 5.77%, from $759k in 2017 to $1M in 2022.

In 2017, Sierra Leone exported $5.07M to Portugal. The main products exported from Sierra Leone to Portugal were Palm Oil ($4.49M), Stearic Acid ($407k), and Titanium Ore ($121k). During the last 5 years the exports of Sierra Leone to Portugal have increased at an annualized rate of 40.6%, from $923k in 2022 to $5.07M in 2017.

Exports from Portugal (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Sierra Leone
Top DestinationChina$622M

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 2022, countries that imported more from Portugal than Sierra Leone included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, no countries were registered that imported more from Sierra Leone than from Portugal.

Difference in imports from Sierra Leone (Flag) and Portugal (Flag) (2022)

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 2022, Portugal had a large net trade with Sierra Leone in the exports of Machines ($244k), Foodstuffs ($214k), and Metals ($110k).

During 2017, Sierra Leone had a large net trade with Portugal in the exports of Animal and Vegetable Bi-Products ($4.9M), Mineral Products ($121k), and Precious Metals ($44.6k).

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) (2022)

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