Romania (ROU) and Sierra Leone (SLE) Trade | The Observatory of Economic Complexity

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Romania-Sierra Leone Trade: In 2023, Romania exported $1.22M to Sierra Leone. The main products that Romania exported to Sierra Leone were Iron Structures ($1.01M), Poultry Meat ($124k), and Cars ($47.8k). Over the past 5 years the exports of Romania to Sierra Leone have decreased at an annualized rate of 7.81%, from $1.83M in 2018 to $1.22M in 2023.

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

Sierra Leone-Romania Trade: In 2023, Sierra Leone exported $89.7k to Romania. The main products that Sierra Leone exported to Romania were Cars ($30.8k), Titanium Ore ($28.8k), and Non-Knit Women's Shirts ($13k). Over the past 5 years the exports of Sierra Leone to Romania have decreased at an annualized rate of 63.2%, from $97.6M in 2018 to $89.7k in 2023.

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

Comparison In 2023, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Romania exported $1.22M to Sierra Leone. The main products exported from Romania to Sierra Leone were Iron Structures ($1.01M), Poultry Meat ($124k), and Cars ($47.8k). During the last 5 years the exports of Romania to Sierra Leone have decreased at an annualized rate of 7.81%, from $1.83M in 2018 to $1.22M in 2023.

In 2018, Sierra Leone exported $89.7k to Romania. The main products exported from Sierra Leone to Romania were Cars ($30.8k), Titanium Ore ($28.8k), and Non-Knit Women's Shirts ($13k). During the last 5 years the exports of Sierra Leone to Romania have decreased at an annualized rate of 63.2%, from $97.6M in 2023 to $89.7k in 2018.

Exports from Romania () to Sierra Leone () (2023)

Exports from Sierra Leone () to Romania () (2023)

Latest Data

Trade between Romania () and Sierra Leone ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$19.9B

Sierra Leone
Top DestinationChina$1.03B

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

In 2023, countries that imported more from Romania than Sierra Leone included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Sierra Leone than Romania included Gambia ($475k) and Fiji ($13.4k).

Difference in imports from Sierra Leone () and Romania () (2023)

Comparative Advantage Romania - Sierra Leone

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Romania had a large net trade with Sierra Leone in the exports of Metals ($1.01M), Animal Products ($124k), and Transportation ($47.8k).

During 2018, Sierra Leone had a large net trade with Romania in the exports of Transportation ($30.8k), Mineral Products ($28.8k), and Textiles ($18.9k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Sierra Leone+$155kIron Structures

Top Product Potential Sierra Leone Romania+$25.3kTitanium Ore

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

Year

This visualization shows the product space at the HS4 level with the flags of Romania and Sierra Leone. This means that a dot/product with the flag of Romania 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 Romania.

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Sierra Leone () (2023)

Exports from Sierra Leone () to Romania () (2023)

Latest Data

Trade between Romania () and Sierra Leone ()

Romania Exports

Market Competitiveness

Difference in imports from Sierra Leone () and Romania () (2023)

Comparative Advantage Romania - Sierra Leone

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Romania () and Sierra Leone () (2023)

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