2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$3.97BCURRENT US$
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2012-2022
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GDP GROWTH
4.78%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$461CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.3%CURRENT US$
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About

Romania-Sierra Leone Trade: In 2022, Romania exported $510k to Sierra Leone. The main products that Romania exported to Sierra Leone were Poultry Meat ($168k), Iron Structures ($103k), and Electrical Power Accessories ($67k). Over the past 5 years the exports of Romania to Sierra Leone have decreased at an annualized rate of 19.9%, from $1.54M in 2017 to $510k in 2022.

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

Sierra Leone-Romania Trade: In 2022, Sierra Leone exported $10.7M to Romania. The main products that Sierra Leone exported to Romania were Aluminium Ore ($10.7M) and Titanium Ore ($5.49k). Over the past 5 years the exports of Sierra Leone to Romania have decreased at an annualized rate of 26.6%,  from $50.3M in 2017 to $10.7M in 2022.

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

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03),  and 43 in total exports ($99.5B). That same year, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $510k to Sierra Leone. The main products exported from Romania to Sierra Leone were Poultry Meat ($168k), Iron Structures ($103k), and Electrical Power Accessories ($67k). During the last 5 years the exports of Romania to Sierra Leone have decreased at an annualized rate of 19.9%, from $1.54M in 2017 to $510k in 2022.

In 2017, Sierra Leone exported $10.7M to Romania. The main products exported from Sierra Leone to Romania were Aluminium Ore ($10.7M) and Titanium Ore ($5.49k). During the last 5 years the exports of Sierra Leone to Romania have decreased at an annualized rate of 26.6%, from $50.3M in 2022 to $10.7M in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Sierra Leone (Flag)

Romania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Sierra Leone
Top Destination
China$622M

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 2022, countries that imported more from Romania than Sierra Leone included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Sierra Leone than Romania included Senegal ($14.5M).

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

Comparative Advantage Romania - Sierra Leone

Flow
Scale

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

During 2022, Romania had a large net trade with Sierra Leone in the exports of Animal Products ($183k), Machines ($142k), and Metals ($104k).

During 2017, Sierra Leone had a large net trade with Romania in the exports of Mineral Products ($10.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Romania (Flag) and Sierra Leone (Flag) (2022)

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