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Pricing

2022
Flag → Flag
Exports $1.57MRnk 175 / 215
2022
Flag → Flag
Top Product $599kRefined Petroleum
2022
Flag → Flag
Exports $214kRnk 51 / 118
2022
Flag → Flag
Top Product $31.2kGas and Liquid Flow Measuring Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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 $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

Singapore-Sierra Leone Trade: In 2022, Singapore exported $1.57M to Sierra Leone. The main products that Singapore exported to Sierra Leone were Refined Petroleum ($599k), Industrial Fatty Acids, Oils and Alcohols ($344k), and Hard Liquor ($307k). Over the past 5 years the exports of Singapore to Sierra Leone have decreased at an annualized rate of 20.6%, from $4.98M in 2017 to $1.57M in 2022.

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

Sierra Leone-Singapore Trade: In 2022, Sierra Leone exported $214k to Singapore. The main products that Sierra Leone exported to Singapore were Gas and Liquid Flow Measuring Instruments ($31.2k), Video and Card Games ($27.8k), and Low-voltage Protection Equipment ($14.3k). Over the past 5 years the exports of Sierra Leone to Singapore have decreased at an annualized rate of 11.1%,  from $782k in 2017 to $214k in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). 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, Singapore exported $1.57M to Sierra Leone. The main products exported from Singapore to Sierra Leone were Refined Petroleum ($599k), Industrial Fatty Acids, Oils and Alcohols ($344k), and Hard Liquor ($307k). During the last 5 years the exports of Singapore to Sierra Leone have decreased at an annualized rate of 20.6%, from $4.98M in 2017 to $1.57M in 2022.

In 2017, Sierra Leone exported $214k to Singapore. The main products exported from Sierra Leone to Singapore were Gas and Liquid Flow Measuring Instruments ($31.2k), Video and Card Games ($27.8k), and Low-voltage Protection Equipment ($14.3k). During the last 5 years the exports of Sierra Leone to Singapore have decreased at an annualized rate of 11.1%, from $782k in 2022 to $214k in 2017.

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

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

Latest Data

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

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from Singapore than Sierra Leone included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - Sierra Leone

Flow
Scale

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

During 2022, Singapore had a large net trade with Sierra Leone in the exports of Mineral Products ($599k), Foodstuffs ($352k), and Chemical Products ($346k).

During 2017, Sierra Leone had a large net trade with Singapore in the exports of Machines ($77.7k), Instruments ($46.2k), and Miscellaneous ($28k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Sierra Leone+$1.35MRefined Petroleum
Top Product Potential Sierra Leone Singapore+$44.8kLow-voltage Protection Equipment

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 Singapore and Sierra Leone. This means that a dot/product with the flag of Singapore 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 Singapore.

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

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