2023
Flag  
GDP
$6.41BCURRENT US$
Rnk 158 / 195
2013-2023
Flag
GDP GROWTH
-16.7%CURRENT US$
Rnk 188 / 195
2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC 
$758CURRENT US$
Rnk 185 / 195
2013-2023
Flag
GDP PC GROWTH
-33.9%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Sierra Leone-Belgium Trade: In 2023, Sierra Leone exported $72.5M to Belgium. The main products that Sierra Leone exported to Belgium were Titanium Ore ($42.7M), Diamonds ($29.4M), and Cocoa Beans ($172k). Over the past 5 years the exports of Sierra Leone to Belgium have decreased at an annualized rate of 9.68%, from $121M in 2018 to $72.5M in 2023.

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

Belgium-Sierra Leone Trade: In 2023, Belgium exported $68.1M to Sierra Leone. The main products that Belgium exported to Sierra Leone were Vaccines, blood, antisera, toxins and cultures ($24.9M), Refined Petroleum ($13.7M), and Electric Generating Sets ($10.8M). Over the past 5 years the exports of Belgium to Sierra Leone have increased at an annualized rate of 1.89%,  from $62M in 2018 to $68.1M in 2023.

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

Comparison In 2023,  Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sierra Leone exported $72.5M to Belgium. The main products exported from Sierra Leone to Belgium were Titanium Ore ($42.7M), Diamonds ($29.4M), and Cocoa Beans ($172k). During the last 5 years the exports of Sierra Leone to Belgium have decreased at an annualized rate of 9.68%, from $121M in 2018 to $72.5M in 2023.

In 2018, Belgium exported $68.1M to Sierra Leone. The main products exported from Belgium to Sierra Leone were Vaccines, blood, antisera, toxins and cultures ($24.9M), Refined Petroleum ($13.7M), and Electric Generating Sets ($10.8M). During the last 5 years the exports of Belgium to Sierra Leone have increased at an annualized rate of 1.89%, from $62M in 2023 to $68.1M in 2018.

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

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

Latest Data

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

Sierra Leone Exports

Date

Belgium Exports

Market Competitiveness

Color
Sierra Leone
Top Destination
China$1.03B
Belgium
Top Destination
France$85.6B

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

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

In 2023, countries that imported more from Belgium than Sierra Leone included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

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

Comparative Advantage Sierra Leone - Belgium

Flow
Scale

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

During 2023, Sierra Leone had a large net trade with Belgium in the exports of Mineral Products ($42.7M), Precious Metals ($29.4M), and Foodstuffs ($181k).

During 2018, Belgium had a large net trade with Sierra Leone in the exports of Chemical Products ($26.5M), Machines ($14.4M), and Mineral Products ($13.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Belgium+$13.3MDiamonds
Top Product Potential Belgium Sierra Leone+$1.55MCars

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 Sierra Leone and Belgium. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Sierra Leone.

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

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