Sierra Leone (SLE) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Sierra Leone-Spain Trade: In 2022, Sierra Leone exported $1.54M to Spain. The main products that Sierra Leone exported to Spain were Cranes ($431k), Scrap Copper ($367k), and Fruit Juice ($158k). Over the past 5 years the exports of Sierra Leone to Spain have decreased at an annualized rate of 22.4%, from $5.48M in 2017 to $1.54M in 2022.

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

Spain-Sierra Leone Trade: In 2022, Spain exported $15.5M to Sierra Leone. The main products that Spain exported to Sierra Leone were Soups and Broths ($2.26M), Unglazed Ceramics ($1.93M), and Eggs ($1.59M). Over the past 5 years the exports of Spain to Sierra Leone have decreased at an annualized rate of 6.8%, from $22.1M in 2017 to $15.5M in 2022.

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

Comparison In 2022, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sierra Leone exported $1.54M to Spain. The main products exported from Sierra Leone to Spain were Cranes ($431k), Scrap Copper ($367k), and Fruit Juice ($158k). During the last 5 years the exports of Sierra Leone to Spain have decreased at an annualized rate of 22.4%, from $5.48M in 2017 to $1.54M in 2022.

In 2017, Spain exported $15.5M to Sierra Leone. The main products exported from Spain to Sierra Leone were Soups and Broths ($2.26M), Unglazed Ceramics ($1.93M), and Eggs ($1.59M). During the last 5 years the exports of Spain to Sierra Leone have decreased at an annualized rate of 6.8%, from $22.1M in 2022 to $15.5M in 2017.

Exports from Sierra Leone () to Spain () (2022)

Exports from Spain () to Sierra Leone () (2022)

Latest Data

Trade between Sierra Leone () and Spain ()

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$622M

Spain
Top DestinationFrance$65.2B

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

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

In 2022, countries that imported more from Spain than Sierra Leone included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Sierra Leone () (2022)

Comparative Advantage Sierra Leone - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sierra Leone had a large net trade with Spain in the exports of Machines ($571k), Metals ($457k), and Foodstuffs ($205k).

During 2017, Spain had a large net trade with Sierra Leone in the exports of Foodstuffs ($3.27M), Stone And Glass ($2.23M), and Chemical Products ($2.23M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sierra Leone Spain+$397kScrap Copper

Top Product Potential Spain Sierra Leone+$882kPackaged Medicaments

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

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Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to Spain () (2022)

Exports from Spain () to Sierra Leone () (2022)

Latest Data

Trade between Sierra Leone () and Spain ()

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Sierra Leone () (2022)

Comparative Advantage Sierra Leone - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and Spain () (2022)

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