Sierra Leone (SLE) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Sierra Leone-Ghana Trade: In 2023, Sierra Leone exported $3.36M to Ghana. The main products that Sierra Leone exported to Ghana were Palm Oil ($1.81M), Soap ($740k), and Non-fillet Frozen Fish ($292k). Over the past 6 years the exports of Sierra Leone to Ghana have decreased at an annualized rate of 28.6%, from $25.3M in 2017 to $3.36M in 2023.

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

Ghana-Sierra Leone Trade: In 2023, Ghana exported $23.1M to Sierra Leone. The main products that Ghana exported to Sierra Leone were Sauces and Seasonings ($10.8M), Malt Extract ($3.24M), and Soups and Broths ($1.43M). Over the past 6 years the exports of Ghana to Sierra Leone have increased at an annualized rate of 23.5%, from $8.05M in 2017 to $23.1M in 2023.

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sierra Leone exported $3.36M to Ghana. The main products exported from Sierra Leone to Ghana were Palm Oil ($1.81M), Soap ($740k), and Non-fillet Frozen Fish ($292k). During the last 6 years the exports of Sierra Leone to Ghana have decreased at an annualized rate of 28.6%, from $25.3M in 2017 to $3.36M in 2023.

In 2018, Ghana exported $23.1M to Sierra Leone. The main products exported from Ghana to Sierra Leone were Sauces and Seasonings ($10.8M), Malt Extract ($3.24M), and Soups and Broths ($1.43M). During the last 5 years the exports of Ghana to Sierra Leone have increased at an annualized rate of 23.5%, from $8.05M in 2023 to $23.1M in 2018.

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

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

Latest Data

Trade between Sierra Leone () and Ghana ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Sierra Leone than Ghana included Ireland ($48M), Czechia ($6.58M), and Luxembourg ($827k).

In 2023, countries that imported more from Ghana than Sierra Leone included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

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

Comparative Advantage Sierra Leone - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sierra Leone had a large net trade with Ghana in the exports of Animal and Vegetable Bi-Products ($1.89M), Chemical Products ($740k), and Animal Products ($295k).

During 2018, Ghana had a large net trade with Sierra Leone in the exports of Foodstuffs ($15.8M), Paper Goods ($1.6M), and Machines ($1.27M).

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 Ghana+$2.03kPalm Oil

Top Product Potential Ghana Sierra Leone+$1.88kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sierra Leone () and Ghana ()

Ghana Exports

Market Competitiveness

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

Comparative Advantage Sierra Leone - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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