Sierra Leone (SLE) and India (IND) Trade | The Observatory of Economic Complexity

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Sierra Leone-India Trade: In 2023, Sierra Leone exported $96.5M to India. The main products that Sierra Leone exported to India were Diamonds ($56.8M), Scrap Iron ($25.4M), and Scrap Aluminium ($5.67M). Over the past 5 years the exports of Sierra Leone to India have increased at an annualized rate of 41.5%, from $17M in 2018 to $96.5M in 2023.

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

India-Sierra Leone Trade: In 2023, India exported $274M to Sierra Leone. The main products that India exported to Sierra Leone were Rice ($114M), Packaged Medicaments ($41.6M), and Unglazed Ceramics ($9.48M). Over the past 5 years the exports of India to Sierra Leone have increased at an annualized rate of 20.2%, from $109M in 2018 to $274M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sierra Leone exported $96.5M to India. The main products exported from Sierra Leone to India were Diamonds ($56.8M), Scrap Iron ($25.4M), and Scrap Aluminium ($5.67M). During the last 5 years the exports of Sierra Leone to India have increased at an annualized rate of 41.5%, from $17M in 2018 to $96.5M in 2023.

In 2018, India exported $274M to Sierra Leone. The main products exported from India to Sierra Leone were Rice ($114M), Packaged Medicaments ($41.6M), and Unglazed Ceramics ($9.48M). During the last 5 years the exports of India to Sierra Leone have increased at an annualized rate of 20.2%, from $109M in 2023 to $274M in 2018.

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

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

Latest Data

Trade between Sierra Leone () and India ()

Sierra Leone Exports

Date

Feb 2016

Jan 2016

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India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

India
Top DestinationUnited States$85.5B

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

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

In 2023, countries that imported more from India than Sierra Leone included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Sierra Leone - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sierra Leone had a large net trade with India in the exports of Precious Metals ($56.8M), Metals ($35.6M), and Chemical Products ($2.48M).

During 2018, India had a large net trade with Sierra Leone in the exports of Vegetable Products ($116M), Chemical Products ($48.1M), and Machines ($31M).

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 India+$7.83MScrap Iron

Top Product Potential India Sierra Leone+$3.85MRefined 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 India. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Sierra Leone.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sierra Leone () and India ()

Sierra Leone Exports

India Exports

Market Competitiveness

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

Comparative Advantage Sierra Leone - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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