Sierra Leone (SLE) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Sierra Leone-Portugal Trade: In 2022, Sierra Leone exported $5.07M to Portugal. The main products that Sierra Leone exported to Portugal were Palm Oil ($4.49M), Stearic Acid ($407k), and Titanium Ore ($121k). Over the past 5 years the exports of Sierra Leone to Portugal have increased at an annualized rate of 40.6%, from $923k in 2017 to $5.07M in 2022.

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

Portugal-Sierra Leone Trade: In 2022, Portugal exported $1M to Sierra Leone. The main products that Portugal exported to Sierra Leone were Flavored Water ($176k), Eggs ($88.2k), and Medical Instruments ($55.2k). Over the past 5 years the exports of Portugal to Sierra Leone have increased at an annualized rate of 5.77%, from $759k in 2017 to $1M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sierra Leone exported $5.07M to Portugal. The main products exported from Sierra Leone to Portugal were Palm Oil ($4.49M), Stearic Acid ($407k), and Titanium Ore ($121k). During the last 5 years the exports of Sierra Leone to Portugal have increased at an annualized rate of 40.6%, from $923k in 2017 to $5.07M in 2022.

In 2017, Portugal exported $1M to Sierra Leone. The main products exported from Portugal to Sierra Leone were Flavored Water ($176k), Eggs ($88.2k), and Medical Instruments ($55.2k). During the last 5 years the exports of Portugal to Sierra Leone have increased at an annualized rate of 5.77%, from $759k in 2022 to $1M in 2017.

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

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

Latest Data

Trade between Sierra Leone () and Portugal ()

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$622M

Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Sierra Leone included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Sierra Leone - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sierra Leone had a large net trade with Portugal in the exports of Animal and Vegetable Bi-Products ($4.9M), Mineral Products ($121k), and Precious Metals ($44.6k).

During 2017, Portugal had a large net trade with Sierra Leone in the exports of Machines ($244k), Foodstuffs ($214k), and Metals ($110k).

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 Portugal+$185kIndustrial Fatty Acids, Oils and Alcohols

Top Product Potential Portugal Sierra Leone+$88.9kDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sierra Leone () and Portugal ()

Portugal Exports

Market Competitiveness

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

Comparative Advantage Sierra Leone - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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