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Exports In 2023, Sierra Leone exported $167k in Refined Petroleum, making it the 175th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 112th most exported product in Sierra Leone. The main destination of Refined Petroleum exports from Sierra Leone are: South Africa ($108k), Malaysia ($52.5k), Montenegro ($3.1k), Austria ($1.37k), and Czechia ($786).

The fastest growing export markets for Refined Petroleum of Sierra Leone between 2022 and 2023 were South Africa ($108k), Malaysia ($52.5k), and Montenegro ($3.1k).

Imports In 2023, Sierra Leone imported $41.4M in Refined Petroleum, becoming the 196th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 6th most imported product in Sierra Leone. Sierra Leone imports Refined Petroleum primarily from: Belgium ($13.7M), Turkey ($6.44M), Spain ($3.81M), China ($3.52M), and India ($2.34M).

The fastest growing import markets in Refined Petroleum for Sierra Leone between 2022 and 2023 were Spain ($3.81M), Senegal ($1.14M), and Cote d'Ivoire ($1.1M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$167k
IMPORTS (2023)$41.4M
NET TRADE (2023)-$41.2M

In 2023, Sierra Leone exported $167k in Refined Petroleum. The main destinations of Sierra Leone exports on Refined Petroleum were South Africa ($108k), Malaysia ($52.5k), Montenegro ($3.1k), Austria ($1.37k), and Czechia ($786).

In 2023, Sierra Leone imported $41.4M in Refined Petroleum, mainly from Belgium ($13.7M), Turkey ($6.44M), Spain ($3.81M), China ($3.52M), and India ($2.34M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Sierra Leone WERE (2022 - 2023):
South Africa$108k (1%)
Malaysia$52.5k (1%)
Montenegro$3.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Sierra Leone WERE (2022 - 2023):
Poland-$127k (-100%)
South Korea-$719 (-100%)
China-$167 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Sierra Leone's main exporting competitors in Refined Petroleum were:
In 2023, Sierra Leone's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALPoland+ $129k
TOP IMPORT POTENTIALChina+ $4.84M

Refined Petroleum’s highest export potential is Poland. With an export gap of $129k.   Refined Petroleum’s highest import potential is China with an import gap of $4.84M.

See methodology.

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