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Pricing

2022
Flag → Flag
Exports $22.4MRnk 164 / 223
2022
Flag → Flag
Top Product $2.31MWashing and Bottling Machines
2022
Flag → Flag
Exports $47.6MRnk 4 / 118
2022
Flag → Flag
Top Product $44.1MTitanium Ore
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

Germany-Sierra Leone Trade: In 2022, Germany exported $22.4M to Sierra Leone. The main products that Germany exported to Sierra Leone were Washing and Bottling Machines ($2.31M), Delivery Trucks ($2.03M), and Cars ($1.94M). Over the past 5 years the exports of Germany to Sierra Leone have decreased at an annualized rate of 7.3%, from $32.7M in 2017 to $22.4M in 2022.

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

Sierra Leone-Germany Trade: In 2022, Sierra Leone exported $47.6M to Germany. The main products that Sierra Leone exported to Germany were Titanium Ore ($44.1M), Kaolin Coated Paper ($362k), and Cocoa Powder ($262k). Over the past 5 years the exports of Sierra Leone to Germany have increased at an annualized rate of 19%,  from $19.9M in 2017 to $47.6M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €1.15M and imported €4.05M from Sierra Leone, resulting in a negative trade balance of €2.9M. Between August 2023 and August 2024 the exports of Germany have decreased by €-922k (-44.5%) from €2.07M to €1.15M, while imports increased by €3.49M (624%) from €559k to €4.05M.

Trade In August 2024, the top exports of Germany to Sierra Leone were Lifting and handling equipment (€295k), Motor cars and motor caravans (€154k), Plastics (€109k), Lorries and special purpose motor vehicles (€87k), and Other food of vegetable origin (€76k). In August 2024 the top imports of Germany from Sierra Leone were Equipments for sport (€7k), Articles of rubber (€6k), Articles of paper (€4k), Articles of plastic (€4k), and Other vehicles (€4k).

Origins In August 2024 the exports of Germany were mainly from Hamburg (€284k), Hesse (€213k), Baden-Württemberg (€178k), Bavaria (€98k), and Lower Saxony (€72k), while imports destinations were mainly North Rhine-Westphalia (€3.7M), Baden-Württemberg (€133k), Bremen (€132k), Lower Saxony (€30k), and Hesse (€21k).

Growth In August 2024, the decrease in Germany's year-by-year exports to Sierra Leone was explained primarily by an decrease in product exports in Measuring and automatical control instruments (€-272k or -94.1%), Other chemical final products (€-55k or -78.6%), and Chassis, bodies, engines etc. for motor... (€-55k or -72.4%). In August 2024, the increase in Germany's year-by-year imports  from Sierra Leone was explained primarily by an increase in product imports  in Articles of plastic (€3k or 300%) and Other chemical final products (€1k or 100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-922k(-44.5%)
IMPORT GROWTH (August 2023 - August 2024)€3.49M(624%)
MAIN EXPORTER (August 2024)Hamburg€284k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Sierra Leone and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sierra Leone and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $22.4M to Sierra Leone. The main products exported from Germany to Sierra Leone were Washing and Bottling Machines ($2.31M), Delivery Trucks ($2.03M), and Cars ($1.94M). During the last 5 years the exports of Germany to Sierra Leone have decreased at an annualized rate of 7.3%, from $32.7M in 2017 to $22.4M in 2022.

In 2017, Sierra Leone exported $47.6M to Germany. The main products exported from Sierra Leone to Germany were Titanium Ore ($44.1M), Kaolin Coated Paper ($362k), and Cocoa Powder ($262k). During the last 5 years the exports of Sierra Leone to Germany have increased at an annualized rate of 19%, from $19.9M in 2022 to $47.6M in 2017.

Exports from Germany (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from Germany than Sierra Leone included United States ($153B), France ($120B), and Netherlands ($109B).

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

Difference in imports from Sierra Leone (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Sierra Leone

Flow
Scale

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

During 2022, Germany had a large net trade with Sierra Leone in the exports of Machines ($8.39M), Transportation ($4.31M), and Chemical Products ($3.27M).

During 2017, Sierra Leone had a large net trade with Germany in the exports of Mineral Products ($44.3M), Foodstuffs ($734k), and Metals ($531k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Sierra Leone+$3.53MCars
Top Product Potential Sierra Leone Germany+$352kKaolin Coated Paper

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

This visualization shows the product space at the HS4 level with the flags of Germany and Sierra Leone. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Sierra Leone. Similarly, a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Germany.

Product Space of Germany (Flag) and Sierra Leone (Flag) (2022)

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