2022
Flag  
GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC 
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

Sierra Leone-Spain Trade: In 2022, Sierra Leone exported $1.54M to Spain. The main products that Sierra Leone exported to Spain were Cranes ($431k), Scrap Copper ($367k), and Fruit Juice ($158k). Over the past 5 years the exports of Sierra Leone to Spain have decreased at an annualized rate of 22.4%, from $5.48M in 2017 to $1.54M in 2022.

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

Spain-Sierra Leone Trade: In 2022, Spain exported $15.5M to Sierra Leone. The main products that Spain exported to Sierra Leone were Soups and Broths ($2.26M), Unglazed Ceramics ($1.93M), and Eggs ($1.59M). Over the past 5 years the exports of Spain to Sierra Leone have decreased at an annualized rate of 6.8%,  from $22.1M in 2017 to $15.5M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sierra Leone exported $1.54M to Spain. The main products exported from Sierra Leone to Spain were Cranes ($431k), Scrap Copper ($367k), and Fruit Juice ($158k). During the last 5 years the exports of Sierra Leone to Spain have decreased at an annualized rate of 22.4%, from $5.48M in 2017 to $1.54M in 2022.

In 2017, Spain exported $15.5M to Sierra Leone. The main products exported from Spain to Sierra Leone were Soups and Broths ($2.26M), Unglazed Ceramics ($1.93M), and Eggs ($1.59M). During the last 5 years the exports of Spain to Sierra Leone have decreased at an annualized rate of 6.8%, from $22.1M in 2022 to $15.5M in 2017.

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

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

Latest Data

Trade between Sierra Leone (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Sierra Leone
Top Destination
China$622M
Spain
Top Destination
France$65.2B

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

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

In 2022, countries that imported more from Spain than Sierra Leone included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Sierra Leone - Spain

Flow
Scale

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

During 2022, Sierra Leone had a large net trade with Spain in the exports of Machines ($571k), Metals ($457k), and Foodstuffs ($205k).

During 2017, Spain had a large net trade with Sierra Leone in the exports of Foodstuffs ($3.27M), Stone And Glass ($2.23M), and Chemical Products ($2.23M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sierra Leone Spain+$397kScrap Copper
Top Product Potential Spain Sierra Leone+$882kPackaged Medicaments

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with