2022
Flag  
GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
Flag
 GDP
$3.97BCURRENT US$
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2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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2022
Flag
GDP PC
$461CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.3%CURRENT US$
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About

Belgium-Sierra Leone Trade: In 2022, Belgium exported $85.2M to Sierra Leone. The main products that Belgium exported to Sierra Leone were Refined Petroleum ($36.3M), Vaccines, blood, antisera, toxins and cultures ($26.4M), and Sauces and Seasonings ($4.92M). Over the past 5 years the exports of Belgium to Sierra Leone have increased at an annualized rate of 6.59%, from $61.9M in 2017 to $85.2M in 2022.

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

Sierra Leone-Belgium Trade: In 2022, Sierra Leone exported $136M to Belgium. The main products that Sierra Leone exported to Belgium were Titanium Ore ($96.1M), Diamonds ($37.3M), and Cocoa Beans ($2.77M). Over the past 5 years the exports of Sierra Leone to Belgium have increased at an annualized rate of 1.13%,  from $129M in 2017 to $136M in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $85.2M to Sierra Leone. The main products exported from Belgium to Sierra Leone were Refined Petroleum ($36.3M), Vaccines, blood, antisera, toxins and cultures ($26.4M), and Sauces and Seasonings ($4.92M). During the last 5 years the exports of Belgium to Sierra Leone have increased at an annualized rate of 6.59%, from $61.9M in 2017 to $85.2M in 2022.

In 2017, Sierra Leone exported $136M to Belgium. The main products exported from Sierra Leone to Belgium were Titanium Ore ($96.1M), Diamonds ($37.3M), and Cocoa Beans ($2.77M). During the last 5 years the exports of Sierra Leone to Belgium have increased at an annualized rate of 1.13%, from $129M in 2022 to $136M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Sierra Leone
Top Destination
China$622M

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

In 2022, countries that imported more from Belgium than Sierra Leone included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

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

Comparative Advantage Belgium - Sierra Leone

Flow
Scale

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

During 2022, Belgium had a large net trade with Sierra Leone in the exports of Mineral Products ($36.4M), Chemical Products ($29.3M), and Foodstuffs ($6.63M).

During 2017, Sierra Leone had a large net trade with Belgium in the exports of Mineral Products ($96.1M), Precious Metals ($37.3M), and Foodstuffs ($2.77M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Sierra Leone+$1.55MCars
Top Product Potential Sierra Leone Belgium+$13.3MDiamonds

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 Belgium and Sierra Leone. This means that a dot/product with the flag of Belgium 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 Belgium.

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

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