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Pricing

2022
Flag → Flag
Exports $80.9kRnk 67 / 128
2022
Flag → Flag
Top Product $72.1kIron Fasteners
2022
Flag → Flag
Exports $261kRnk 48 / 118
2022
Flag → Flag
Top Product $219kPalm Oil
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 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 $1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

Benin-Sierra Leone Trade: In 2022, Benin exported $80.9k to Sierra Leone. The main products that Benin exported to Sierra Leone were Iron Fasteners ($72.1k), Cars ($6.44k), and Light Mixed Woven Cotton ($1.12k). Over the past 6 years the exports of Benin to Sierra Leone have decreased at an annualized rate of 17.6%, from $258k in 2016 to $80.9k in 2022.

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

Sierra Leone-Benin Trade: In 2022, Sierra Leone exported $261k to Benin. The main products that Sierra Leone exported to Benin were Palm Oil ($219k), Trailers and semi-trailers, not mechanically propelled vehicles ($33k), and Cars ($5.93k). Over the past 6 years the exports of Sierra Leone to Benin have decreased at an annualized rate of 27.5%,  from $1.3M in 2016 to $261k in 2022.

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

Comparison In 2022,  Benin ranked 86 in the Economic Complexity Index (ECI -0.5),  and 149 in total exports ($1.67B). 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, Benin exported $80.9k to Sierra Leone. The main products exported from Benin to Sierra Leone were Iron Fasteners ($72.1k), Cars ($6.44k), and Light Mixed Woven Cotton ($1.12k). During the last 6 years the exports of Benin to Sierra Leone have decreased at an annualized rate of 17.6%, from $258k in 2016 to $80.9k in 2022.

In 2017, Sierra Leone exported $261k to Benin. The main products exported from Sierra Leone to Benin were Palm Oil ($219k), Trailers and semi-trailers, not mechanically propelled vehicles ($33k), and Cars ($5.93k). During the last 5 years the exports of Sierra Leone to Benin have decreased at an annualized rate of 27.5%, from $1.3M in 2022 to $261k in 2017.

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

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

Latest Data

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

Benin Exports

Market Competitiveness

Color
Benin
Top DestinationIndia$448M
Sierra Leone
Top DestinationChina$622M

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

In 2022, countries that imported more from Benin than Sierra Leone included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

In 2022, countries that imported more from Sierra Leone than Benin included China ($622M), Belgium ($136M), and Germany ($47.6M).

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

Comparative Advantage Benin - Sierra Leone

Flow
Scale

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

During 2022, Benin had a large net trade with Sierra Leone in the exports of Metals ($72.1k), Transportation ($6.44k), and Textiles ($1.12k).

During 2017, Sierra Leone had a large net trade with Benin in the exports of Animal and Vegetable Bi-Products ($219k), Transportation ($38.9k), and Textiles ($3.12k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Sierra Leone+$10.7kCars
Top Product Potential Sierra Leone Benin+$217kPalm Oil

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

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

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