2022
Flag  
GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%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$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
3.63%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

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.

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.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). 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, 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 2017 to $15.5M in 2022.

In 2017, 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 2022 to $1.54M in 2017.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Spain - Sierra Leone

Flow
Scale

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

During 2022, 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).

During 2017, Sierra Leone had a large net trade with Spain in the exports of Machines ($571k), Metals ($457k), and Foodstuffs ($205k).

Potential Exports

Potential Exports

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

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

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

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