Country intelligence · SLE · 2024

Sierra Leone trade profile

In 2024, Sierra Leone recorded $1.5B in merchandise exports and $2.2B in imports, producing a $766.9M trade deficit. Exports changed +5.4% from the previous year, while imports changed +12.1%.[1]

Exports

$1.5B

+5.4%

Imports

$2.2B

+12.1%

Trade balance

-$766.9M

deficit

Active partners

270

13 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$1.5B$2.2B-$766.9M+5.4%
2023$1.4B$2.0B-$599.9M+15.0%
2022$1.2B$1.8B-$586.6M+34.9%
2021$894.7M$1.7B-$759.9M+67.3%
2020$534.8M$1.2B-$691.8M-17.1%
2019$644.7M$1.0B-$375.2M-4.0%
2018$671.8M$1.2B-$522.9M-14.1%
2017$781.9M$1.2B-$393.3M+1.1%
2016$773.5M$1.1B-$305.8M+25.3%
2015$617.2M$1.8B-$1.2B-69.3%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 26 · HS chapter

31 active HS6 lines · 26 export partners

$1.0B
2

HS 71 · Precious metals and stones

21 active HS6 lines · 23 export partners

$161.1M
3

HS 18 · HS chapter

9 active HS6 lines · 25 export partners

$137.6M
4

HS 85 · Electrical machinery

258 active HS6 lines · 106 export partners

$21.6M
5

HS 15 · HS chapter

28 active HS6 lines · 30 export partners

$16.5M
6

HS 84 · Machinery

496 active HS6 lines · 101 export partners

$14.8M
7

HS 09 · HS chapter

35 active HS6 lines · 36 export partners

$12.0M
8

HS 72 · HS chapter

158 active HS6 lines · 16 export partners

$11.0M

Leading export markets

Destinations rank bilateral export flows from Sierra Leone; growth describes each corridor rather than the whole economy.

1

China

Annual change -6.9% · 3-year CAGR 35.2%

$852.9M
2

Netherlands

Annual change +165.9% · 3-year CAGR 49.8%

$137.6M
3

India

Annual change -6.0% · 3-year CAGR 85.9%

$85.5M
4

United Arab Emirates

Annual change +88.9% · 3-year CAGR -3.1%

$60.4M
5

Belgium

Annual change -27.8% · 3-year CAGR -32.0%

$48.1M
6

Germany

Annual change +83.4% · 3-year CAGR -17.6%

$40.7M
7

Japan

Annual change +24.4% · 3-year CAGR 53.8%

$40.2M
8

United States

Annual change +31.3% · 3-year CAGR 24.5%

$27.6M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.