Sierra Leone recorded a trade deficit of 71.92 USD Million in August of 2019. Sierra Leone Balance of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Balance of Trade in Sierra Leone averaged -34.09 USD Million from 1998 until 2019, reaching an all time high of 81.83 USD Million in December of 2012 and a record low of -267.64 USD Million in November of 2011. This page provides - Sierra Leone Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Balance of Trade in Sierra Leone is expected to be -65.89 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Sierra Leone to stand at -65.93 in 12 months time. In the long-term, the Sierra Leone Balance of Trade is projected to trend around -65.94 USD Million in 2021 and -65.95 USD Million in 2022, according to our econometric models.


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Sierra Leone Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-71.92 -130.16 81.83 -267.64 1998 - 2019 USD Million Monthly


Sierra Leone Balance of Trade
Sierra Leone’s systemic trade deficit is due to its import dependency and weak commercial agriculture. Sierra Leone’s main exports are diamonds (63 percent of total exports) and cocoa (22 percent). Sierra Leone is a net importer of capital equipment and fuel. Main trading partners are: China, Guinea and United States.