Sierra Leone recorded a trade deficit of 54.39 USD Million in October of 2016. Balance of Trade in Sierra Leone averaged -29.57 USD Million from 1998 until 2016, 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.

Balance of Trade in Sierra Leone is expected to be -33.87 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 -31.31 in 12 months time. In the long-term, the Sierra Leone Balance of Trade is projected to trend around -29.72 USD Million in 2020, according to our econometric models.

Sierra Leone Balance of Trade
Forecast Data Chart
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Sierra Leone Trade Last Previous Highest Lowest Unit
Balance of Trade -54.39 -58.25 81.83 -267.64 USD Million [+]
Current Account -1102.09 -1913.51 140.74 -1913.51 USD Million [+]
Current Account to GDP -13.00 -16.60 28.71 -52.30 percent [+]
Imports 60.01 67.00 289.44 0.83 USD Million [+]
Exports 5.62 8.76 197.99 0.02 USD Million [+]
Terrorism Index 1.07 0.67 3.99 0.00 [+]
Tourist Arrivals 51.00 55.00 81.00 16.00 Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

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. This page provides - Sierra Leone Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sierra Leone Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-54.39 -58.25 81.83 -267.64 1998 - 2016 USD Million Monthly

Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan -967.11 May/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 1654.00 May/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19