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
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

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 September 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 951.00 Jul/19
Australia 7268.00 Jul/19
Brazil 3280.00 Aug/19
Canada -1124.40 Jul/19
China 348.30 Aug/19
Euro Area 24789.70 Jul/19
France -4607.00 Jul/19
Germany 21449.00 Jul/19
India -13450.00 Aug/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico -1117.00 Jul/19
Netherlands 4127.00 Jul/19
Russia 11224.00 Jul/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa -2880.82 Jul/19
South Korea 1723.00 Aug/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3191.93 Jul/19
United Kingdom -219.00 Jul/19
United States -53989.00 Jul/19