Sierra Leone recorded a trade deficit of 71.92 USD Million in August of 2019. 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.

Balance of Trade in Sierra Leone is expected to be -65.97 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 -65.97 in 12 months time. In the long-term, the Sierra Leone Balance of Trade is projected to trend around -65.95 USD Million in 2020, according to our econometric models.

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Sierra Leone Balance of Trade
Sierra Leone Trade Last Previous Highest Lowest Unit
Balance of Trade -71.92 -130.16 81.83 -267.64 USD Million [+]
Current Account -535.00 -162.80 140.74 -1913.51 USD Million [+]
Current Account to GDP -16.90 -13.00 28.71 -52.30 percent [+]
Imports 111.76 174.85 289.44 0.83 USD Million [+]
Exports 39.84 44.69 197.99 0.02 USD Million [+]
Terrorism Index 0.46 1.07 3.99 0.00 [+]
Tourist Arrivals 51.00 55.00 81.00 16.00 Thousand [+]


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 December of 2019.

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




Country Last Previous
Argentina 1768.00 Oct/19 1744
Australia 4502.00 Oct/19 6847
Brazil 3428.00 Nov/19 1206
Canada -1078.50 Oct/19 -1229
China 387.27 Nov/19 425
Euro Area 18653.90 Sep/19 14277
France -4730.00 Oct/19 -5418
Germany 21508.00 Oct/19 21207
India -11010.00 Oct/19 -10860
Indonesia 161.30 Oct/19 -164
Italy 2779.30 Sep/19 2598
Japan 15.66 Oct/19 -128
Mexico -726.62 Oct/19 -116
Netherlands 6350.00 Oct/19 5383
Russia 12423.00 Oct/19 14148
Saudi Arabia 127500.00 Jun/19 131654
Singapore 3783.84 Oct/19 3832
South Africa 3092.84 Oct/19 4533
South Korea 3370.00 Nov/19 5393
Spain -4262520.00 Sep/19 -3984934
Switzerland 2389.21 Oct/19 3046
Turkey -1808.39 Oct/19 -2070
United Kingdom -5188.00 Oct/19 -1922
United States -47199.00 Oct/19 -51100


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