Sierra Leone recorded a trade deficit of 53.84 USD Million in June of 2020. source: Bank of Sierra Leone

Balance of Trade in Sierra Leone averaged -34.91 USD Million from 1998 until 2020, 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. Sierra Leone Balance of Trade - values, historical data and charts - was last updated on December of 2021.

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. In the long-term, the Sierra Leone Balance of Trade is projected to trend around -65.94 USD Million in 2022 and -65.95 USD Million in 2023, according to our econometric models.

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Sierra Leone Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -53.84 -85.72 USD Million Jun/20
Current Account to GDP -15.60 -13.50 percent of GDP Dec/20
Current Account -915430405.12 -646.10 USD Million Dec/19
Imports 94.05 110.24 USD Million Jun/20
Exports 40.21 24.52 USD Million Jun/20
Tourist Arrivals 3164.00 2195.00 Persons Mar/21
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.