Sierra Leone

Sierra Leone ranked No. 167 in total trade value through August with a total of $65.17 million. Exports totaled $40.31 million and Imports totaled $24.86 million, a surplus of $15.45 million.

U.S. trade with Sierra Leone rose to $65.17 million through August

Sierra Leone’s trade with the United States rose to $65.17 million through the first eight months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.77 percent below its total trade during the same time period last year. U.S. exports to Sierra Leone decreased 22.59 percent while U.S. imports from Sierra Leone rose 45.49 percent. The U.S. surplus with Sierra Leone was $15.45 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Baltimore, Md.; No. 3 Port of New York; No. 4 Port of Greater Baton Rouge, La.; and No. 5 Port of Savannah, Ga.. During the same period the previous year, the top five were No. 1 Port of Charleston; No. 2 Port of Savannah, Ga.; No. 3 Port of Baltimore, Md.; No. 4 Port of New York and No. 5 Port Laredo. In the current time period, the top five accounted for 61.84 percent of Sierra Leone’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 582.19 percent to $9.4 million.
    Exports fell 36.03 percent to $151,772. Imports rose 710.72 percent to $9.25 million.
  • Trade with No. 2 Port of Baltimore, Md. rose 31.77 percent to $8.94 million.
    Exports rose 37.4 percent to $8.65 million. Imports fell 40.83 percent to $288,943.
  • Trade with No. 3 Port of New York rose 25.73 percent to $8.14 million.
    Exports rose 26.52 percent to $8.14 million. Imports fell 98.76 percent to $503.
  • Trade with No. 4 Port of Greater Baton Rouge, La. totaled $8.11 million.
    There were no exports. Imports totaled $8.11 million.
  • Trade with No. 5 Port of Savannah, Ga. fell 18.71 percent to $5.71 million.
    Exports fell 19.74 percent to $5.63 million. Imports rose 660.75 percent to $80,586.

Sierra Leone ranked No. 167 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 166.

Meanwhile, total U.S. trade with the world increased to $2.4 trillion, down 13.21 percent compared to the same period last year. The nation’s exports dropped 16.18 percent to $917.89 billion; imports dropped 11.26 percent to $1.48 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $564.57 billion, down compared to the same period of last year when the deficit was $575.47 billion.

The top five U.S. exports to Sierra Leone by value through August were the categories of Passenger vehicles; Sauces and preparations; mixed condiments; Chicken and other poultry; Plastic tableware and other products; and Returned exports, with change, respectively. They accounted for 58.96 percent of total exports to Sierra Leone.

The value of the top five categories of U.S. imports from Sierra Leone –– Diamonds, not mounted; Aluminum ores and concentrates; Electrical resistors, except heating resistors; Palm oil; and Estimates of low-value imports –– accounted for 84.25 percent of all inbound shipments.

Looking more closely at U.S. exports to Sierra Leone:

  • Passenger vehicles rose 71.84 percent compared to last year to $9.55 million.
  • Sauces and preparations; mixed condiments fell 54.88 percent compared to last year to $5.56 million.
  • Chicken and other poultry rose 93.99 percent compared to last year to $4.33 million.
  • Plastic tableware and other products rose 343.04 percent compared to last year to $2.42 million.
  • Returned exports, with change rose 162.59 percent compared to last year to $1.91 million.

Looking more closely at U.S. imports from Sierra Leone:

  • Diamonds, not mounted rose 784.88 percent compared to last year to $9.3 million.
  • Aluminum ores and concentrates totaled $8.34 million. The previous year, there were no imports in this category.
  • Electrical resistors, except heating resistors rose 26330 percent compared to last year to $2.48 million.
  • Palm oil rose 302.43 percent compared to last year to $420,656.
  • Estimates of low-value imports rose 9.36 percent compared to last year to $402,681.

In the latest annual figures available, Sierra Leone recorded $108.64 million in trade with the United States. Total U.S. exports to Sierra Leone were $ 78.36 million and imports from Sierra Leone were $30.27 million. The U.S. surplus with Sierra Leone was $48.09 million.