Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Sierra Leone | Imports and Exports | World | Iron and steel | Value (US$) and Value Growth, YoY (%) | 2014 - 2018

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The value of exports of commodity group 72 "Iron and steel" from Sierra Leone totalled $ 3.26 million in 2018. Sales of commodity group 72 from Sierra Leone went up by 54% compared to 2017: exports of commodity group 72 "Iron and steel" went up by $ 1.15 million (cumulative exports of commodity group 72 from Sierra Leone amounted $2.11 million in 2017)

Exports of commodity group 72 "Iron and steel" amounted to 1.59% of total exports from Sierra Leone (cumulative merchandise exports from Sierra Leone totalled $ 205 million in 2018). The share of commodity group 72 in total exports from Sierra Leone decreased by 0.468 p.p. compared to 2017 (it was 2.05% in 2017 and cumulative exports from Sierra Leone were equal to $ 102 million).

Where does Sierra Leone export Iron and steel?

Top export destinations of "Iron and steel" from Sierra Leone in 2018:

  • India with a share of 99% (3.23 million US$)
  • Korea - 14.3 thousand US$
  • Senegal - 12 thousand US$
  • Belgium - 3.19 thousand US$
  • Guinea - 238 US$
  • USA - 81 US$

Exports structure of 72 - Iron and steel - from Sierra Leone in 2018 represented by the following main commodity groups:

  • 99% (3.25 million US$): 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel.
  • 0.368% (12 thousand US$): 7210 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated
  • 0.006% (208 US$): 7203 - Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94 %, in lumps, pellets or similar forms
  • 0% (30 US$): 7201 - Pig iron and spiegeleisen in pigs, blocks or other primary forms

The value of imports of commodity group 72 "Iron and steel" to Sierra Leone totalled $ 34 million in 2018. Sales of commodity group 72 to Sierra Leone decreased by 14.4% in value terms compared to 2017. imports of commodity group 72 "Iron and steel" decreased by $ 5.83 million (the value of imports of commodity group 72 to Sierra Leone was equal to $40 million in 2017)

Imports of commodity group 72 "Iron and steel" accounted for 3.5% of total import flow to Sierra Leone (in 2018, total imports to Sierra Leone amounted to $ 986 million). The share of commodity group 72 in total imports to Sierra Leone decreased by 0.259 p.p. compared to 2017 (it was 3.76% in 2017 and cumulative imports to Sierra Leone were equal to $ 1.07 billion).

Where does Sierra Leone import Iron and steel from?

Top trading partners (import of "Iron and steel") of Sierra Leone in 2018:

  • Turkey with a share of 37% (13 million US$)
  • China with a share of 27% (9.37 million US$)
  • United Arab Emirates with a share of 9.04% (3.13 million US$)
  • Hong Kong with a share of 8.87% (3.07 million US$)
  • India with a share of 6.22% (2.15 million US$)
  • United Kingdom with a share of 2.73% (946 thousand US$)
  • Nigeria with a share of 2.26% (784 thousand US$)
  • Seychelles with a share of 1.6% (557 thousand US$)
  • Senegal with a share of 1% (348 thousand US$)
  • South Africa - 304 thousand US$

Imports structure of 72 - Iron and steel - to Sierra Leone in 2018 represented by the following main commodity groups:

  • 56% (19.5 million US$): 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling
  • 24% (8.31 million US$): 7210 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated
  • 8.67% (3 million US$): 7208 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated
  • 3.33% (1.15 million US$): 7216 - Angles, shapes and sections of iron or non-alloy steel
  • 2.19% (761 thousand US$): 7215 - Other bars and rods of iron or non-alloy steel
  • 1.69% (587 thousand US$): 7217 - Wire of iron or non-alloy steel
  • 1.22% (423 thousand US$): 7202 - Ferro-alloys.
  • 1.1% (383 thousand US$): 7207 - Semi-finished products of iron or non-alloy steel
  • 0.964% (333 thousand US$): 7209 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-rolled (cold-reduced), not clad, plated or coated
  • 0.162% (56 thousand US$): 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel.

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