According to resources, the total export to Sierra Leone from India reached an estimated revenue of more than $150 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
| Value in $Million | 2020-2021 | 2021-2022(Apr-Dec) |
| India Export to Sierra Leone | 152 | 140 |
| India Import from Sierra Leone | 8 | 12 |
| Total Trade | 160M | 152M |
Rice, Pharmaceuticals and Plastic are the major exported products from India to Sierra Leone at the present moment.
The E-commerce market in Sierra Leone reached more than $190 Million by 2022 and expected to cross $390 Million by the year 2025 with 26% growth rate.
The main reason behind this development is the Internet penetration rate in Sierra Leone which has reached more than 32% by 2022.
So, itβs a good scope for Indian exporters and sellers to grab the Sierra Leone market whether through offline channels or online selling platforms & marketplaces in Sierra Leone.
Useful resources