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Sierra Leone Exports
Sierra Leone is a poor country affected by Civil War. Nearly half of the working-age population engages in subsistence agriculture. The country possesses substantial mineral, agricultural, and fishery resources, but it is still recovering from a civil war that destroyed most institutions before ending in the early 2000s.
Agriculture is the largest employer with 80 percent of the population working in the sector. Rice is the most important staple crop in Sierra Leone with 85 percent of farmers cultivating rice during the rainy season and an annual consumption of 76 kg per person.
Rich in minerals, Sierra Leone has relied on mining, especially diamonds, for its economic base. The country is among the top ten diamond producing nations. Mineral exports remain the main currency earner. Sierra Leone is a major producer of gem-quality diamonds. Though rich in diamonds, it has historically struggled to manage their exploitation and export.
Sierra Leone has one of the world's largest deposits of rutile, a titanium ore used as paint pigment and welding rod coatings.
Sierra Leone’s exports have been increasing after the UN sanctions were lifted in late 2010. Sierra Leone main exports are diamonds (63 percent of total exports), cocoa, coffee, iron ore, titanium ore, rough wood and aluminium ore.
Sierra Leone main export partners are Belgium, Netherlands, France, China and United States.
Sierra Leone Imports
Sierra Leone's economy is highly dependent on mineral exploitation. Much of the formal economy of Sierra Leone was destroyed in the country's civil war. Since the end of hostilities in January 2002, massive infusions of outside assistance have helped Sierra Leone begin to recover.
Much of the recovery will depend on the success of the government's efforts to limit corruption by officials, which many feel was the chief cause for the civil war. A key indicator of success will be the effectiveness of government management of its diamond sector.
There is high unemployment, particularly among the youth and ex-combatants. Authorities have been slow to implement reforms in the civil service, and the pace of the privatization program is also slackening and donors have urged its advancement.
The currency is the leone. The central bank is the Bank of Sierra Leone. Sierra Leone operates a floating exchange rate system, and foreign currencies can be exchanged at any of the commercial banks, recognized foreign exchange bureau and most hotels. Credit card use is limited in Sierra Leone, though they may be used at some hotels and restaurants.
Sierra Leone main imports are machinery and transport equipment (50 percent of total imports), fuel, rice, refined petroleum, packaged medicaments, large construction vehicles and excavation machinery, foodstuffs.
Sierra Leone's main import partners are Guinea, Ivory Coast, India, the United Kingdom, China and South Africa.
Customs requirements of Sierra leone
Sierra Leone Customs Contacts
Address: Cline Town, Freetown
Telephone: +232 (22) 2229 2734, +232 2229 0544
Sierra Leone is a country situated in West Africa, bordered by Guinea, Liberia and the Atlantic Ocean. Sierra Leone is a member of the United Nations, African Union, Economic Community of West African States (ECOWAS), Commonwealth of Nations, the African Development Bank and other international organizations.