International Research Journal of Innovations in Engineering and Technology - IRJIET International Open Access, Monthly, Peer Reviewed, Reputed Journal ISSN (online): 2581-3048

Impact Factor (2025): 6.9

DOI Prefix: 10.47001/IRJIET

A Comparative Analysis of the Export Competitiveness of Mineral Industries in Sierra Leone and Guinea in the US Market

Abstract

This study is conducted to assess the competitiveness of the mineral industries of Sierra Leone and Guinea. The shift-share analysis and the industry concentration ratio were applied to identify the sectors that have effectiveness benefits in the mineral sectors of the review countries. The United States market was used as the base of the research upon which the results were analyzed. The total minerals exports of the two nations were categorized into five (5) groups grounded on the Standard International Trade Classification (SITC2-3). The pertinent categories as (1) The Iron and Ferro-Alloy Metals (Fe), (2) the Non-ferrous Metals (NFM), (3) the Industrial Minerals (IM), (4) the Precious Metals (PM), and (5) the Mineral Fuel (MF). For the ease of analysis, the study period was divided into two separate terminal periods of 2009-2013 and 2014-2018, captivating into considering the export data runs for a decade. Precisely, in Sierra Leone, the NFM, PM, and IM industries all show positive correlation values, while the Fe industry, on the other hand, indicates a negative correlation value. The findings further suggest that the NFM industry was the most competitive/effectiveness, while the Fe industry was the least competitive/effectiveness. For Guinea, the NFM, IM, and MF industries all indicated the positive correlation values, while the PM industry shows a negative correlation value. The NFM industry was the highest performer. Therefore, the most competitive/effectiveness industry. Generally, the most competitive/effectiveness in the US market was Guinea. The paper concludes with recommendations.

Country : China / Sierra Leone

1 Edmond Kamanda2 Peter Umaru Kamara3 Aruna Bakarr4 Abdulai Bobson Turay

  1. School of Economics, Wuhan University of Technology, Wuhan 430070, P. R. China & School of Social Sciences, University of Management and Technology, Freetown, Sierra Leone
  2. School of Social Sciences, University of Management and Technology, Freetown, Sierra Leone
  3. School of Social Sciences, University of Management and Technology, Freetown, Sierra Leone
  4. Faculty of Social Sciences, Ernest Bai Koroma University of Science and Technology, Magburoka, Sierra Leone

IRJIET, Volume 5, Issue 2, February 2021 pp. 88-96

doi.org/10.47001/IRJIET/2021.502013

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