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2023
Flag → Flag
Exports $48.1MRnk 134 / 216
2023
Flag → Flag
Top Product $5.74MDelivery Trucks
2023
Flag → Flag
Exports $71.6MRnk 8 / 112
2023
Flag → Flag
Top Product $58.3MGold
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

United Arab Emirates-Liberia Trade: In 2023, United Arab Emirates exported $48.1M to Liberia. The main products that United Arab Emirates exported to Liberia were Delivery Trucks ($5.74M), Petroleum Coke ($4.27M), and Iron Structures ($3.74M). Over the past 5 years the exports of United Arab Emirates to Liberia have increased at an annualized rate of 15.5%, from $23.4M in 2018 to $48.1M in 2023.

In 2023, United Arab Emirates did not export any services to Liberia.

Liberia-United Arab Emirates Trade: In 2023, Liberia exported $71.6M to United Arab Emirates. The main products that Liberia exported to United Arab Emirates were Gold ($58.3M), Diamonds ($7.99M), and Palm Oil ($2.53M). Over the past 5 years the exports of Liberia to United Arab Emirates have increased at an annualized rate of 5.08%,  from $55.9M in 2018 to $71.6M in 2023.

In 2023, Liberia did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $48.1M to Liberia. The main products exported from United Arab Emirates to Liberia were Delivery Trucks ($5.74M), Petroleum Coke ($4.27M), and Iron Structures ($3.74M). During the last 5 years the exports of United Arab Emirates to Liberia have increased at an annualized rate of 15.5%, from $23.4M in 2018 to $48.1M in 2023.

In 2018, Liberia exported $71.6M to United Arab Emirates. The main products exported from Liberia to United Arab Emirates were Gold ($58.3M), Diamonds ($7.99M), and Palm Oil ($2.53M). During the last 5 years the exports of Liberia to United Arab Emirates have increased at an annualized rate of 5.08%, from $55.9M in 2023 to $71.6M in 2018.

Exports from United Arab Emirates (Flag) to Liberia (Flag) (2023)

Exports from Liberia (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Liberia (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Liberia
Top DestinationSwitzerland$708M

This map shows whether countries import more from United Arab Emirates or Liberia. Each country is colored based on the difference in imports they receive from United Arab Emirates and Liberia or the difference in the growth in imports.

In 2023, countries that imported more from United Arab Emirates than Liberia included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Liberia than United Arab Emirates included North Korea ($38.5k).

Difference in imports from Liberia (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Liberia

Flow
Scale

This chart compares trade between United Arab Emirates and Liberia by product, considering products traded by both, United Arab Emirates and Liberia.

During 2023, United Arab Emirates had a large net trade with Liberia in the exports of Metals ($10.2M), Machines ($9.35M), and Transportation ($8.18M).

During 2018, Liberia had a large net trade with United Arab Emirates in the exports of Precious Metals ($66.3M), Animal and Vegetable Bi-Products ($2.53M), and Mineral Products ($1.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Liberia+$7.96MRefined Petroleum
Top Product Potential Liberia United Arab Emirates+$35.9MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Liberia. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Liberia (Flag) (2023)

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