2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

Switzerland-Liberia Trade: In 2022, Switzerland exported $1.53M to Liberia. The main products that Switzerland exported to Liberia were Jewellery ($258k), Low-voltage Protection Equipment ($119k), and X-Ray Equipment ($109k). Over the past 5 years the exports of Switzerland to Liberia have decreased at an annualized rate of 33.1%, from $11.4M in 2017 to $1.53M in 2022.

In 2022, Switzerland did not export any services to Liberia.

Liberia-Switzerland Trade: In 2022, Liberia exported $544M to Switzerland. The main products that Liberia exported to Switzerland were Gold ($544M), Rubber Apparel ($21.4k), and Hydrometers ($2.64k). Over the past 5 years the exports of Liberia to Switzerland have increased at an annualized rate of 23.4%,  from $190M in 2017 to $544M in 2022.

In 2022, Liberia did not export any services to Switzerland.

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $1.53M to Liberia. The main products exported from Switzerland to Liberia were Jewellery ($258k), Low-voltage Protection Equipment ($119k), and X-Ray Equipment ($109k). During the last 5 years the exports of Switzerland to Liberia have decreased at an annualized rate of 33.1%, from $11.4M in 2017 to $1.53M in 2022.

In 2017, Liberia exported $544M to Switzerland. The main products exported from Liberia to Switzerland were Gold ($544M), Rubber Apparel ($21.4k), and Hydrometers ($2.64k). During the last 5 years the exports of Liberia to Switzerland have increased at an annualized rate of 23.4%, from $190M in 2022 to $544M in 2017.

Exports from Switzerland (Flag) to Liberia (Flag) (2022)

Exports from Liberia (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Liberia (Flag)

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Liberia
Top Destination
Switzerland$544M

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

In 2022, countries that imported more from Switzerland than Liberia included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, no countries were registered that imported more from Liberia than from Switzerland.

Difference in imports from Liberia (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Liberia

Flow
Scale

This chart compares trade between Switzerland and Liberia by product, considering products traded by both, Switzerland and Liberia.

During 2022, Switzerland had a large net trade with Liberia in the exports of Machines ($498k), Metals ($301k), and Precious Metals ($258k).

During 2017, Liberia had a large net trade with Switzerland in the exports of Precious Metals ($544M), Plastics and Rubbers ($21.4k), and Instruments ($3.95k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Liberia+$107kCars
Top Product Potential Liberia Switzerland+$8.71kRubber Apparel

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and Liberia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with