2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 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 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

China-Liberia Trade: In 2022, China exported $7.52B to Liberia. The main products that China exported to Liberia were Refined Petroleum ($3.22B), Passenger and Cargo Ships ($3.08B), and Additive manufacturing machines ($271M). Over the past 5 years the exports of China to Liberia have increased at an annualized rate of 29%, from $2.1B in 2017 to $7.52B in 2022.

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

Liberia-China Trade: In 2022, Liberia exported $13.2M to China. The main products that Liberia exported to China were Titanium Ore ($6.71M), Niobium, Tantalum, Vanadium and Zirconium Ore ($2.95M), and Rough Wood ($2.75M). Over the past 5 years the exports of Liberia to China have decreased at an annualized rate of 12.7%,  from $26.1M in 2017 to $13.2M in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $7.52B to Liberia. The main products exported from China to Liberia were Refined Petroleum ($3.22B), Passenger and Cargo Ships ($3.08B), and Additive manufacturing machines ($271M). During the last 5 years the exports of China to Liberia have increased at an annualized rate of 29%, from $2.1B in 2017 to $7.52B in 2022.

In 2017, Liberia exported $13.2M to China. The main products exported from Liberia to China were Titanium Ore ($6.71M), Niobium, Tantalum, Vanadium and Zirconium Ore ($2.95M), and Rough Wood ($2.75M). During the last 5 years the exports of Liberia to China have decreased at an annualized rate of 12.7%, from $26.1M in 2022 to $13.2M in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
N/AN/A
Liberia
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage China - Liberia

Flow
Scale

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

During 2022, China had a large net trade with Liberia in the exports of Mineral Products ($3.22B), Transportation ($3.12B), and Machines ($699M).

During 2017, Liberia had a large net trade with China in the exports of Mineral Products ($9.68M), Wood Products ($2.91M), and Plastics and Rubbers ($385k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Liberia+$9.4MTelephones
Top Product Potential Liberia China+$2.87MRough Wood

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 China and Liberia. This means that a dot/product with the flag of China indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over China.

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

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