Flag China / Liberia Flag

2019
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Exports
: $3.91B, Rnk 65 / 209

2019
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Top Product
: $2.23B, Passenger and Cargo Ships

2019
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Exports
: $93.6M, Rnk 5 / 78

2019
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Top Product
: $75.1M, Iron Ore

2019
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Economic Complexity (ECI)
: ECI 1.06, Rnk 29 / 157

2019
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Economic Complexity (ECI)
: ECI -1.28, Rnk 145 / 157

2019
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GDP
: $14.3T, CURRENT US$
Rnk 2 / 187

2009-2019
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GDP GROWTH
: 181%, CURRENT US$
Rnk 6 / 187

2019
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 GDP
: $3.07B, CURRENT US$
Rnk 160 / 187

2009-2019
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GDP GROWTH
: 73.7%, CURRENT US$
Rnk 54 / 187

2019
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GDP PC 
: $10,262, CURRENT US$
Rnk 71 / 187

2009-2019
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GDP PC GROWTH
: 168%, CURRENT US$
Rnk 2 / 187

2019
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GDP PC 
: $622, CURRENT US$
Rnk 177 / 187

2009-2019
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GDP PC GROWTH
: 32.1%, CURRENT US$
Rnk 88 / 187

China-Liberia: In 2019, China exported $3.91B to Liberia. The main products that China exported to Liberia are Passenger and Cargo Ships ($2.23B), Refined Petroleum ($739M), and Boat Propellers ($165M). During the last 24 years the exports of China to Liberia have increased at an annualized rate of 21.6%, from $35.5M in 1995 to $3.91B in 2019.

In 2019, China did not exported services to Liberia.

Liberia-China: In 2019, Liberia exported $93.6M to China . The main products that Liberia exported to China were Iron Ore ($75.1M), Rough Wood ($14.3M), and Sawn Wood ($1.37M). During the last 24 years the exports of Liberia to China have increased at an annualized rate of 33.3%, from $94.1k in 1995 to $93.6M in 2019.

In 2019, Liberia did not exported services to China.

Comparison: In 2019,  China ranked 29 in the Economic Complexity Index (ECI 1.06), and 1 in total exports ($2.57T). That same year, Liberia ranked 145 in the Economic Complexity Index (ECI -1.28), and 141 in total exports ($1.83B).

Bilateral Trade by Products

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Depth
Value

In 2019, China exported $3.91B to Liberia. The main products exported from China to Liberia were Passenger and Cargo Ships ($2.23B), Refined Petroleum ($739M), and Boat Propellers ($165M). During the last 24 years the exports of China to Liberia have increased at an annualized rate of 21.6%, from $35.5M in 1995 to $3.91B in 2019.

In 2019, Liberia exported $93.6M to China. The main products exported from Liberia to China were Iron Ore ($75.1M), Rough Wood ($14.3M), and Sawn Wood ($1.37M). During the last 24 years the exports of Liberia to China have increased at an annualized rate of 33.3%, from $94.1k in 1995 to $93.6M in 2019.

Market Competitiveness

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Measure

China
Top Destination
: United States, $429B

Liberia
Top Destination
: Guyana, $586M

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.

In 2019, countries that imported more from China than Liberia were United States ($429B), Hong Kong ($268B), and Japan ($152B).

In 2019, countries that imported more from Liberia than China were Guyana ($586M).

Comparative Advantage China - Liberia

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Depth

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

During 2019, China had a large net trade with Liberia in the exports of Transportation ($2.3B), Mineral Products ($739M), and Machines ($500M).

During 2019, Liberia had a large net trade with China in the exports of Mineral Products ($75.9M), Wood Products ($15.6M), and Machines ($1.13M).

Tariff Section

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This section shows import tariffs for products traded between China and Liberia (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Liberia were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2018, the products from Liberia that paid the highest import tariffs to enter China were Parts and accessories of revolvers or pistols (50%) and Firearms: parts and accessories, of shotguns or rifles of heading 9303 (50%).

Explore Tariff Data

*The tariffs present between China and Liberia are:
112: China Preferential tariff for Least Developed Countries
125: General duty rate
136: Most Favoured Nation duty rate treatement

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Liberia. Similarly, the more red a dot/product is, the more Liberia has comparative advantage over China.