2022
Flag  
GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 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 
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

Republic of the Congo-Liberia Trade: In 2019, Republic of the Congo exported $486k to Liberia. The main products that Republic of the Congo exported to Liberia were N/A. Over the past 7 years the exports of Republic of the Congo to Liberia have increased at an annualized rate of 48.1%, from $31.1k in 2012 to $486k in 2019.

In 2019, Republic of the Congo did not export any services to Liberia.

Liberia-Republic of the Congo Trade: In 2019, Liberia exported $4.1M to Republic of the Congo. The main products that Liberia exported to Republic of the Congo were N/A. Over the past 7 years the exports of Liberia to Republic of the Congo have increased at an annualized rate of 46.7%,  from $192k in 2012 to $4.1M in 2019.

In 2019, Liberia did not export any services to Republic of the Congo.

Comparison: In 2022,  Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B). 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 2019, Republic of the Congo exported $486k to Liberia. There were not main exports from Republic of the Congo to Liberia in 2019. During the last 7 years the exports of Republic of the Congo to Liberia have increased at an annualized rate of 48.1%, from $31.1k in 2012 to $486k in 2019.

In 2016, Liberia exported $4.1M to Republic of the Congo. There were not main exports from Liberia to Republic of the Congo in 2016. During the last 5 years the exports of Liberia to Republic of the Congo have increased at an annualized rate of 46.7%, from $192k in 2021 to $4.1M in 2016.

Exports from Republic of the Congo (Flag) to Liberia (Flag) (2021)

Exports from Liberia (Flag) to Republic of the Congo (Flag) (2021)

Latest Data

Trade between Republic of the Congo (Flag) and Liberia (Flag)

Republic of the Congo Exports

Market Competitiveness

Color
Republic of the Congo
Top Destination
China$4.82B
Liberia
Top Destination
Switzerland$544M

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

In 2022, countries that imported more from Republic of the Congo than Liberia included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

In 2022, countries that imported more from Liberia than Republic of the Congo included Switzerland ($544M), France ($158M), and Germany ($156M).

Difference in imports from Liberia (Flag) and Republic of the Congo (Flag) (2022)

Comparative Advantage Republic of the Congo - Liberia

Flow
Scale

This chart compares trade between Republic of the Congo and Liberia by product, considering products traded by both, Republic of the Congo and Liberia.

During 2019, Republic of the Congo had a large net trade with Liberia in the exports of .

During 2016, Liberia had a large net trade with Republic of the Congo in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Republic of the Congo Liberia+$2.45kRefined Petroleum
Top Product Potential Liberia Republic of the Congo+$1.64kPalm Oil

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

Product Space of Republic of the Congo (Flag) and Liberia (Flag) (2021)

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