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Pricing

2022
Flag → Flag
Exports $842MRnk 75 / 223
2022
Flag → Flag
Top Product $808MPassenger and Cargo Ships
2022
Flag → Flag
Exports $156MRnk 3 / 86
2022
Flag → Flag
Top Product $70.4MIron Ore
2022
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Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
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GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
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GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Germany-Liberia In 2022, Germany exported $842M to Liberia. The main products that Germany exported to Liberia are Passenger and Cargo Ships ($808M), Documents of title (bonds etc) and unused stamps ($6.13M), and Washing and Bottling Machines ($4M). During the last 27 years the exports of Germany to Liberia have increased at an annualized rate of 2.42%, from $442M in 1995 to $842M in 2022.

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

Liberia-Germany In 2022, Liberia exported $156M to Germany. The main products that Liberia exported to Germany were Iron Ore ($70.4M), Passenger and Cargo Ships ($70.2M), and Rubber ($11.5M). During the last 27 years the exports of Liberia to Germany have increased at an annualized rate of 23.4%, from $535k in 1995 to $156M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75),  and 3 in total exports ($1.6T). That same year, Liberia ranked 144 in total exports ($1.96B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €29.4M and imported €3.4M from Liberia, resulting in a positive trade balance of €26M. Between January 2023 and January 2024 the exports of Germany have increased by €9.07M (44.5%) from €20.4M to €29.4M, while imports decreased by €-9.15M (-72.9%) from €12.5M to €3.4M.

Trade In January 2024, the top exports of Germany to Liberia were Ships and boats (€19.1M), Machinery for mining, quarrying and construction (€378k), Other machinery (€249k), Meat and meat products (€207k), and Cereal products, excl. rice products (€89k). In January 2024 the top imports of Germany from Liberia were Iron ores (€10.8M), Crude rubber (€1M), Jewellery, goldsmith's or silversmith's wares (€740k), Round wood (€23k), and Other raw materials inclusive waste (€12k).

Origins In January 2024 the exports of Germany were mainly from Hamburg (€22.3M), Lower Saxony (€4.48M), Saxony (€1.83M), North Rhine-Westphalia (€291k), and Rhineland-Pfalz (€93k), while imports destinations were mainly Bremen (€2.39M), Lower Saxony (€487k), Thuringia (€124k), and Saarland (€104k).

Growth In January 2024, the increase in Germany's year-by-year exports to Liberia was explained primarily by an increase in product exports in Machinery for mining, quarrying and construction (€376k or 18.8k%), Other machinery (€179k or 256%), and Other food of vegetable origin (€72k or 1.8k%). In January 2024, the decrease in Germany's year-by-year imports  from Liberia was explained primarily by an decrease in product imports  in Returned goods (€-2k or -100%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€9.07M(44.5%)
IMPORT GROWTH (January 2023 - January 2024)€-9.15M(-72.9%)
MAIN EXPORTER (January 2024)Hamburg€22.3M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Liberia and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $842M to Liberia. The main products exported from Germany to Liberia were Passenger and Cargo Ships ($808M), Documents of title (bonds etc) and unused stamps ($6.13M), and Washing and Bottling Machines ($4M). During the last 27 years the exports of Germany to Liberia have increased at an annualized rate of 2.42%, from $442M in 1995 to $842M in 2022.

In 2022, Liberia exported $156M to Germany. The main products exported from Liberia to Germany were Iron Ore ($70.4M), Passenger and Cargo Ships ($70.2M), and Rubber ($11.5M). During the last 27 years the exports of Liberia to Germany have increased at an annualized rate of 23.4%, from $535k in 1995 to $156M in 2022.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Liberia
Top DestinationSwitzerland$544M

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

In 2021, countries that imported more from Germany than Liberia were United States ($153B), France ($120B), and China ($109B).

In 2019, no countries were registered that imported more from Liberia than from Germany.

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

Comparative Advantage Germany - Liberia

Flow
Scale

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

During 2022, Germany had a large net trade with Liberia in the exports of Transportation ($809M), Machines ($11.5M), and Paper Goods ($6.56M).

During 2022, Liberia had a large net trade with Germany in the exports of Mineral Products ($70.5M), Transportation ($70.2M), and Plastics and Rubbers ($11.6M).

Economic Complexity

Competitive Landscape

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

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

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