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Pricing

2022
Flag → Flag
Exports $20MRnk 150 / 218
2022
Flag → Flag
Top Product $4.85MIron Railway Products
2022
Flag → Flag
Exports $53.1MRnk 12 / 86
2022
Flag → Flag
Top Product $29.4MIron Ore
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Spain-Liberia Trade: In 2022, Spain exported $20M to Liberia. The main products that Spain exported to Liberia were Iron Railway Products ($4.85M), Unglazed Ceramics ($2.1M), and Pig Meat ($1.12M). Over the past 5 years the exports of Spain to Liberia have increased at an annualized rate of 3.22%, from $17.1M in 2017 to $20M in 2022.

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

Liberia-Spain Trade: In 2022, Liberia exported $53.1M to Spain. The main products that Liberia exported to Spain were Iron Ore ($29.4M), Rubber ($15.9M), and Palm Oil ($7.76M). Over the past 5 years the exports of Liberia to Spain have increased at an annualized rate of 42.4%,  from $9.07M in 2017 to $53.1M in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €929k and imported €7.72M from Liberia, resulting in a negative trade balance of €6.79M. Between September 2023 and September 2024 the exports of Spain have decreased by €-89.2k (-8.76%) from €1.02M to €929k, while imports increased by €6.77M (712%) from €950k to €7.72M.

Trade In September 2024, the top exports of Spain to Liberia were Raw Plastic Sheeting (€190k), Unglazed Ceramics (€179k), Poultry Meat (€80.9k), Quicklime (€61.4k), and Plastic Pipes (€34.9k). In September 2024 the top imports of Spain from Liberia were Rubber (€1.54M), Engine Parts (€3.32k), Other Rubber Products (€2.64k), Other Floating Structures (€1.7k), and Basketwork (€204).

Origins In September 2024 the exports of Spain were mainly from Valencia (€313k), Murcia (€147k), Girona (€81.8k), Barcelona (€55.3k), and Huesca (€54.3k), while imports destinations were mainly Barcelona (€3.88M), Asturias (€3.64M), Vizcaya (€171k), Córdoba (€19.3k), and Pontevedra (€6.96k).

Growth In September 2024, the decrease in Spain's year-by-year exports to Liberia was explained primarily by an decrease in product exports in Centrifuges (€-116k or -81.3%), Poultry Meat (€-100k or -55.3%), and Glaziers Putty (€-2.8k or -27%). In September 2024, the increase in Spain's year-by-year imports  from Liberia was explained primarily by an increase in product imports  in Rubber (€208k or 15.6%) and Engine Parts (€1.31k or 65.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)€-89.2k(-8.76%)
IMPORT GROWTH (September 2023 - September 2024)€6.77M(712%)
MAIN EXPORTER (September 2024)Valencia€313k

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

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

For full datasets download visit Bulk Download page.

Explore Liberia and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $20M to Liberia. The main products exported from Spain to Liberia were Iron Railway Products ($4.85M), Unglazed Ceramics ($2.1M), and Pig Meat ($1.12M). During the last 5 years the exports of Spain to Liberia have increased at an annualized rate of 3.22%, from $17.1M in 2017 to $20M in 2022.

In 2017, Liberia exported $53.1M to Spain. The main products exported from Liberia to Spain were Iron Ore ($29.4M), Rubber ($15.9M), and Palm Oil ($7.76M). During the last 5 years the exports of Liberia to Spain have increased at an annualized rate of 42.4%, from $9.07M in 2022 to $53.1M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Spain than Liberia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Liberia than Spain included Rwanda ($18.2M).

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

Comparative Advantage Spain - Liberia

Flow
Scale

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

During 2022, Spain had a large net trade with Liberia in the exports of Metals ($5.71M), Animal Products ($4.01M), and Mineral Products ($2.64M).

During 2017, Liberia had a large net trade with Spain in the exports of Mineral Products ($29.4M), Plastics and Rubbers ($15.9M), and Animal and Vegetable Bi-Products ($7.76M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Liberia+$428kPig Meat
Top Product Potential Liberia Spain+$4.26MPalm 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 Spain and Liberia. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Spain.

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

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