Ethiopia (ETH) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Ethiopia-Liberia Trade: In 2021, Ethiopia exported $5.87k to Liberia. The main products that Ethiopia exported to Liberia were N/A. Over the past 6 years the exports of Ethiopia to Liberia have decreased at an annualized rate of 27.7%, from $41k in 2015 to $5.87k in 2021.

In 2021, Ethiopia did not export any services to Liberia.

Liberia-Ethiopia Trade: In 2021, Liberia exported $72.6k to Ethiopia. The main products that Liberia exported to Ethiopia were N/A. Over the past 6 years the exports of Liberia to Ethiopia have decreased at an annualized rate of 15.2%, from $165k in 2015 to $72.6k in 2021.

In 2021, Liberia did not export any services to Ethiopia.

Comparison: In 2022, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Ethiopia exported $5.87k to Liberia. There were not main exports from Ethiopia to Liberia in 2021. During the last 6 years the exports of Ethiopia to Liberia have decreased at an annualized rate of 27.7%, from $41k in 2015 to $5.87k in 2021.

In 2016, Liberia exported $72.6k to Ethiopia. There were not main exports from Liberia to Ethiopia in 2016. During the last 5 years the exports of Liberia to Ethiopia have decreased at an annualized rate of 15.2%, from $165k in 2021 to $72.6k in 2016.

Exports from Ethiopia () to Liberia () (2021)

Exports from Liberia () to Ethiopia () (2021)

Latest Data

Trade between Ethiopia () and Liberia ()

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Ethiopia than Liberia included United Arab Emirates ($723M), United States ($557M), and Saudi Arabia ($268M).

In 2022, countries that imported more from Liberia than Ethiopia included Switzerland ($544M), Poland ($124M), and Lebanon ($106M).

Difference in imports from Liberia () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Ethiopia had a large net trade with Liberia in the exports of .

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Liberia+$1.21kNon-Knit Men's Suits

Top Product Potential Liberia Ethiopia+$3.16kRefined Petroleum

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

Year

This visualization shows the product space at the HS4 level with the flags of Ethiopia and Liberia. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Ethiopia.

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Liberia () (2021)

Exports from Liberia () to Ethiopia () (2021)

Latest Data

Trade between Ethiopia () and Liberia ()

Ethiopia Exports

Market Competitiveness

Difference in imports from Liberia () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Liberia () (2021)

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