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2021
Flag → Flag
Exports $76kRnk 30 / 0
2021
Flag → Flag
Exports $5.64MRnk 37 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Georgia-Liberia Trade: In 2021, Georgia exported $76k to Liberia. The main products that Georgia exported to Liberia were N/A. Over the past 16 years the exports of Georgia to Liberia have increased at an annualized rate of 14.9%, from $8.25k in 2005 to $76k in 2021.

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

Liberia-Georgia In N/A, Liberia did not export any products to Georgia.

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

Comparison: In 2022,  Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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 2021, Georgia exported $76k to Liberia. There were not main exports from Georgia to Liberia in 2021. During the last 16 years the exports of Georgia to Liberia have increased at an annualized rate of 14.9%, from $8.25k in 2005 to $76k in 2021.

Liberia does not register exports to Georgia.

Exports from Georgia (Flag) to Liberia (Flag) (2021)

Exports from Liberia (Flag) to Georgia (Flag) (2021)

Latest Data

Trade between Georgia (Flag) and Liberia (Flag)

Georgia Exports

Market Competitiveness

Color
Georgia
Top DestinationChina$759M
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Georgia than Liberia included China ($759M), Azerbaijan ($668M), and Russia ($642M).

In 2022, countries that imported more from Liberia than Georgia included Switzerland ($544M), France ($158M), and Lebanon ($106M).

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

Comparative Advantage Georgia - Liberia

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Liberia+$2.36kRefined Petroleum
Top Product Potential Liberia Georgia+$2.36kRefined 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

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

Product Space of Georgia (Flag) and Liberia (Flag) (2021)

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