Iran (IRN) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Iran-Liberia Trade: In 2023, Iran exported $140k to Liberia. The main products that Iran exported to Liberia were Nitrogenous Fertilizers ($140k). Over the past 5 years the exports of Iran to Liberia have decreased at an annualized rate of 34.3%, from $1.14M in 2018 to $140k in 2023.

In 2023, Iran did not export any services to Liberia.

Liberia-Iran In false, Liberia did not export any products to Iran.

In 2023, Liberia did not export any services to Iran.

Comparison: In 2023, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iran exported $140k to Liberia. The main products exported from Iran to Liberia were Nitrogenous Fertilizers ($140k). During the last 5 years the exports of Iran to Liberia have decreased at an annualized rate of 34.3%, from $1.14M in 2018 to $140k in 2023.

Liberia does not register exports to Iran.

Exports from Iran () to Liberia () (2023)

Exports from Liberia () to Iran () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$4.59B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Iran than Liberia included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

In 2023, countries that imported more from Liberia than Iran included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

Difference in imports from Liberia () and Iran () (2023)

Comparative Advantage Iran - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iran had a large net trade with Liberia in the exports of Chemical Products ($140k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iran Liberia+$2.92kRefined Petroleum

Top Product Potential Liberia Iran+$3.06kPalm 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iran () to Liberia () (2023)

Exports from Liberia () to Iran () (2023)

Market Competitiveness

Difference in imports from Liberia () and Iran () (2023)

Comparative Advantage Iran - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iran () and Liberia () (2023)

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