2023
Flag  
GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC 
$5,565CURRENT US$
Rnk 118 / 195
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC
$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195

About

In N/A, Iraq did not export any services to Liberia.

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

In N/A, Liberia did not export any services to Iraq.

Comparison: In 2023,  Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B). 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
Value
Year

Iraq does not register exports to Liberia.

Liberia does not register exports to Iraq.

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

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

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Liberia
Top Destination
Switzerland$708M

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

In 2023, countries that imported more from Iraq than Liberia included China ($35.5B), India ($29.8B), and United States ($8.92B).

In 2023, countries that imported more from Liberia than Iraq included Switzerland ($708M), United Kingdom ($306M), and Poland ($101M).

Difference in imports from Liberia (Flag) and Iraq (Flag) (2023)

Comparative Advantage Iraq - Liberia

Flow
Scale
Year

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Liberia+$5.73kRefined Petroleum
Top Product Potential Liberia Iraq+$4.25kGold

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 Iraq and Liberia. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Iraq.

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

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