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2022
Flag → Flag
Exports $2.65BRnk 33 / 211
2022
Flag → Flag
Top Product $2.6BPassenger and Cargo Ships
2022
Flag → Flag
Exports $446kRnk 43 / 86
2022
Flag → Flag
Top Product $422kScrap Copper
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
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GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
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GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Japan-Liberia Trade: In 2022, Japan exported $2.65B to Liberia. The main products that Japan exported to Liberia were Passenger and Cargo Ships ($2.6B), Engine Parts ($13.2M), and Transmissions ($5.24M). Over the past 5 years the exports of Japan to Liberia have increased at an annualized rate of 26.7%, from $811M in 2017 to $2.65B in 2022.

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

Liberia-Japan Trade: In 2022, Liberia exported $446k to Japan. The main products that Liberia exported to Japan were Scrap Copper ($422k), Low-voltage Protection Equipment ($6.49k), and Scrap Iron ($5.43k). Over the past 5 years the exports of Liberia to Japan have decreased at an annualized rate of 1.44%,  from $479k in 2017 to $446k in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Latest Trends

N/A

About

Overview In N/A, Japan exported ¥N/A and imported ¥N/A from Liberia, resulting in a N/A trade balance of ¥N/A. Between N/A and N/A the exports of Japan have N/A by ¥N/A (N/A) from ¥N/A to ¥N/A, while imports N/A by ¥N/A (N/A) from ¥N/A to ¥N/A.

Trade In N/A, the top exports of Japan to Liberia were Passenger and Cargo Ships (¥34.4B), Engine Parts (¥125M), Transmissions (¥55.3M), Liquid Pumps (¥35.5M), and Excavation Machinery (¥15.8M). In N/A the top imports of Japan from Liberia were Commodities not elsewhere specified (¥315k).

Origins In N/A the exports of Japan were mainly from Saga (¥9.53B), Nagasaki (¥5.85B), Hiroshima (¥5.22B), Okayama (¥4.92B), and Osaka (¥690M), while imports destinations were mainly N/A.

Growth In N/A, the N/A in Japan's year-by-year exports to Liberia was explained primarily by an decrease in product exports in Engine Parts (¥-31.2M or -20%), Air Pumps (¥-10.4M or -54.5%), and Valves (¥-9.33M or -40.7%). In N/A, the N/A in Japan's year-by-year imports  from Liberia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
MAIN EXPORTER (N/A)Saga¥9.53B

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

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

For full datasets download visit Bulk Download page.

Explore Liberia and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $2.65B to Liberia. The main products exported from Japan to Liberia were Passenger and Cargo Ships ($2.6B), Engine Parts ($13.2M), and Transmissions ($5.24M). During the last 5 years the exports of Japan to Liberia have increased at an annualized rate of 26.7%, from $811M in 2017 to $2.65B in 2022.

In 2017, Liberia exported $446k to Japan. The main products exported from Liberia to Japan were Scrap Copper ($422k), Low-voltage Protection Equipment ($6.49k), and Scrap Iron ($5.43k). During the last 5 years the exports of Liberia to Japan have decreased at an annualized rate of 1.44%, from $479k in 2022 to $446k in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Japan than Liberia included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, no countries were registered that imported more from Liberia than from Japan.

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

Comparative Advantage Japan - Liberia

Flow
Scale

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

During 2022, Japan had a large net trade with Liberia in the exports of Transportation ($2.6B), Machines ($36.8M), and Mineral Products ($4.14M).

During 2017, Liberia had a large net trade with Japan in the exports of Metals ($431k), Machines ($6.49k), and Plastics and Rubbers ($2.55k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Liberia+$6.3MRefined Petroleum
Top Product Potential Liberia Japan+$507kScrap Copper

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

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

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