Kuwait (KWT) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Kuwait-Liberia Trade: In 2022, Kuwait exported $864k to Liberia. The main products that Kuwait exported to Liberia were Trailers and semi-trailers, not mechanically propelled vehicles ($387k), Frozen Bovine Meat ($327k), and Pesticides ($89.7k). Over the past 5 years the exports of Kuwait to Liberia have increased at an annualized rate of 32.1%, from $215k in 2017 to $864k in 2022.

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

Liberia-Kuwait Trade: In 2022, Liberia exported $643 to Kuwait. The main products that Liberia exported to Kuwait were Knit Women's Shirts ($643). Over the past 5 years the exports of Liberia to Kuwait have increased at an annualized rate of 10.2%, from $396 in 2017 to $643 in 2022.

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

Comparison: In 2022, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). 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 2022, Kuwait exported $864k to Liberia. The main products exported from Kuwait to Liberia were Trailers and semi-trailers, not mechanically propelled vehicles ($387k), Frozen Bovine Meat ($327k), and Pesticides ($89.7k). During the last 5 years the exports of Kuwait to Liberia have increased at an annualized rate of 32.1%, from $215k in 2017 to $864k in 2022.

In 2017, Liberia exported $643 to Kuwait. The main products exported from Liberia to Kuwait were Knit Women's Shirts ($643). During the last 5 years the exports of Liberia to Kuwait have increased at an annualized rate of 10.2%, from $396 in 2022 to $643 in 2017.

Exports from Kuwait () to Liberia () (2022)

Exports from Liberia () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Liberia ()

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Kuwait than Liberia included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Liberia than Kuwait included Switzerland ($544M), Poland ($124M), and Germany ($156M).

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

Comparative Advantage Kuwait - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with Liberia in the exports of Transportation ($435k), Animal Products ($327k), and Chemical Products ($93.8k).

During 2017, Liberia had a large net trade with Kuwait in the exports of Textiles ($643).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Liberia+$91.5kCars

Top Product Potential Liberia Kuwait+$4.48kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Liberia () (2022)

Exports from Liberia () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Liberia ()

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Liberia () (2022)

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