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2022
Flag → Flag
Exports $60.5MRnk 9 / 86
2022
Flag → Flag
Top Product $56.1MGold
2022
Flag → Flag
Exports $55.2MRnk 128 / 219
2022
Flag → Flag
Top Product $8.24MIron Structures
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC $755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Liberia-United Arab Emirates Trade: In 2022, Liberia exported $60.5M to United Arab Emirates. The main products that Liberia exported to United Arab Emirates were Gold ($56.1M), Diamonds ($3.46M), and Refined Petroleum ($880k). Over the past 5 years the exports of Liberia to United Arab Emirates have decreased at an annualized rate of 13.3%, from $123M in 2017 to $60.5M in 2022.

In 2022, Liberia did not export any services to United Arab Emirates.

United Arab Emirates-Liberia Trade: In 2022, United Arab Emirates exported $55.2M to Liberia. The main products that United Arab Emirates exported to Liberia were Iron Structures ($8.24M), Refined Petroleum ($4.08M), and Cars ($2.64M). Over the past 5 years the exports of United Arab Emirates to Liberia have increased at an annualized rate of 13.8%,  from $28.9M in 2017 to $55.2M in 2022.

In 2022, United Arab Emirates did not export any services to Liberia.

Comparison: In 2022,  Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $60.5M to United Arab Emirates. The main products exported from Liberia to United Arab Emirates were Gold ($56.1M), Diamonds ($3.46M), and Refined Petroleum ($880k). During the last 5 years the exports of Liberia to United Arab Emirates have decreased at an annualized rate of 13.3%, from $123M in 2017 to $60.5M in 2022.

In 2017, United Arab Emirates exported $55.2M to Liberia. The main products exported from United Arab Emirates to Liberia were Iron Structures ($8.24M), Refined Petroleum ($4.08M), and Cars ($2.64M). During the last 5 years the exports of United Arab Emirates to Liberia have increased at an annualized rate of 13.8%, from $28.9M in 2022 to $55.2M in 2017.

Exports from Liberia (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$544M
United Arab Emirates
Top DestinationIndia$51B

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

In 2022, no countries were registered that imported more from Liberia than from United Arab Emirates.

In 2022, countries that imported more from United Arab Emirates than Liberia included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - United Arab Emirates

Flow
Scale

This chart compares trade between Liberia and United Arab Emirates by product, considering products traded by both, Liberia and United Arab Emirates.

During 2022, Liberia had a large net trade with United Arab Emirates in the exports of Precious Metals ($59.5M), Mineral Products ($889k), and Metals ($13.8k).

During 2017, United Arab Emirates had a large net trade with Liberia in the exports of Machines ($13.3M), Metals ($13M), and Transportation ($6.84M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia United Arab Emirates+$35.9MGold
Top Product Potential United Arab Emirates Liberia+$7.96MRefined 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 Liberia and United Arab Emirates. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and United Arab Emirates (Flag) (2022)

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