Liberia (LBR) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Liberia-Bangladesh Trade: In 2015, Liberia exported $45.7M to Bangladesh. The main products that Liberia exported to Bangladesh were N/A. Over the past 6 years the exports of Liberia to Bangladesh have increased at an annualized rate of 203%, from $58.9k in 2009 to $45.7M in 2015.

In 2015, Liberia did not export any services to Bangladesh.

Bangladesh-Liberia Trade: In 2015, Bangladesh exported $1.22M to Liberia. The main products that Bangladesh exported to Liberia were N/A. Over the past 6 years the exports of Bangladesh to Liberia have decreased at an annualized rate of 6.99%, from $1.88M in 2009 to $1.22M in 2015.

In 2015, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2015, Liberia exported $45.7M to Bangladesh. There were not main exports from Liberia to Bangladesh in 2015. During the last 6 years the exports of Liberia to Bangladesh have increased at an annualized rate of 203%, from $58.9k in 2009 to $45.7M in 2015.

In 2010, Bangladesh exported $1.22M to Liberia. There were not main exports from Bangladesh to Liberia in 2010. During the last 5 years the exports of Bangladesh to Liberia have decreased at an annualized rate of 6.99%, from $1.88M in 2015 to $1.22M in 2010.

Exports from Liberia () to Bangladesh () (2015)

Exports from Bangladesh () to Liberia () (2015)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Liberia than Bangladesh included Lebanon ($106M), Tanzania ($41.5M), and Cyprus ($53.7M).

In 2022, countries that imported more from Bangladesh than Liberia included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Liberia - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, Liberia had a large net trade with Bangladesh in the exports of .

During 2010, Bangladesh had a large net trade with Liberia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Bangladesh+$4.54kRefined Petroleum

Top Product Potential Bangladesh Liberia+$2.18kNon-Knit Men's Suits

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

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Historical Data

Bilateral Trade by Products

Exports from Liberia () to Bangladesh () (2015)

Exports from Bangladesh () to Liberia () (2015)

Market Competitiveness

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

Comparative Advantage Liberia - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Bangladesh () (2015)

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