Liberia (LBR) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Liberia-Switzerland Trade: In 2022, Liberia exported $544M to Switzerland. The main products that Liberia exported to Switzerland were Gold ($544M), Rubber Apparel ($21.4k), and Hydrometers ($2.64k). Over the past 5 years the exports of Liberia to Switzerland have increased at an annualized rate of 23.4%, from $190M in 2017 to $544M in 2022.

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

Switzerland-Liberia Trade: In 2022, Switzerland exported $1.53M to Liberia. The main products that Switzerland exported to Liberia were Jewellery ($258k), Low-voltage Protection Equipment ($119k), and X-Ray Equipment ($109k). Over the past 5 years the exports of Switzerland to Liberia have decreased at an annualized rate of 33.1%, from $11.4M in 2017 to $1.53M in 2022.

In 2022, Switzerland 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $544M to Switzerland. The main products exported from Liberia to Switzerland were Gold ($544M), Rubber Apparel ($21.4k), and Hydrometers ($2.64k). During the last 5 years the exports of Liberia to Switzerland have increased at an annualized rate of 23.4%, from $190M in 2017 to $544M in 2022.

In 2017, Switzerland exported $1.53M to Liberia. The main products exported from Switzerland to Liberia were Jewellery ($258k), Low-voltage Protection Equipment ($119k), and X-Ray Equipment ($109k). During the last 5 years the exports of Switzerland to Liberia have decreased at an annualized rate of 33.1%, from $11.4M in 2022 to $1.53M in 2017.

Exports from Liberia () to Switzerland () (2022)

Exports from Switzerland () to Liberia () (2022)

Latest Data

Trade between Liberia () and Switzerland ()

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Switzerland
Top DestinationUnited States$61.7B

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

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

In 2022, countries that imported more from Switzerland than Liberia included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

Comparative Advantage Liberia - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with Switzerland in the exports of Precious Metals ($544M), Plastics and Rubbers ($21.4k), and Instruments ($3.95k).

During 2017, Switzerland had a large net trade with Liberia in the exports of Machines ($498k), Metals ($301k), and Precious Metals ($258k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Switzerland+$8.71kRubber Apparel

Top Product Potential Switzerland Liberia+$107kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Switzerland () (2022)

Exports from Switzerland () to Liberia () (2022)

Latest Data

Trade between Liberia () and Switzerland ()

Switzerland Exports

Market Competitiveness

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

Comparative Advantage Liberia - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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