2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Liberia-Chile Trade: In 2022, Liberia exported $1.73k to Chile. The main products that Liberia exported to Chile were Marble, Travertine and Alabaster ($1.66k) and Blank Audio Media ($75). Over the past 7 years the exports of Liberia to Chile have decreased at an annualized rate of 30.4%, from $22k in 2015 to $1.73k in 2022.

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

Chile-Liberia Trade: In 2022, Chile exported $1.89M to Liberia. The main products that Chile exported to Liberia were Wine ($1.19M), Non-fillet Frozen Fish ($449k), and Rough Wood ($237k). Over the past 7 years the exports of Chile to Liberia have increased at an annualized rate of 13.7%,  from $676k in 2015 to $1.89M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $1.73k to Chile. The main products exported from Liberia to Chile were Marble, Travertine and Alabaster ($1.66k) and Blank Audio Media ($75). During the last 7 years the exports of Liberia to Chile have decreased at an annualized rate of 30.4%, from $22k in 2015 to $1.73k in 2022.

In 2017, Chile exported $1.89M to Liberia. The main products exported from Chile to Liberia were Wine ($1.19M), Non-fillet Frozen Fish ($449k), and Rough Wood ($237k). During the last 5 years the exports of Chile to Liberia have increased at an annualized rate of 13.7%, from $676k in 2022 to $1.89M in 2017.

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

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

Latest Data

Trade between Liberia (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Chile
Top Destination
China$38.5B

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

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

In 2022, countries that imported more from Chile than Liberia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Liberia - Chile

Flow
Scale

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

During 2022, Liberia had a large net trade with Chile in the exports of Mineral Products ($1.66k) and Machines ($75).

During 2017, Chile had a large net trade with Liberia in the exports of Foodstuffs ($1.19M), Animal Products ($463k), and Wood Products ($237k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Chile+$4.7kRefined Petroleum
Top Product Potential Chile Liberia+$204kNon-fillet Frozen Fish

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Liberia and Chile. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Liberia.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with