2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Liberia-Germany In 2022, Liberia exported $156M to Germany. The main products that Liberia exported to Germany are Iron Ore ($70.4M), Passenger and Cargo Ships ($70.2M), and Rubber ($11.5M). During the last 27 years the exports of Liberia to Germany have increased at an annualized rate of 23.4%, from $535k in 1995 to $156M in 2022.

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

Germany-Liberia In 2022, Germany exported $842M to Liberia. The main products that Germany exported to Liberia were Passenger and Cargo Ships ($808M), Documents of title (bonds etc) and unused stamps ($6.13M), and Washing and Bottling Machines ($4M). During the last 27 years the exports of Germany to Liberia have increased at an annualized rate of 2.42%, from $442M in 1995 to $842M in 2022.

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

Comparison In 2022,  Liberia ranked 144 in total exports ($1.96B), and does not have data regarding Economic Complexity Index. That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $156M to Germany. The main products exported from Liberia to Germany were Iron Ore ($70.4M), Passenger and Cargo Ships ($70.2M), and Rubber ($11.5M). During the last 27 years the exports of Liberia to Germany have increased at an annualized rate of 23.4%, from $535k in 1995 to $156M in 2022.

In 2022, Germany exported $842M to Liberia. The main products exported from Germany to Liberia were Passenger and Cargo Ships ($808M), Documents of title (bonds etc) and unused stamps ($6.13M), and Washing and Bottling Machines ($4M). During the last 27 years the exports of Germany to Liberia have increased at an annualized rate of 2.42%, from $442M in 1995 to $842M in 2022.

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

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

Latest Data

Trade between Liberia (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Germany
Top Destination
United States$153B

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

In 2019, no countries were registered that imported more from Liberia than from Germany.

In 2021, countries that imported more from Germany than Liberia were United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Liberia - Germany

Flow
Scale

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

During 2022, Liberia had a large net trade with Germany in the exports of Mineral Products ($70.5M), Transportation ($70.2M), and Plastics and Rubbers ($11.6M).

During 2022, Germany had a large net trade with Liberia in the exports of Transportation ($809M), Machines ($11.5M), and Paper Goods ($6.56M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Liberia has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Liberia.

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

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