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2022
Flag → Flag
Exports $148MRnk 4 / 86
2022
Flag → Flag
Top Product $109MSpecial Purpose Ships
2022
Flag → Flag
Exports $27.4MRnk 151 / 224
2022
Flag → Flag
Top Product $12.3MIron Railway Products
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Liberia-United Kingdom Trade: In 2022, Liberia exported $148M to United Kingdom. The main products that Liberia exported to United Kingdom were Special Purpose Ships ($109M), Iron Ore ($38.6M), and Electric Batteries ($71.8k). Over the past 5 years the exports of Liberia to United Kingdom have increased at an annualized rate of 169%, from $1.06M in 2017 to $148M in 2022.

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

United Kingdom-Liberia Trade: In 2022, United Kingdom exported $27.4M to Liberia. The main products that United Kingdom exported to Liberia were Iron Railway Products ($12.3M), Poultry Meat ($2.65M), and Raw Lead ($1.58M). Over the past 5 years the exports of United Kingdom to Liberia have increased at an annualized rate of 7.86%,  from $18.8M in 2017 to $27.4M in 2022.

In 2022, United Kingdom 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 Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $148M to United Kingdom. The main products exported from Liberia to United Kingdom were Special Purpose Ships ($109M), Iron Ore ($38.6M), and Electric Batteries ($71.8k). During the last 5 years the exports of Liberia to United Kingdom have increased at an annualized rate of 169%, from $1.06M in 2017 to $148M in 2022.

In 2017, United Kingdom exported $27.4M to Liberia. The main products exported from United Kingdom to Liberia were Iron Railway Products ($12.3M), Poultry Meat ($2.65M), and Raw Lead ($1.58M). During the last 5 years the exports of United Kingdom to Liberia have increased at an annualized rate of 7.86%, from $18.8M in 2022 to $27.4M in 2017.

Exports from Liberia (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Liberia
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from United Kingdom (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - United Kingdom

Flow
Scale

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

During 2022, Liberia had a large net trade with United Kingdom in the exports of Transportation ($109M), Mineral Products ($38.6M), and Machines ($163k).

During 2017, United Kingdom had a large net trade with Liberia in the exports of Metals ($14.3M), Machines ($3.94M), and Animal Products ($3.27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia United Kingdom+$5.56MIron Ore
Top Product Potential United Kingdom Liberia+$542kTelephones

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

Product Space of Liberia (Flag) and United Kingdom (Flag) (2022)

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