Liberia (LBR) and Croatia (HRV) Trade | The Observatory of Economic Complexity

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Liberia-Croatia Trade: In 2022, Liberia exported $155k to Croatia. The main products that Liberia exported to Croatia were Air Conditioners ($154k), Electric Motors ($286), and Valves ($105). Over the past 9 years the exports of Liberia to Croatia have increased at an annualized rate of 25.3%, from $20.4k in 2013 to $155k in 2022.

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

Croatia-Liberia Trade: In 2022, Croatia exported $548k to Liberia. The main products that Croatia exported to Liberia were Malt ($376k), Broadcasting Equipment ($139k), and Central Heating Boilers ($13.1k). Over the past 9 years the exports of Croatia to Liberia have decreased at an annualized rate of 8.62%, from $860k in 2013 to $548k in 2022.

In 2022, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $155k to Croatia. The main products exported from Liberia to Croatia were Air Conditioners ($154k), Electric Motors ($286), and Valves ($105). During the last 9 years the exports of Liberia to Croatia have increased at an annualized rate of 25.3%, from $20.4k in 2013 to $155k in 2022.

In 2017, Croatia exported $548k to Liberia. The main products exported from Croatia to Liberia were Malt ($376k), Broadcasting Equipment ($139k), and Central Heating Boilers ($13.1k). During the last 5 years the exports of Croatia to Liberia have decreased at an annualized rate of 8.62%, from $860k in 2022 to $548k in 2017.

Exports from Liberia () to Croatia () (2022)

Exports from Croatia () to Liberia () (2022)

Latest Data

Trade between Liberia () and Croatia ()

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Liberia than Croatia included Switzerland ($544M), Lebanon ($106M), and Malaysia ($57.6M).

In 2022, countries that imported more from Croatia than Liberia included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

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

Comparative Advantage Liberia - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with Croatia in the exports of Machines ($155k) and Instruments ($20).

During 2017, Croatia had a large net trade with Liberia in the exports of Vegetable Products ($376k), Machines ($172k), and Metals ($120).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Croatia+$3.14kRefined Petroleum

Top Product Potential Croatia Liberia+$56kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Croatia () (2022)

Exports from Croatia () to Liberia () (2022)

Latest Data

Trade between Liberia () and Croatia ()

Croatia Exports

Market Competitiveness

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

Comparative Advantage Liberia - Croatia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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