2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Liberia-Ireland Trade: In 2022, Liberia exported $27.1k to Ireland. The main products that Liberia exported to Ireland were Rubber Apparel ($9.15k), Computers ($7.77k), and Office Machine Parts ($7.77k). Over the past 5 years the exports of Liberia to Ireland have increased at an annualized rate of 20.7%, from $10.6k in 2017 to $27.1k in 2022.

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

Ireland-Liberia Trade: In 2022, Ireland exported $6.06M to Liberia. The main products that Ireland exported to Liberia were Malt Extract ($2.21M), Scented Mixtures ($1.56M), and Edible Offal ($876k). Over the past 5 years the exports of Ireland to Liberia have increased at an annualized rate of 8.16%,  from $4.09M in 2017 to $6.06M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $27.1k to Ireland. The main products exported from Liberia to Ireland were Rubber Apparel ($9.15k), Computers ($7.77k), and Office Machine Parts ($7.77k). During the last 5 years the exports of Liberia to Ireland have increased at an annualized rate of 20.7%, from $10.6k in 2017 to $27.1k in 2022.

In 2017, Ireland exported $6.06M to Liberia. The main products exported from Ireland to Liberia were Malt Extract ($2.21M), Scented Mixtures ($1.56M), and Edible Offal ($876k). During the last 5 years the exports of Ireland to Liberia have increased at an annualized rate of 8.16%, from $4.09M in 2022 to $6.06M in 2017.

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

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

Latest Data

Trade between Liberia (Flag) and Ireland (Flag)

Ireland Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Ireland
Top Destination
United States$70.7B

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

In 2022, countries that imported more from Liberia than Ireland included Lebanon ($106M) and Rwanda ($18.2M).

In 2022, countries that imported more from Ireland than Liberia included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Liberia - Ireland

Flow
Scale

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

During 2022, Liberia had a large net trade with Ireland in the exports of Machines ($15.7k), Plastics and Rubbers ($9.15k), and Chemical Products ($832).

During 2017, Ireland had a large net trade with Liberia in the exports of Chemical Products ($2.44M), Foodstuffs ($2.43M), and Animal Products ($1.09M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Ireland+$28.7kComputers
Top Product Potential Ireland Liberia+$273kScented Mixtures

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

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

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