2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 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
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

In N/A, Liberia did not export any services to Iran.

Iran-Liberia Trade: In N/A, Iran exported $11.1k to Liberia. The main products that Iran exported to Liberia were N/A. Over the past N/A years the exports of Iran to Liberia have decreased at an annualized rate of 64.8%,  from $2.06M in N/A to $11.1k in N/A.

In N/A, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

Liberia does not register exports to Iran.

In 2016, Iran exported $11.1k to Liberia. There were not main exports from Iran to Liberia in 2016. During the last 5 years the exports of Iran to Liberia have decreased at an annualized rate of 64.8%, from $2.06M in 2021 to $11.1k in 2016.

Exports from Liberia (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Liberia (Flag) (2021)

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from Liberia than Iran included Switzerland ($544M), France ($158M), and United Kingdom ($148M).

In 2022, countries that imported more from Iran than Liberia included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Liberia - Iran

Flow
Scale

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

During 2016, Iran had a large net trade with Liberia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Iran+$3.06kPalm Oil
Top Product Potential Iran Liberia+$2.92kRefined Petroleum

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

Product Space of Liberia (Flag) and Iran (Flag) (2021)

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