Flag Liberia / Japan Flag

2019
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Exports
: $136M, Rnk 4 / 78

2019
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Top Product
: $135M, Special Purpose Ships

2019
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Exports
: $2.03B, Rnk 36 / 213

2019
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Top Product
: $1.99B, Passenger and Cargo Ships

2019
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Economic Complexity (ECI)
: ECI -1.29, Rnk 134 / 146

2019
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Economic Complexity (ECI)
: ECI 2.2, Rnk 1 / 146

2019
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GDP
: $3.07B, CURRENT US$
Rnk 160 / 187

2009-2019
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GDP GROWTH
: 73.7%, CURRENT US$
Rnk 54 / 187

2019
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 GDP
: $5.08T, CURRENT US$
Rnk 3 / 187

2009-2019
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GDP GROWTH
: -2.86%, CURRENT US$
Rnk 175 / 187

2019
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GDP PC 
: $622, CURRENT US$
Rnk 177 / 187

2009-2019
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GDP PC GROWTH
: 32.1%, CURRENT US$
Rnk 88 / 187

2019
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GDP PC
: $40,247, CURRENT US$
Rnk 27 / 187

2009-2019
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GDP PC GROWTH
: -1.49%, CURRENT US$
Rnk 165 / 187

Liberia-Japan: In 2019, Liberia exported $136M to Japan. The main products that Liberia exported to Japan are Special Purpose Ships ($135M), Scrap Copper ($753k), and Integrated Circuits ($2.23k). During the last 24 years the exports of Liberia to Japan have increased at an annualized rate of 37%, from $71.3k in 1995 to $136M in 2019.

In 2019, Liberia did not exported services to Japan.

Japan-Liberia: In 2019, Japan exported $2.03B to Liberia . The main products that Japan exported to Liberia were Passenger and Cargo Ships ($1.99B), Engine Parts ($10M), and Transmissions ($3.79M). During the last 24 years the exports of Japan to Liberia have increased at an annualized rate of 0.48%, from $1.81B in 1995 to $2.03B in 2019.

In 2019, Japan did not exported services to Liberia.

Comparison: In 2019,  Liberia ranked 134 in the Economic Complexity Index (ECI -1.29), and 141 in total exports ($1.83B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.2), and 4 in total exports ($696B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2019, Liberia exported $136M to Japan. The main products exported from Liberia to Japan were Special Purpose Ships ($135M), Scrap Copper ($753k), and Integrated Circuits ($2.23k). During the last 24 years the exports of Liberia to Japan have increased at an annualized rate of 37%, from $71.3k in 1995 to $136M in 2019.

In 2019, Japan exported $2.03B to Liberia. The main products exported from Japan to Liberia were Passenger and Cargo Ships ($1.99B), Engine Parts ($10M), and Transmissions ($3.79M). During the last 24 years the exports of Japan to Liberia have increased at an annualized rate of 0.48%, from $1.81B in 1995 to $2.03B in 2019.

Market Competitiveness

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Measure

Liberia
Top Destination
: Guyana, $586M

Japan
Top Destination
: United States, $134B

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

In 2019, countries that imported more from Liberia than Japan were Guyana ($586M) and Croatia ($77.4M).

In 2019, countries that imported more from Japan than Liberia were United States ($134B), China ($128B), and South Korea ($44.9B).

Comparative Advantage Liberia - Japan

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Depth

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

During 2019, Liberia had a large net trade with Japan in the exports of Transportation ($135M), Metals ($753k), and Machines ($2.23k).

During 2019, Japan had a large net trade with Liberia in the exports of Transportation ($1.99B), Machines ($28.3M), and Plastics and Rubbers ($2.98M).

Tariff Section

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This section shows import tariffs for products traded between Liberia and Japan (using the HS6 product classification and the last year reported).

In 2018, the products from Liberia that paid the highest import tariffs to enter Japan were Parts and accessories of revolvers or pistols (50%) and Firearms: parts and accessories, of shotguns or rifles of heading 9303 (50%).

In 2018, the products from Japan that paid the highest import tariffs to enter Liberia were Glucose, glucose syrup < 20% fructose (50%) and Glucose including syrup of 20%-50% dry weight fructos (50%).

*The tariffs present between Liberia and Japan are:
136: Most Favoured Nation duty rate treatement

Economic Complexity

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Competitive Landscape

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