2023
Flag  
GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC 
$772CURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195

About

Liberia-Lebanon Trade: In 2023, Liberia exported $105M to Lebanon. The main products that Liberia exported to Lebanon were Gold ($105M), Passenger and Cargo Ships ($60k), and Cars ($36.2k). Over the past 5 years the exports of Liberia to Lebanon have increased at an annualized rate of 11%, from $62.3M in 2018 to $105M in 2023.

In 2023, Liberia did not export any services to Lebanon.

Lebanon-Liberia Trade: In 2023, Lebanon exported $30.3M to Liberia. The main products that Lebanon exported to Liberia were Insulated Wire ($4.78M), Electric Generating Sets ($3.25M), and Computers ($2.47M). Over the past 5 years the exports of Lebanon to Liberia have increased at an annualized rate of 13.6%,  from $16M in 2018 to $30.3M in 2023.

In 2023, Lebanon did not export any services to Liberia.

Comparison: In 2023,  Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B). That same year, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Liberia exported $105M to Lebanon. The main products exported from Liberia to Lebanon were Gold ($105M), Passenger and Cargo Ships ($60k), and Cars ($36.2k). During the last 5 years the exports of Liberia to Lebanon have increased at an annualized rate of 11%, from $62.3M in 2018 to $105M in 2023.

In 2018, Lebanon exported $30.3M to Liberia. The main products exported from Lebanon to Liberia were Insulated Wire ($4.78M), Electric Generating Sets ($3.25M), and Computers ($2.47M). During the last 5 years the exports of Lebanon to Liberia have increased at an annualized rate of 13.6%, from $16M in 2023 to $30.3M in 2018.

Exports from Liberia (Flag) to Lebanon (Flag) (2023)

Exports from Lebanon (Flag) to Liberia (Flag) (2023)

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$708M
Lebanon
Top Destination
United Arab Emirates$1.3B

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

In 2023, countries that imported more from Liberia than Lebanon included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

In 2023, countries that imported more from Lebanon than Liberia included United Arab Emirates ($1.3B), Egypt ($340M), and Iraq ($236M).

Difference in imports from Lebanon (Flag) and Liberia (Flag) (2023)

Comparative Advantage Liberia - Lebanon

Flow
Scale

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

During 2023, Liberia had a large net trade with Lebanon in the exports of Precious Metals ($105M) and Transportation ($99.7k).

During 2018, Lebanon had a large net trade with Liberia in the exports of Machines ($14.1M), Metals ($3.29M), and Chemical Products ($2.07M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Liberia and Lebanon. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Lebanon. Similarly, a dot/product with the flag of Lebanon indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and Lebanon (Flag) (2023)

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