2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 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
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Liberia-Namibia Trade: In 2022, Liberia exported $11 to Namibia. The main products that Liberia exported to Namibia were Salt ($11). Over the past 7 years the exports of Liberia to Namibia have decreased at an annualized rate of 66.7%, from $24.2k in 2015 to $11 in 2022.

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

Namibia-Liberia Trade: In 2022, Namibia exported $255k to Liberia. The main products that Namibia exported to Liberia were Refined Petroleum ($226k), Cleaning Products ($8.99k), and Other Edible Preparations ($6.83k). Over the past 7 years the exports of Namibia to Liberia have increased at an annualized rate of 43.7%,  from $41.7k in 2015 to $255k in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $11 to Namibia. The main products exported from Liberia to Namibia were Salt ($11). During the last 7 years the exports of Liberia to Namibia have decreased at an annualized rate of 66.7%, from $24.2k in 2015 to $11 in 2022.

In 2017, Namibia exported $255k to Liberia. The main products exported from Namibia to Liberia were Refined Petroleum ($226k), Cleaning Products ($8.99k), and Other Edible Preparations ($6.83k). During the last 5 years the exports of Namibia to Liberia have increased at an annualized rate of 43.7%, from $41.7k in 2022 to $255k in 2017.

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

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

Latest Data

Trade between Liberia (Flag) and Namibia (Flag)

Namibia Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Liberia than Namibia included Switzerland ($544M), Lebanon ($106M), and Poland ($124M).

In 2022, countries that imported more from Namibia than Liberia included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

Comparative Advantage Liberia - Namibia

Flow
Scale

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

During 2022, Liberia had a large net trade with Namibia in the exports of Mineral Products ($11).

During 2017, Namibia had a large net trade with Liberia in the exports of Mineral Products ($227k), Chemical Products ($13.7k), and Foodstuffs ($12.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Namibia+$2.69kRefined Petroleum
Top Product Potential Namibia Liberia+$530kRefined 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 Namibia. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Liberia.

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

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