2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Liberia-Netherlands Trade: In 2022, Liberia exported $63.9M to Netherlands. The main products that Liberia exported to Netherlands were Palm Oil ($38.8M), Cocoa Beans ($18.4M), and Iron Ore ($4.52M). Over the past 5 years the exports of Liberia to Netherlands have increased at an annualized rate of 19%, from $26.8M in 2017 to $63.9M in 2022.

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

Netherlands-Liberia Trade: In 2022, Netherlands exported $46.6M to Liberia. The main products that Netherlands exported to Liberia were Refined Petroleum ($14.2M), Onions ($4.17M), and Malt Extract ($3.4M). Over the past 5 years the exports of Netherlands to Liberia have increased at an annualized rate of 1.45%,  from $43.4M in 2017 to $46.6M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $63.9M to Netherlands. The main products exported from Liberia to Netherlands were Palm Oil ($38.8M), Cocoa Beans ($18.4M), and Iron Ore ($4.52M). During the last 5 years the exports of Liberia to Netherlands have increased at an annualized rate of 19%, from $26.8M in 2017 to $63.9M in 2022.

In 2017, Netherlands exported $46.6M to Liberia. The main products exported from Netherlands to Liberia were Refined Petroleum ($14.2M), Onions ($4.17M), and Malt Extract ($3.4M). During the last 5 years the exports of Netherlands to Liberia have increased at an annualized rate of 1.45%, from $43.4M in 2022 to $46.6M in 2017.

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

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

Latest Data

Trade between Liberia (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Netherlands
Top Destination
Germany$131B

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

In 2022, no countries were registered that imported more from Liberia than from Netherlands.

In 2022, countries that imported more from Netherlands than Liberia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Liberia - Netherlands

Flow
Scale

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

During 2022, Liberia had a large net trade with Netherlands in the exports of Animal and Vegetable Bi-Products ($40.8M), Foodstuffs ($18.4M), and Mineral Products ($4.52M).

During 2017, Netherlands had a large net trade with Liberia in the exports of Mineral Products ($17.3M), Animal Products ($7.04M), and Foodstuffs ($5.98M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Netherlands+$6.38MIron Ore
Top Product Potential Netherlands Liberia+$18MRefined 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 Netherlands. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Liberia.

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

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