2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 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
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Liberia-Peru Trade: In 2021, Liberia exported $154 to Peru. The main products that Liberia exported to Peru were N/A. Over the past 11 years the exports of Liberia to Peru have decreased at an annualized rate of 29.3%, from $6.95k in 2010 to $154 in 2021.

In 2021, Liberia did not export any services to Peru.

Peru-Liberia Trade: In 2021, Peru exported $1.57M to Liberia. The main products that Peru exported to Liberia were Malt Extract ($1.31M), Interchangeable Tool Parts ($131k), and Flavored Water ($119k). Over the past 11 years the exports of Peru to Liberia have decreased at an annualized rate of 0.21%,  from $1.59M in 2010 to $1.57M in 2021.

In 2021, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Liberia exported $154 to Peru. There were not main exports from Liberia to Peru in 2021. During the last 11 years the exports of Liberia to Peru have decreased at an annualized rate of 29.3%, from $6.95k in 2010 to $154 in 2021.

In 2017, Peru exported $1.57M to Liberia. The main products exported from Peru to Liberia were Malt Extract ($1.31M), Interchangeable Tool Parts ($131k), and Flavored Water ($119k). During the last 5 years the exports of Peru to Liberia have decreased at an annualized rate of 0.21%, from $1.59M in 2022 to $1.57M in 2017.

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

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

Latest Data

Trade between Liberia (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Liberia than Peru included Lebanon ($106M), Cyprus ($53.7M), and Tanzania ($41.5M).

In 2022, countries that imported more from Peru than Liberia included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Liberia - Peru

Flow
Scale

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

During 2021, Liberia had a large net trade with Peru in the exports of .

During 2017, Peru had a large net trade with Liberia in the exports of Foodstuffs ($1.43M), Metals ($131k), and Transportation ($10k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Peru+$3.93kRefined Petroleum
Top Product Potential Peru Liberia+$10.1kCars

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

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

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