Liberia (LBR) and Peru (PER) Trade | The Observatory of Economic Complexity

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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 33.9%, from $14.7k in 2010 to $154 in 2021.

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

Peru-Liberia Trade: In 2021, Peru exported $2.5M to Liberia. The main products that Peru exported to Liberia were Malt Extract ($1.96M), Non-fillet Frozen Fish ($345k), and Flavored Water ($142k). Over the past 11 years the exports of Peru to Liberia have decreased at an annualized rate of 1.77%, from $3.9M in 2010 to $2.5M in 2021.

In 2021, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 33.9%, from $14.7k in 2010 to $154 in 2021.

In 2018, Peru exported $2.5M to Liberia. The main products exported from Peru to Liberia were Malt Extract ($1.96M), Non-fillet Frozen Fish ($345k), and Flavored Water ($142k). During the last 5 years the exports of Peru to Liberia have decreased at an annualized rate of 1.77%, from $3.9M in 2023 to $2.5M in 2018.

Exports from Liberia () to Peru () (2023)

Exports from Peru () to Liberia () (2023)

Latest Data

Trade between Liberia () and Peru ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Peru
Top DestinationChina$22.5B

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 2023, countries that imported more from Liberia than Peru included Lebanon ($105M), Tanzania ($38M), and Cyprus ($18.6M).

In 2023, countries that imported more from Peru than Liberia included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

Difference in imports from Peru () and Liberia () (2023)

Comparative Advantage Liberia - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2018, Peru had a large net trade with Liberia in the exports of Foodstuffs ($2.1M), Animal Products ($345k), and Machines ($39.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Peru () (2023)

Exports from Peru () to Liberia () (2023)

Latest Data

Trade between Liberia () and Peru ()

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Liberia () (2023)

Comparative Advantage Liberia - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Peru () (2023)

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