2023
Flag  
GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC 
$772CURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Liberia-Saudi Arabia Trade: In 2023, Liberia exported $7.11M to Saudi Arabia. The main products that Liberia exported to Saudi Arabia were Other Sea Vessels ($6.89M), Drilling Machines ($124k), and Metalworking Machine Parts ($82.6k). Over the past 5 years the exports of Liberia to Saudi Arabia have increased at an annualized rate of 149%, from $73.9k in 2018 to $7.11M in 2023.

In 2023, Liberia did not export any services to Saudi Arabia.

Saudi Arabia-Liberia Trade: In 2023, Saudi Arabia exported $13.5M to Liberia. The main products that Saudi Arabia exported to Liberia were Ethylene Polymers ($6.15M), Cement ($2.76M), and Propylene Polymers ($2.07M). Over the past 5 years the exports of Saudi Arabia to Liberia have increased at an annualized rate of 1.28%,  from $12.7M in 2018 to $13.5M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Liberia exported $7.11M to Saudi Arabia. The main products exported from Liberia to Saudi Arabia were Other Sea Vessels ($6.89M), Drilling Machines ($124k), and Metalworking Machine Parts ($82.6k). During the last 5 years the exports of Liberia to Saudi Arabia have increased at an annualized rate of 149%, from $73.9k in 2018 to $7.11M in 2023.

In 2018, Saudi Arabia exported $13.5M to Liberia. The main products exported from Saudi Arabia to Liberia were Ethylene Polymers ($6.15M), Cement ($2.76M), and Propylene Polymers ($2.07M). During the last 5 years the exports of Saudi Arabia to Liberia have increased at an annualized rate of 1.28%, from $12.7M in 2023 to $13.5M in 2018.

Exports from Liberia (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Liberia (Flag) (2023)

Latest Data

Trade between Liberia (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$708M
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Liberia than Saudi Arabia included Eswatini ($1.37M), Israel ($356k), and Antigua and Barbuda ($321k).

In 2023, countries that imported more from Saudi Arabia than Liberia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Liberia (Flag) (2023)

Comparative Advantage Liberia - Saudi Arabia

Flow
Scale

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

During 2023, Liberia had a large net trade with Saudi Arabia in the exports of Transportation ($6.89M), Machines ($218k), and Paper Goods ($2.51k).

During 2018, Saudi Arabia had a large net trade with Liberia in the exports of Plastics and Rubbers ($8.29M), Mineral Products ($2.86M), and Chemical Products ($1.11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Saudi Arabia+$6.16kGold
Top Product Potential Saudi Arabia Liberia+$6.76kRefined 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 Saudi Arabia. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and Saudi Arabia (Flag) (2023)

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