Liberia (LBR) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Saudi Arabia () (2023)

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

Latest Data

Trade between Liberia () and Saudi Arabia ()

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Saudi Arabia
Top DestinationChina$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 () and Liberia () (2023)

Comparative Advantage Liberia - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Liberia () and Saudi Arabia ()

Saudi Arabia Exports

Market Competitiveness

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

Comparative Advantage Liberia - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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