Liberia (LBR) and El Salvador (SLV) Trade | The Observatory of Economic Complexity

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Liberia-El Salvador Trade: In 2022, Liberia exported $326 to El Salvador. The main products that Liberia exported to El Salvador were Centrifuges ($326). Over the past 12 years the exports of Liberia to El Salvador have decreased at an annualized rate of 8.77%, from $981 in 2010 to $326 in 2022.

In 2022, Liberia did not export any services to El Salvador.

El Salvador-Liberia Trade: In 2022, El Salvador exported $1.55k to Liberia. The main products that El Salvador exported to Liberia were N/A. Over the past 12 years the exports of El Salvador to Liberia have increased at an annualized rate of 23.5%, from $540 in 2010 to $1.55k in 2022.

In 2022, El Salvador 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, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $326 to El Salvador. The main products exported from Liberia to El Salvador were Centrifuges ($326). During the last 12 years the exports of Liberia to El Salvador have decreased at an annualized rate of 8.77%, from $981 in 2010 to $326 in 2022.

In 2016, El Salvador exported $1.55k to Liberia. There were not main exports from El Salvador to Liberia in 2016. During the last 5 years the exports of El Salvador to Liberia have increased at an annualized rate of 23.5%, from $540 in 2021 to $1.55k in 2016.

Exports from Liberia () to El Salvador () (2022)

Exports from El Salvador () to Liberia () (2022)

Latest Data

Trade between Liberia () and El Salvador ()

El Salvador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from Liberia than El Salvador included Switzerland ($544M), France ($158M), and Poland ($124M).

In 2022, countries that imported more from El Salvador than Liberia included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

Difference in imports from El Salvador () and Liberia () (2022)

Comparative Advantage Liberia - El Salvador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with El Salvador in the exports of Machines ($326).

During 2016, El Salvador had a large net trade with Liberia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia El Salvador+$2.7kRefined Petroleum

Top Product Potential El Salvador Liberia+$2.73kRefined 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 El Salvador. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Liberia.

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Historical Data

Bilateral Trade by Products

Exports from Liberia () to El Salvador () (2022)

Exports from El Salvador () to Liberia () (2022)

Latest Data

Trade between Liberia () and El Salvador ()

El Salvador Exports

Market Competitiveness

Difference in imports from El Salvador () and Liberia () (2022)

Comparative Advantage Liberia - El Salvador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and El Salvador () (2022)

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