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Pricing

2022
Flag → Flag
Exports $9.63kRnk 64 / 86
2022
Flag → Flag
Top Product $5.83kIron Structures
2022
Flag → Flag
Exports $3.27kRnk 140 / 149
2022
Flag → Flag
Top Product $1.38kOther Edible Preparations
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Liberia-Trinidad and Tobago Trade: In 2022, Liberia exported $9.63k to Trinidad and Tobago. The main products that Liberia exported to Trinidad and Tobago were Iron Structures ($5.83k), Sports Equipment ($3.31k), and Wine ($488). Over the past 8 years the exports of Liberia to Trinidad and Tobago have decreased at an annualized rate of 4.15%, from $13.5k in 2014 to $9.63k in 2022.

In 2022, Liberia did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Liberia Trade: In 2022, Trinidad and Tobago exported $3.27k to Liberia. The main products that Trinidad and Tobago exported to Liberia were Other Edible Preparations ($1.38k), Edible Offal ($387), and Crustaceans ($265). Over the past 8 years the exports of Trinidad and Tobago to Liberia have decreased at an annualized rate of 85.1%,  from $44.6M in 2014 to $3.27k in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $9.63k to Trinidad and Tobago. The main products exported from Liberia to Trinidad and Tobago were Iron Structures ($5.83k), Sports Equipment ($3.31k), and Wine ($488). During the last 8 years the exports of Liberia to Trinidad and Tobago have decreased at an annualized rate of 4.15%, from $13.5k in 2014 to $9.63k in 2022.

In 2017, Trinidad and Tobago exported $3.27k to Liberia. The main products exported from Trinidad and Tobago to Liberia were Other Edible Preparations ($1.38k), Edible Offal ($387), and Crustaceans ($265). During the last 5 years the exports of Trinidad and Tobago to Liberia have decreased at an annualized rate of 85.1%, from $44.6M in 2022 to $3.27k in 2017.

Exports from Liberia (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and Trinidad and Tobago (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$544M
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Liberia than Trinidad and Tobago included Switzerland ($544M), Poland ($124M), and Lebanon ($106M).

In 2022, countries that imported more from Trinidad and Tobago than Liberia included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - Trinidad and Tobago

Flow
Scale

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

During 2022, Liberia had a large net trade with Trinidad and Tobago in the exports of Metals ($5.83k), Miscellaneous ($3.31k), and Foodstuffs ($488).

During 2017, Trinidad and Tobago had a large net trade with Liberia in the exports of Foodstuffs ($1.6k), Animal Products ($1.28k), and Vegetable Products ($376).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Trinidad and Tobago+$2.66kIron Ore
Top Product Potential Trinidad and Tobago Liberia+$2.4kRefined 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 Trinidad and Tobago. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Trinidad and Tobago. Similarly, a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and Trinidad and Tobago (Flag) (2022)

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