Liberia (LBR) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Liberia-Chinese Taipei Trade: In 2021, Liberia exported $33.8k to Chinese Taipei. The main products that Liberia exported to Chinese Taipei were N/A. Over the past 6 years the exports of Liberia to Chinese Taipei have increased at an annualized rate of 106%, from $436 in 2015 to $33.8k in 2021.

In 2021, Liberia did not export any services to Chinese Taipei.

Chinese Taipei-Liberia Trade: In 2021, Chinese Taipei exported $2.03M to Liberia. The main products that Chinese Taipei exported to Liberia were Rubberworking Machinery ($1.04M), Air Pumps ($371k), and Vinyl Chloride Polymers ($255k). Over the past 6 years the exports of Chinese Taipei to Liberia have increased at an annualized rate of 8.7%, from $1.34M in 2015 to $2.03M in 2021.

In 2021, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Liberia exported $33.8k to Chinese Taipei. There were not main exports from Liberia to Chinese Taipei in 2021. During the last 6 years the exports of Liberia to Chinese Taipei have increased at an annualized rate of 106%, from $436 in 2015 to $33.8k in 2021.

In 2017, Chinese Taipei exported $2.03M to Liberia. The main products exported from Chinese Taipei to Liberia were Rubberworking Machinery ($1.04M), Air Pumps ($371k), and Vinyl Chloride Polymers ($255k). During the last 5 years the exports of Chinese Taipei to Liberia have increased at an annualized rate of 8.7%, from $1.34M in 2022 to $2.03M in 2017.

Exports from Liberia () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Liberia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Liberia than Chinese Taipei included Lebanon ($106M), Rwanda ($18.2M), and Cyprus ($53.7M).

In 2022, countries that imported more from Chinese Taipei than Liberia included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Liberia () (2022)

Comparative Advantage Liberia - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Liberia and Chinese Taipei by product, considering products traded by both, Liberia and Chinese Taipei.

During 2021, Liberia had a large net trade with Chinese Taipei in the exports of .

During 2017, Chinese Taipei had a large net trade with Liberia in the exports of Machines ($1.53M), Plastics and Rubbers ($358k), and Chemical Products ($70.6k).

Potential Exports

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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 Chinese Taipei. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Liberia.

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Historical Data

Bilateral Trade by Products

Exports from Liberia () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Liberia () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Liberia () (2022)

Comparative Advantage Liberia - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Chinese Taipei () (2022)

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