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2023
Flag → Flag
Exports $1.96kRnk 93 / 112
2023
Flag → Flag
Top Product $1.19kLow-voltage Protection Equipment
2023
Flag → Flag
Exports $1.53MRnk 172 / 212
2023
Flag → Flag
Top Product $594kRubberworking Machinery
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC $772CURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

Liberia-Chinese Taipei Trade: In 2023, Liberia exported $1.96k to Chinese Taipei. The main products that Liberia exported to Chinese Taipei were Low-voltage Protection Equipment ($1.19k), Knit Sweaters ($385), and Transmissions ($257). Over the past 6 years the exports of Liberia to Chinese Taipei have decreased at an annualized rate of 34.5%, from $24.8k in 2017 to $1.96k in 2023.

In 2023, Liberia did not export any services to Chinese Taipei.

Chinese Taipei-Liberia Trade: In 2023, Chinese Taipei exported $1.53M to Liberia. The main products that Chinese Taipei exported to Liberia were Rubberworking Machinery ($594k), Air Pumps ($204k), and Industrial Printers ($92.4k). Over the past 6 years the exports of Chinese Taipei to Liberia have increased at an annualized rate of 2.93%,  from $1.32M in 2017 to $1.53M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Liberia exported $1.96k to Chinese Taipei. The main products exported from Liberia to Chinese Taipei were Low-voltage Protection Equipment ($1.19k), Knit Sweaters ($385), and Transmissions ($257). During the last 6 years the exports of Liberia to Chinese Taipei have decreased at an annualized rate of 34.5%, from $24.8k in 2017 to $1.96k in 2023.

In 2018, Chinese Taipei exported $1.53M to Liberia. The main products exported from Chinese Taipei to Liberia were Rubberworking Machinery ($594k), Air Pumps ($204k), and Industrial Printers ($92.4k). During the last 5 years the exports of Chinese Taipei to Liberia have increased at an annualized rate of 2.93%, from $1.32M in 2023 to $1.53M in 2018.

Exports from Liberia (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Liberia (Flag) (2023)

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$708M
Chinese Taipei
Top DestinationChina$101B

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 2023, countries that imported more from Liberia than Chinese Taipei included Lebanon ($105M), Tanzania ($38M), and Cameroon ($10.6M).

In 2023, countries that imported more from Chinese Taipei than Liberia included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Liberia (Flag) (2023)

Comparative Advantage Liberia - Chinese Taipei

Flow
Scale

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

During 2023, Liberia had a large net trade with Chinese Taipei in the exports of Machines ($1.45k) and Textiles ($513).

During 2018, Chinese Taipei had a large net trade with Liberia in the exports of Machines ($1.06M), Plastics and Rubbers ($221k), and Metals ($88.3k).

Economic Complexity

Competitive Landscape

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.

Product Space of Liberia (Flag) and Chinese Taipei (Flag) (2023)

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