Sri Lanka (LKA) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Sri Lanka-Liberia Trade: In 2023, Sri Lanka exported $2.01M to Liberia. The main products that Sri Lanka exported to Liberia were Baked Goods ($1.1M), Tea ($510k), and Trailers and semi-trailers, not mechanically propelled vehicles ($139k). Over the past 5 years the exports of Sri Lanka to Liberia have increased at an annualized rate of 39.4%, from $382k in 2018 to $2.01M in 2023.

In 2023, Sri Lanka did not export any services to Liberia.

Liberia-Sri Lanka In N/A, Liberia did not export any products to Sri Lanka.

In 2023, Liberia did not export any services to Sri Lanka.

Comparison: In 2023, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sri Lanka exported $2.01M to Liberia. The main products exported from Sri Lanka to Liberia were Baked Goods ($1.1M), Tea ($510k), and Trailers and semi-trailers, not mechanically propelled vehicles ($139k). During the last 5 years the exports of Sri Lanka to Liberia have increased at an annualized rate of 39.4%, from $382k in 2018 to $2.01M in 2023.

Liberia does not register exports to Sri Lanka. The main products exported from Liberia to Sri Lanka were Integrated Circuits ($2).

Exports from Sri Lanka () to Liberia () (2023)

Exports from Liberia () to Sri Lanka () (2023)

Latest Data

Trade between Sri Lanka () and Liberia ()

Sri Lanka Exports

Date

Feb 2012

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$2.98B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Sri Lanka than Liberia included United States ($2.98B), India ($991M), and Germany ($906M).

In 2023, countries that imported more from Liberia than Sri Lanka included Switzerland ($708M), Lebanon ($105M), and Tanzania ($38M).

Difference in imports from Liberia () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Sri Lanka and Liberia by product, considering products traded by both, Sri Lanka and Liberia.

During 2023, Sri Lanka had a large net trade with Liberia in the exports of Foodstuffs ($1.1M), Vegetable Products ($510k), and Transportation ($148k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sri Lanka Liberia+$2.09kPassenger and Cargo Ships

Top Product Potential Liberia Sri Lanka+$3.3kRefined 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 Sri Lanka and Liberia. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Sri Lanka.

About

Historical Data

Bilateral Trade by Products

Exports from Sri Lanka () to Liberia () (2023)

Exports from Liberia () to Sri Lanka () (2023)

Latest Data

Trade between Sri Lanka () and Liberia ()

Sri Lanka Exports

Market Competitiveness

Difference in imports from Liberia () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and Liberia () (2023)

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