2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

Netherlands-Liberia Trade: In 2022, Netherlands exported $46.6M to Liberia. The main products that Netherlands exported to Liberia were Refined Petroleum ($14.2M), Onions ($4.17M), and Malt Extract ($3.4M). Over the past 5 years the exports of Netherlands to Liberia have increased at an annualized rate of 1.45%, from $43.4M in 2017 to $46.6M in 2022.

In 2022, Netherlands did not export any services to Liberia.

Liberia-Netherlands Trade: In 2022, Liberia exported $63.9M to Netherlands. The main products that Liberia exported to Netherlands were Palm Oil ($38.8M), Cocoa Beans ($18.4M), and Iron Ore ($4.52M). Over the past 5 years the exports of Liberia to Netherlands have increased at an annualized rate of 8.22%,  from $26.8M in 2017 to $63.9M in 2022.

In 2022, Liberia did not export any services to Netherlands.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $46.6M to Liberia. The main products exported from Netherlands to Liberia were Refined Petroleum ($14.2M), Onions ($4.17M), and Malt Extract ($3.4M). During the last 5 years the exports of Netherlands to Liberia have increased at an annualized rate of 1.45%, from $43.4M in 2017 to $46.6M in 2022.

In 2017, Liberia exported $63.9M to Netherlands. The main products exported from Liberia to Netherlands were Palm Oil ($38.8M), Cocoa Beans ($18.4M), and Iron Ore ($4.52M). During the last 5 years the exports of Liberia to Netherlands have increased at an annualized rate of 8.22%, from $26.8M in 2022 to $63.9M in 2017.

Exports from Netherlands (Flag) to Liberia (Flag) (2022)

Exports from Liberia (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Liberia
Top Destination
Switzerland$544M

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

In 2022, countries that imported more from Netherlands than Liberia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, no countries were registered that imported more from Liberia than from Netherlands.

Difference in imports from Liberia (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Liberia

Flow
Scale

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

During 2022, Netherlands had a large net trade with Liberia in the exports of Mineral Products ($17.3M), Animal Products ($7.04M), and Foodstuffs ($5.98M).

During 2017, Liberia had a large net trade with Netherlands in the exports of Animal and Vegetable Bi-Products ($40.8M), Foodstuffs ($18.4M), and Mineral Products ($4.52M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Liberia+$18MRefined Petroleum
Top Product Potential Liberia Netherlands+$6.38MIron Ore

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

Product Space of Netherlands (Flag) and Liberia (Flag) (2022)

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