New Zealand (NZL) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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New Zealand-Liberia Trade: In 2023, New Zealand exported $1.7M to Liberia. The main products that New Zealand exported to Liberia were Concentrated Milk ($731k), Iron Structures ($602k), and Hot-Rolled Iron ($255k). Over the past 5 years the exports of New Zealand to Liberia have increased at an annualized rate of 2.03%, from $1.53M in 2018 to $1.7M in 2023.

In 2023, New Zealand did not export any services to Liberia.

Liberia-New Zealand Trade: In 2023, Liberia exported $26.9k to New Zealand. The main products that Liberia exported to New Zealand were Non-Knit Men's Suits ($9.81k), Non-Knit Men's Shirts ($3.91k), and Non-Knit Women's Suits ($3.04k). Over the past 5 years the exports of Liberia to New Zealand have decreased at an annualized rate of 9.93%, from $116k in 2018 to $26.9k in 2023.

In 2023, Liberia did not export any services to New Zealand.

Comparison: In 2023, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B). 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, New Zealand exported $1.7M to Liberia. The main products exported from New Zealand to Liberia were Concentrated Milk ($731k), Iron Structures ($602k), and Hot-Rolled Iron ($255k). During the last 5 years the exports of New Zealand to Liberia have increased at an annualized rate of 2.03%, from $1.53M in 2018 to $1.7M in 2023.

In 2018, Liberia exported $26.9k to New Zealand. The main products exported from Liberia to New Zealand were Non-Knit Men's Suits ($9.81k), Non-Knit Men's Shirts ($3.91k), and Non-Knit Women's Suits ($3.04k). During the last 5 years the exports of Liberia to New Zealand have decreased at an annualized rate of 9.93%, from $116k in 2023 to $26.9k in 2018.

Exports from New Zealand () to Liberia () (2023)

Exports from Liberia () to New Zealand () (2023)

Latest Data

Trade between New Zealand () and Liberia ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$12.3B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from New Zealand than Liberia included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

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

Difference in imports from Liberia () and New Zealand () (2023)

Comparative Advantage New Zealand - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, New Zealand had a large net trade with Liberia in the exports of Metals ($945k), Animal Products ($731k), and Instruments ($18.8k).

During 2018, Liberia had a large net trade with New Zealand in the exports of Textiles ($20.2k), Machines ($2.46k), and Vegetable Products ($1.84k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential New Zealand Liberia+$41.4kNon-fillet Frozen Fish

Top Product Potential Liberia New Zealand+$5.42kMotor vehicles; parts and accessories (8701 to 8705)

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

About

Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Liberia () (2023)

Exports from Liberia () to New Zealand () (2023)

Latest Data

Trade between New Zealand () and Liberia ()

New Zealand Exports

Market Competitiveness

Difference in imports from Liberia () and New Zealand () (2023)

Comparative Advantage New Zealand - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Liberia () (2023)

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