Thailand (THA) and Liberia (LBR) Trade | OEC - The Observatory of Economic Complexity

About

Thailand-Liberia In 2021, Thailand exported $11.4M to Liberia. The main products that Thailand exported to Liberia are Bedspreads ($4.88M), Wood Fiberboard ($2.11M), and Other Cast Iron Products ($741k). During the last 26 years the exports of Thailand to Liberia have increased at an annualized rate of 7.85%, from $1.6M in 1995 to $11.4M in 2021.

In 2021, Thailand did not export any services to Liberia.

Liberia-Thailand In 2021, Liberia exported $120M to Thailand. The main products that Liberia exported to Thailand were Special Purpose Ships ($96.8M), Passenger and Cargo Ships ($22.5M), and Non-fillet Frozen Fish ($791k). During the last 26 years the exports of Liberia to Thailand have increased at an annualized rate of 38.4%, from $25.8k in 1995 to $120M in 2021.

In 2021, Liberia did not export any services to Thailand.

Comparison In 2021, Thailand ranked 29 in the Economic Complexity Index (ECI 0.97), and 25 in total exports ($285B). That same year, Liberia ranked 152 in total exports ($1.58B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Thailand exported $11.4M to Liberia. The main products exported from Thailand to Liberia were Bedspreads ($4.88M), Wood Fiberboard ($2.11M), and Other Cast Iron Products ($741k). During the last 26 years the exports of Thailand to Liberia have increased at an annualized rate of 7.85%, from $1.6M in 1995 to $11.4M in 2021.

In 2021, Liberia exported $120M to Thailand. The main products exported from Liberia to Thailand were Special Purpose Ships ($96.8M), Passenger and Cargo Ships ($22.5M), and Non-fillet Frozen Fish ($791k). During the last 26 years the exports of Liberia to Thailand have increased at an annualized rate of 38.4%, from $25.8k in 1995 to $120M in 2021.

Latest Data

Thailand Exports

Date

Market Competitiveness

Color

SectionYear

Thailand
Top Destination: United States, $45.3B

Liberia
Top Destination: Switzerland, $343M

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

In 2021, countries that imported more from Thailand than Liberia were United States ($45.3B), China ($37.7B), and Japan ($25.1B).

In 2021, countries that imported more from Liberia than Thailand were Cyprus ($71.6M).

Comparative Advantage Thailand - Liberia

Flow

Scale

Year

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

During 2021, Thailand had a large net trade with Liberia in the exports of Textiles ($4.92M), Wood Products ($2.11M), and Plastics and Rubbers ($1.33M).

During 2021, Liberia had a large net trade with Thailand in the exports of Transportation ($119M), Animal Products ($791k), and Metals ($19.2k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Thailand has comparative advantage over Liberia. Similarly, the more yellow a dot/product is, the more Liberia has comparative advantage over Thailand.

About

Historical Data

Bilateral Trade by Products

Latest Data

Thailand Exports

Market Competitiveness

Comparative Advantage Thailand - Liberia

Economic Complexity

Competitive Landscape

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