Flag Thailand / Liberia Flag

2021
FlagFlag
Exports
: $11.4M, Rnk 154 / 217

2021
FlagFlag
Top Product
: $4.88M, Bedspreads

2021
FlagFlag
Exports
: $120M, Rnk 5 / 91

2021
FlagFlag
Top Product
: $96.8M, Special Purpose Ships

2021
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Economic Complexity (ECI)
: ECI 0.97, Rnk 29 / 131

2021
Flag  
GDP
: $506B, CURRENT US$
Rnk 24 / 182

2011-2021
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GDP GROWTH
: 36.4%, CURRENT US$
Rnk 76 / 182

2021
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 GDP
: $3.49B, CURRENT US$
Rnk 154 / 182

2011-2021
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GDP GROWTH
: 45.4%, CURRENT US$
Rnk 59 / 182

2021
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GDP PC 
: $7,233, CURRENT US$
Rnk 84 / 182

2011-2021
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GDP PC GROWTH
: 31.7%, CURRENT US$
Rnk 57 / 182

2021
Flag
GDP PC
: $673, CURRENT US$
Rnk 173 / 182

2011-2021
Flag
GDP PC GROWTH
: 12.8%, CURRENT US$
Rnk 97 / 182

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

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Bilateral Trade by Products

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Depth
Value

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.

Thailand Exports

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Market Competitiveness

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Color

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

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Flow
Scale

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

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Competitive Landscape

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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.