Trinidad and Tobago (TTO) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Trinidad and Tobago-Liberia Trade: In 2022, Trinidad and Tobago exported $3.27k to Liberia. The main products that Trinidad and Tobago exported to Liberia were N/A. Over the past 5 years the exports of Trinidad and Tobago to Liberia have decreased at an annualized rate of 85.1%, from $44.6M in 2017 to $3.27k in 2022.

In 2022, Trinidad and Tobago did not export any services to Liberia.

Liberia-Trinidad and Tobago Trade: In 2022, Liberia exported $10.1k to Trinidad and Tobago. The main products that Liberia exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Liberia to Trinidad and Tobago have decreased at an annualized rate of 56.5%, from $646k in 2017 to $10.1k in 2022.

In 2022, Liberia did not export any services to Trinidad and Tobago.

Comparison In 2023, Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index. 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 2022, Trinidad and Tobago exported $3.27k to Liberia. There were not main exports from Trinidad and Tobago to Liberia in 2022. During the last 5 years the exports of Trinidad and Tobago to Liberia have decreased at an annualized rate of 85.1%, from $44.6M in 2017 to $3.27k in 2022.

In 2017, Liberia exported $10.1k to Trinidad and Tobago. There were not main exports from Liberia to Trinidad and Tobago in 2017. During the last 5 years the exports of Liberia to Trinidad and Tobago have decreased at an annualized rate of 56.5%, from $646k in 2022 to $10.1k in 2017.

Exports from Trinidad and Tobago () to Liberia () (2022)

Exports from Liberia () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Liberia ()

Trinidad and Tobago Exports

Date

Mar 2010

Feb 2010

Jan 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$3.26B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Trinidad and Tobago than Liberia included United States ($3.26B), China ($783M), and Guyana ($625M).

In 2023, countries that imported more from Liberia than Trinidad and Tobago included Switzerland ($708M), Lebanon ($105M), and Poland ($101M).

Difference in imports from Liberia () and Trinidad and Tobago () (2023)

Comparative Advantage Trinidad and Tobago - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Trinidad and Tobago had a large net trade with Liberia in the exports of .

During 2017, Liberia had a large net trade with Trinidad and Tobago in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Trinidad and Tobago Liberia+$2.4kRefined Petroleum

Top Product Potential Liberia Trinidad and Tobago+$2.66kIron 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

Year

This visualization shows the product space at the HS4 level with the flags of Trinidad and Tobago and Liberia. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Trinidad and Tobago.

About

Historical Data

Bilateral Trade by Products

Exports from Trinidad and Tobago () to Liberia () (2022)

Exports from Liberia () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Liberia ()

Trinidad and Tobago Exports

Market Competitiveness

Difference in imports from Liberia () and Trinidad and Tobago () (2023)

Comparative Advantage Trinidad and Tobago - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Trinidad and Tobago () and Liberia () (2022)

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