Uruguay (URY) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Uruguay-Liberia Trade: In 2022, Uruguay exported $548k to Liberia. The main products that Uruguay exported to Liberia were Non-fillet Frozen Fish ($548k). Over the past 5 years the exports of Uruguay to Liberia have decreased at an annualized rate of 3.68%, from $661k in 2017 to $548k in 2022.

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

Liberia-Uruguay In N/A, Liberia did not export any products to Uruguay.

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

Comparison: In 2022, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uruguay exported $548k to Liberia. The main products exported from Uruguay to Liberia were Non-fillet Frozen Fish ($548k). During the last 5 years the exports of Uruguay to Liberia have decreased at an annualized rate of 3.68%, from $661k in 2017 to $548k in 2022.

Liberia does not register exports to Uruguay.

Exports from Uruguay () to Liberia () (2022)

Exports from Liberia () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Liberia ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Uruguay than Liberia included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

In 2022, countries that imported more from Liberia than Uruguay included Switzerland ($544M), Lebanon ($106M), and France ($158M).

Difference in imports from Liberia () and Uruguay () (2022)

Comparative Advantage Uruguay - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Liberia in the exports of Animal Products ($548k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uruguay Liberia+$1.99kRice

Top Product Potential Liberia Uruguay+$1.99kRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Liberia () (2022)

Exports from Liberia () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Liberia ()

Uruguay Exports

Market Competitiveness

Difference in imports from Liberia () and Uruguay () (2022)

Comparative Advantage Uruguay - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uruguay () and Liberia () (2022)

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