Angola (AGO) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Angola-Liberia Trade: In 2023, Angola exported $3.65M to Liberia. The main products that Angola exported to Liberia were Refined Petroleum ($3.35M), Spark-Ignition Engines ($69.1k), and Iron Nails ($62.8k). Over the past 5 years the exports of Angola to Liberia have increased at an annualized rate of 179%, from $21.7k in 2018 to $3.65M in 2023.

In 2023, Angola did not export any services to Liberia.

Liberia-Angola Trade: In 2023, Liberia exported $194k to Angola. The main products that Liberia exported to Angola were Electric Motors ($75.9k), Video Displays ($39.9k), and Trailers and semi-trailers, not mechanically propelled vehicles ($29.5k). Over the past 5 years the exports of Liberia to Angola have decreased at an annualized rate of 55.8%, from $11.4M in 2018 to $194k in 2023.

In 2023, Liberia did not export any services to Angola.

Comparison: In 2023, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B). 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, Angola exported $3.65M to Liberia. The main products exported from Angola to Liberia were Refined Petroleum ($3.35M), Spark-Ignition Engines ($69.1k), and Iron Nails ($62.8k). During the last 5 years the exports of Angola to Liberia have increased at an annualized rate of 179%, from $21.7k in 2018 to $3.65M in 2023.

In 2018, Liberia exported $194k to Angola. The main products exported from Liberia to Angola were Electric Motors ($75.9k), Video Displays ($39.9k), and Trailers and semi-trailers, not mechanically propelled vehicles ($29.5k). During the last 5 years the exports of Liberia to Angola have decreased at an annualized rate of 55.8%, from $11.4M in 2023 to $194k in 2018.

Exports from Angola () to Liberia () (2023)

Exports from Liberia () to Angola () (2023)

Latest Data

Trade between Angola () and Liberia ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$17.1B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Angola than Liberia included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

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

Difference in imports from Liberia () and Angola () (2023)

Comparative Advantage Angola - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Angola had a large net trade with Liberia in the exports of Mineral Products ($3.35M), Metals ($129k), and Machines ($128k).

During 2018, Liberia had a large net trade with Angola in the exports of Machines ($155k), Transportation ($29.5k), and Animal Products ($5.09k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Liberia+$3.85kRefined Petroleum

Top Product Potential Liberia Angola+$3.14kRefined 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 Angola and Liberia. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Angola.

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to Liberia () (2023)

Exports from Liberia () to Angola () (2023)

Latest Data

Trade between Angola () and Liberia ()

Angola Exports

Market Competitiveness

Difference in imports from Liberia () and Angola () (2023)

Comparative Advantage Angola - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and Liberia () (2023)

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