2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC 
$3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC
$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195

About

Bolivia-Liberia Trade: In 2022, Bolivia exported $8.25k to Liberia. The main products that Bolivia exported to Liberia were N/A. Over the past 18 years the exports of Bolivia to Liberia have increased at an annualized rate of 17.6%, from $448 in 2004 to $8.25k in 2022.

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

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

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

Comparison: In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B). 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
Value

In 2022, Bolivia exported $8.25k to Liberia. There were not main exports from Bolivia to Liberia in 2022. During the last 18 years the exports of Bolivia to Liberia have increased at an annualized rate of 17.6%, from $448 in 2004 to $8.25k in 2022.

Liberia does not register exports to Bolivia.

Exports from Bolivia (Flag) to Liberia (Flag) (2022)

Exports from Liberia (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Liberia
Top Destination
Switzerland$708M

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

In 2023, countries that imported more from Bolivia than Liberia included Brazil ($1.54B), India ($1.33B), and Argentina ($1.15B).

In 2023, countries that imported more from Liberia than Bolivia included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

Difference in imports from Liberia (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Liberia

Flow
Scale

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

During 2022, Bolivia had a large net trade with Liberia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Liberia+$16.9kEdible Offal
Top Product Potential Liberia Bolivia+$2.9kRefined 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

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

Product Space of Bolivia (Flag) and Liberia (Flag) (2022)

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