Switzerland (CHE) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Switzerland-Liberia Trade: In 2023, Switzerland exported $2.85M to Liberia. The main products that Switzerland exported to Liberia were Industrial Food Preperation Machinery ($294k), Chocolate ($207k), and Packaged Medicaments ($168k). Over the past 5 years the exports of Switzerland to Liberia have decreased at an annualized rate of 25.5%, from $12.4M in 2018 to $2.85M in 2023.

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

Liberia-Switzerland Trade: In 2023, Liberia exported $708M to Switzerland. The main products that Liberia exported to Switzerland were Gold ($707M), Planes, Helicopters, and/or Spacecraft ($209k), and Tantalum ($26.3k). Over the past 5 years the exports of Liberia to Switzerland have increased at an annualized rate of 23.6%, from $246M in 2018 to $708M in 2023.

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

Comparison: In 2023, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). 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, Switzerland exported $2.85M to Liberia. The main products exported from Switzerland to Liberia were Industrial Food Preperation Machinery ($294k), Chocolate ($207k), and Packaged Medicaments ($168k). During the last 5 years the exports of Switzerland to Liberia have decreased at an annualized rate of 25.5%, from $12.4M in 2018 to $2.85M in 2023.

In 2018, Liberia exported $708M to Switzerland. The main products exported from Liberia to Switzerland were Gold ($707M), Planes, Helicopters, and/or Spacecraft ($209k), and Tantalum ($26.3k). During the last 5 years the exports of Liberia to Switzerland have increased at an annualized rate of 23.6%, from $246M in 2023 to $708M in 2018.

Exports from Switzerland () to Liberia () (2023)

Exports from Liberia () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Liberia ()

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationGermany$53.8B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Switzerland than Liberia included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

In 2023, countries that imported more from Liberia than Switzerland included North Korea ($38.5k).

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

Comparative Advantage Switzerland - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Switzerland had a large net trade with Liberia in the exports of Machines ($1.39M), Metals ($425k), and Chemical Products ($297k).

During 2018, Liberia had a large net trade with Switzerland in the exports of Precious Metals ($707M), Transportation ($209k), and Metals ($26.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Liberia+$107kCars

Top Product Potential Liberia Switzerland+$8.71kRubber Apparel

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

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Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Liberia () (2023)

Exports from Liberia () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Liberia ()

Switzerland Exports

Market Competitiveness

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

Comparative Advantage Switzerland - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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