Cameroon (CMR) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Cameroon-Liberia Trade: In 2023, Cameroon exported $236k to Liberia. The main products that Cameroon exported to Liberia were Packing Bags ($139k), Large Construction Vehicles ($45.8k), and Machinery Having Individual Functions ($38.3k). Over the past 5 years the exports of Cameroon to Liberia have increased at an annualized rate of 150%, from $2.42k in 2018 to $236k in 2023.

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

Liberia-Cameroon Trade: In 2023, Liberia exported $10.6M to Cameroon. The main products that Liberia exported to Cameroon were Palm Oil ($9.65M) and Coconut Oil ($929k). Over the past 5 years the exports of Liberia to Cameroon have increased at an annualized rate of 8.29%, from $7.11M in 2018 to $10.6M in 2023.

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

Comparison: In 2023, Cameroon ranked 119 in the Economic Complexity Index (ECI -1.2), and 117 in total exports ($6.76B). 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, Cameroon exported $236k to Liberia. The main products exported from Cameroon to Liberia were Packing Bags ($139k), Large Construction Vehicles ($45.8k), and Machinery Having Individual Functions ($38.3k). During the last 5 years the exports of Cameroon to Liberia have increased at an annualized rate of 150%, from $2.42k in 2018 to $236k in 2023.

In 2018, Liberia exported $10.6M to Cameroon. The main products exported from Liberia to Cameroon were Palm Oil ($9.65M) and Coconut Oil ($929k). During the last 5 years the exports of Liberia to Cameroon have increased at an annualized rate of 8.29%, from $7.11M in 2023 to $10.6M in 2018.

Exports from Cameroon () to Liberia () (2023)

Exports from Liberia () to Cameroon () (2023)

Latest Data

Trade between Cameroon () and Liberia ()

Cameroon Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cameroon
Top DestinationNetherlands$1.44B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Cameroon than Liberia included Netherlands ($1.44B), United Arab Emirates ($899M), and France ($937M).

In 2023, countries that imported more from Liberia than Cameroon included Switzerland ($708M), United Kingdom ($306M), and Lebanon ($105M).

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

Comparative Advantage Cameroon - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cameroon had a large net trade with Liberia in the exports of Textiles ($139k), Machines ($84k), and Transportation ($12.7k).

During 2018, Liberia had a large net trade with Cameroon in the exports of N/A.

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cameroon Liberia+$1.2kPetroleum Gas

Top Product Potential Liberia Cameroon+$2.74kRefined 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 Cameroon and Liberia. This means that a dot/product with the flag of Cameroon indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Cameroon.

About

Historical Data

Bilateral Trade by Products

Exports from Cameroon () to Liberia () (2023)

Exports from Liberia () to Cameroon () (2023)

Latest Data

Trade between Cameroon () and Liberia ()

Cameroon Exports

Market Competitiveness

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

Comparative Advantage Cameroon - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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