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2023
Flag → Flag
Exports $7.14kRnk 77 / 101
2023
Flag → Flag
Top Product $7.14kUsed Clothing
2023
Flag → Flag
Exports $206kRnk 58 / 112
2023
Flag → Flag
Top Product $94.5kCoconut Oil
2023
Flag
Economic Complexity (ECI) ECI -1.94Rnk 130 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$66.4BCURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP GROWTH103%CURRENT US$
Rnk 12 / 195
2023
Flag
 GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC $628CURRENT US$
Rnk 188 / 195
2013-2023
Flag
GDP PC GROWTH45.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

Democratic Republic of the Congo-Liberia Trade: In 2023, Democratic Republic of the Congo exported $7.14k to Liberia. The main products that Democratic Republic of the Congo exported to Liberia were Used Clothing ($7.14k). Over the past 6 years the exports of Democratic Republic of the Congo to Liberia have decreased at an annualized rate of 21.9%, from $31.6k in 2017 to $7.14k in 2023.

In 2023, Democratic Republic of the Congo did not export any services to Liberia.

Liberia-Democratic Republic of the Congo Trade: In 2023, Liberia exported $206k to Democratic Republic of the Congo. The main products that Liberia exported to Democratic Republic of the Congo were Coconut Oil ($94.5k), Cars ($55k), and Used Clothing ($26.5k). Over the past 6 years the exports of Liberia to Democratic Republic of the Congo have decreased at an annualized rate of 22%,  from $1.17M in 2017 to $206k in 2023.

In 2023, Liberia did not export any services to Democratic Republic of the Congo.

Comparison: In 2023,  Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.94), and 78 in total exports ($20.7B). 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 2023, Democratic Republic of the Congo exported $7.14k to Liberia. The main products exported from Democratic Republic of the Congo to Liberia were Used Clothing ($7.14k). During the last 6 years the exports of Democratic Republic of the Congo to Liberia have decreased at an annualized rate of 21.9%, from $31.6k in 2017 to $7.14k in 2023.

In 2018, Liberia exported $206k to Democratic Republic of the Congo. The main products exported from Liberia to Democratic Republic of the Congo were Coconut Oil ($94.5k), Cars ($55k), and Used Clothing ($26.5k). During the last 5 years the exports of Liberia to Democratic Republic of the Congo have decreased at an annualized rate of 22%, from $1.17M in 2023 to $206k in 2018.

Exports from Democratic Republic of the Congo (Flag) to Liberia (Flag) (2023)

Exports from Liberia (Flag) to Democratic Republic of the Congo (Flag) (2023)

Latest Data

Trade between Democratic Republic of the Congo (Flag) and Liberia (Flag)

Democratic Republic of the Congo Exports

Market Competitiveness

Color
Democratic Republic of the Congo
Top DestinationChina$14.3B
Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Democratic Republic of the Congo than Liberia included China ($14.3B), United Arab Emirates ($1.45B), and India ($684M).

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

Difference in imports from Liberia (Flag) and Democratic Republic of the Congo (Flag) (2023)

Comparative Advantage Democratic Republic of the Congo - Liberia

Flow
Scale

This chart compares trade between Democratic Republic of the Congo and Liberia by product, considering products traded by both, Democratic Republic of the Congo and Liberia.

During 2023, Democratic Republic of the Congo had a large net trade with Liberia in the exports of Textiles ($7.14k).

During 2018, Liberia had a large net trade with Democratic Republic of the Congo in the exports of Animal and Vegetable Bi-Products ($94.5k), Transportation ($55.1k), and Machines ($27.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Democratic Republic of the Congo Liberia+$2.75kRefined Petroleum
Top Product Potential Liberia Democratic Republic of the Congo+$2.32kRefined 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 Democratic Republic of the Congo and Liberia. This means that a dot/product with the flag of Democratic Republic of the Congo indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Democratic Republic of the Congo.

Product Space of Democratic Republic of the Congo (Flag) and Liberia (Flag) (2023)

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