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Pricing

2023
Flag → Flag
Exports $44.5kRnk 67 / 107
2023
Flag → Flag
Top Product $44.5kUsed Clothing
2023
Flag → Flag
Exports $853kRnk 40 / 112
2023
Flag → Flag
Top Product $487kCoconut Oil
2023
Flag
Economic Complexity (ECI) ECI -1.73Rnk 128 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH-14.7%CURRENT US$
Rnk 186 / 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 $2,478CURRENT US$
Rnk 149 / 195
2013-2023
Flag
GDP PC GROWTH-33%CURRENT US$
Rnk 188 / 195
2023
Flag
GDP PC$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

Republic of the Congo-Liberia Trade: In 2023, Republic of the Congo exported $44.5k to Liberia. The main products that Republic of the Congo exported to Liberia were Used Clothing ($44.5k). Over the past 5 years the exports of Republic of the Congo to Liberia have decreased at an annualized rate of 44.4%, from $837k in 2018 to $44.5k in 2023.

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

Liberia-Republic of the Congo Trade: In 2023, Liberia exported $853k to Republic of the Congo. The main products that Liberia exported to Republic of the Congo were Coconut Oil ($487k) and Palm Oil ($366k). Over the past 5 years the exports of Liberia to Republic of the Congo have increased at an annualized rate of 55%,  from $95.5k in 2018 to $853k in 2023.

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

Comparison: In 2023,  Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B). 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, Republic of the Congo exported $44.5k to Liberia. The main products exported from Republic of the Congo to Liberia were Used Clothing ($44.5k). During the last 5 years the exports of Republic of the Congo to Liberia have decreased at an annualized rate of 44.4%, from $837k in 2018 to $44.5k in 2023.

In 2018, Liberia exported $853k to Republic of the Congo. The main products exported from Liberia to Republic of the Congo were Coconut Oil ($487k) and Palm Oil ($366k). During the last 5 years the exports of Liberia to Republic of the Congo have increased at an annualized rate of 55%, from $95.5k in 2023 to $853k in 2018.

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

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

Latest Data

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

Republic of the Congo Exports

Market Competitiveness

Color
Republic of the Congo
Top DestinationChina$5.45B
Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Republic of the Congo than Liberia included China ($5.45B), United Arab Emirates ($2.7B), and Saudi Arabia ($644M).

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

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

Comparative Advantage Republic of the Congo - Liberia

Flow
Scale

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

During 2023, Republic of the Congo had a large net trade with Liberia in the exports of Textiles ($44.5k).

During 2018, Liberia had a large net trade with Republic of the Congo in the exports of Animal and Vegetable Bi-Products ($853k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Republic of the Congo Liberia+$2.45kRefined Petroleum
Top Product Potential Liberia Republic of the Congo+$1.64kPalm Oil

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 Republic of the Congo and Liberia. This means that a dot/product with the flag of 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 Republic of the Congo.

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

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