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2021
Flag → Flag
Exports $14.5kRnk 1 / 0
2021
Flag → Flag
Exports $36.1kRnk 6 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Ecuador-Liberia Trade: In 2021, Ecuador exported $14.5k to Liberia. The main products that Ecuador exported to Liberia were N/A. Over the past 13 years the exports of Ecuador to Liberia have decreased at an annualized rate of 19.3%, from $234k in 2008 to $14.5k in 2021.

In 2021, Ecuador did not export any services to Liberia.

Liberia-Ecuador Trade: In 2021, Liberia exported $36.1k to Ecuador. The main products that Liberia exported to Ecuador were N/A. Over the past 13 years the exports of Liberia to Ecuador have increased at an annualized rate of 715%,  from $1 in 2008 to $36.1k in 2021.

In 2021, Liberia did not export any services to Ecuador.

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Latest Trends

N/A

About

Overview In N/A, Ecuador exported $N/A and imported $N/A from Liberia, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Ecuador have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Ecuador to Liberia were . In N/A the top imports of Ecuador from Liberia were .

Origins In N/A the exports of Ecuador were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in Ecuador's year-by-year exports to Liberia was explained primarily by an decrease in product exports in . In N/A, the N/A in Ecuador's year-by-year imports  from Liberia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Ecuador over time.

To check Liberia and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Liberia and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Ecuador exported $14.5k to Liberia. There were not main exports from Ecuador to Liberia in 2021. During the last 13 years the exports of Ecuador to Liberia have decreased at an annualized rate of 19.3%, from $234k in 2008 to $14.5k in 2021.

In 2016, Liberia exported $36.1k to Ecuador. There were not main exports from Liberia to Ecuador in 2016. During the last 5 years the exports of Liberia to Ecuador have increased at an annualized rate of 715%, from $1 in 2021 to $36.1k in 2016.

Exports from Ecuador (Flag) to Liberia (Flag) (2021)

Exports from Liberia (Flag) to Ecuador (Flag) (2021)

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Ecuador than Liberia included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from Liberia than Ecuador included Switzerland ($544M), Lebanon ($106M), and Cyprus ($53.7M).

Difference in imports from Liberia (Flag) and Ecuador (Flag) (2022)

Comparative Advantage Ecuador - Liberia

Flow
Scale

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

During 2021, Ecuador had a large net trade with Liberia in the exports of .

During 2016, Liberia had a large net trade with Ecuador in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Liberia+$3.98kRefined Petroleum
Top Product Potential Liberia Ecuador+$3.43kRefined 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 Ecuador and Liberia. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Ecuador.

Product Space of Ecuador (Flag) and Liberia (Flag) (2021)

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