2022
Flag  
GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
 GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC 
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

France-Liberia Trade: In 2022, France exported $12M to Liberia. The main products that France exported to Liberia were Refined Petroleum ($3.57M), Transmissions ($856k), and Raw Sugar ($579k). Over the past 5 years the exports of France to Liberia have increased at an annualized rate of 4.87%, from $9.44M in 2017 to $12M in 2022.

In 2022, France did not export any services to Liberia.

Liberia-France Trade: In 2022, Liberia exported $158M to France. The main products that Liberia exported to France were Iron Ore ($154M), Rubber ($2.42M), and Rough Wood ($1.23M). Over the past 5 years the exports of Liberia to France have increased at an annualized rate of 53.1%,  from $18.8M in 2017 to $158M in 2022.

In 2022, Liberia did not export any services to France.

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, France exported $12M to Liberia. The main products exported from France to Liberia were Refined Petroleum ($3.57M), Transmissions ($856k), and Raw Sugar ($579k). During the last 5 years the exports of France to Liberia have increased at an annualized rate of 4.87%, from $9.44M in 2017 to $12M in 2022.

In 2017, Liberia exported $158M to France. The main products exported from Liberia to France were Iron Ore ($154M), Rubber ($2.42M), and Rough Wood ($1.23M). During the last 5 years the exports of Liberia to France have increased at an annualized rate of 53.1%, from $18.8M in 2022 to $158M in 2017.

Exports from France (Flag) to Liberia (Flag) (2022)

Exports from Liberia (Flag) to France (Flag) (2022)

Latest Data

Trade between France (Flag) and Liberia (Flag)

France Exports

Market Competitiveness

Color
France
Top Destination
Germany$78.3B
Liberia
Top Destination
Switzerland$544M

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

In 2022, countries that imported more from France than Liberia included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

In 2022, no countries were registered that imported more from Liberia than from France.

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

Comparative Advantage France - Liberia

Flow
Scale

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

During 2022, France had a large net trade with Liberia in the exports of Mineral Products ($3.58M), Machines ($3.35M), and Foodstuffs ($1.61M).

During 2017, Liberia had a large net trade with France in the exports of Mineral Products ($154M), Plastics and Rubbers ($2.42M), and Wood Products ($1.25M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Liberia+$5.19MRefined Petroleum
Top Product Potential Liberia France+$2.22MRubber

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

Product Space of France (Flag) and Liberia (Flag) (2022)

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