2022
Flag  
GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

Indonesia-Liberia Trade: In 2022, Indonesia exported $52.6M to Liberia. The main products that Indonesia exported to Liberia were Palm Oil ($25.8M), Coal Briquettes ($7.71M), and Potassic Fertilizers ($3.99M). Over the past 5 years the exports of Indonesia to Liberia have increased at an annualized rate of 12.7%, from $28.9M in 2017 to $52.6M in 2022.

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

Liberia-Indonesia Trade: In 2022, Liberia exported $34.5M to Indonesia. The main products that Liberia exported to Indonesia were Passenger and Cargo Ships ($24.2M), Cocoa Beans ($9.85M), and Rubber ($340k). Over the past 5 years the exports of Liberia to Indonesia have decreased at an annualized rate of 9.21%,  from $55.9M in 2017 to $34.5M in 2022.

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

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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, Indonesia exported $52.6M to Liberia. The main products exported from Indonesia to Liberia were Palm Oil ($25.8M), Coal Briquettes ($7.71M), and Potassic Fertilizers ($3.99M). During the last 5 years the exports of Indonesia to Liberia have increased at an annualized rate of 12.7%, from $28.9M in 2017 to $52.6M in 2022.

In 2017, Liberia exported $34.5M to Indonesia. The main products exported from Liberia to Indonesia were Passenger and Cargo Ships ($24.2M), Cocoa Beans ($9.85M), and Rubber ($340k). During the last 5 years the exports of Liberia to Indonesia have decreased at an annualized rate of 9.21%, from $55.9M in 2022 to $34.5M in 2017.

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

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

Latest Data

Trade between Indonesia (Flag) and Liberia (Flag)

Indonesia Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
Liberia
Top Destination
Switzerland$544M

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

In 2022, countries that imported more from Indonesia than Liberia included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

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

Comparative Advantage Indonesia - Liberia

Flow
Scale

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

During 2022, Indonesia had a large net trade with Liberia in the exports of Animal and Vegetable Bi-Products ($26.9M), Chemical Products ($11.7M), and Mineral Products ($7.91M).

During 2017, Liberia had a large net trade with Indonesia in the exports of Transportation ($24.2M), Foodstuffs ($9.85M), and Plastics and Rubbers ($340k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Liberia+$978kCoal Briquettes
Top Product Potential Liberia Indonesia+$944kPassenger and Cargo Ships

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

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

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