NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $335MRnk 105 / 220
2023
Flag → Flag
Top Product $195MRice
2023
Flag → Flag
Exports $1.36kRnk 15 / 112
2023
Flag → Flag
Top Product $16.4MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 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 $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

India-Liberia Trade: In 2023, India exported $335M to Liberia. The main products that India exported to Liberia were Rice ($195M), Packaged Medicaments ($14M), and Motorcycles and cycles ($11M). Over the past 5 years the exports of India to Liberia have increased at an annualized rate of 11%, from $199M in 2018 to $335M in 2023.

In 2023, India did not export any services to Liberia.

Liberia-India In N/A, Liberia did not export any products to India.

In 2023, Liberia did not export any services to India.

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Latest Trends

December, 2024

About

Overview In December 2024, India exported $20.4M and imported $1.33M from Liberia, resulting in a positive trade balance of $19M. Between December 2023 and December 2024 the exports of India have increased by $4.46M (28%) from $15.9M to $20.4M, while imports increased by $614k (85.8%) from $715k to $1.33M.

Trade In December 2024, the top exports of India to Liberia were Railwy Trnsprt Equipmnts, Prts ($3.07M), Electric Machinery And Equipme ($2.17M), Products Of Iron And Steel ($902k), Drug Formulations, Biologicals ($820k), and Motor Vehicle/Cars ($460k). In December 2024 the top imports of India from Liberia were Other Commodities ($215k), Aluminium, Products Of Aluminm ($166k), and Plywood And Allied Products ($109k).

Growth In December 2024, the increase in India's year-by-year exports to Liberia was explained primarily by an increase in product exports in Electric Machinery And Equipme ($1.66M or 321%), Products Of Iron And Steel ($794k or 737%), and Atm, Injctng Mlding Mchnry Etc ($350k or 4k%). In December 2024, the increase in India's year-by-year imports  from Liberia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)$4.46M(28%)
IMPORT GROWTH (December 2023 - December 2024)$614k(85.8%)

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

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

For full datasets download visit Bulk Download page.

Explore Liberia and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $335M to Liberia. The main products exported from India to Liberia were Rice ($195M), Packaged Medicaments ($14M), and Motorcycles and cycles ($11M). During the last 5 years the exports of India to Liberia have increased at an annualized rate of 11%, from $199M in 2018 to $335M in 2023.

Liberia does not register exports to India. The main products exported from Liberia to India were Passenger and Cargo Ships ($16.4M), Scrap Aluminium ($4.45M), and Rubber ($2.25M).

Exports from India (Flag) to Liberia (Flag) (2023)

Exports from Liberia (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from India than Liberia included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Liberia than from India.

Difference in imports from Liberia (Flag) and India (Flag) (2023)

Comparative Advantage India - Liberia

Flow
Scale

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

During 2023, India had a large net trade with Liberia in the exports of Vegetable Products ($196M), Transportation ($30.9M), and Machines ($24M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Liberia+$10MRefined Petroleum
Top Product Potential Liberia India+$16.5MGold

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of India and Liberia. This means that a dot/product with the flag of India indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over India.

Product Space of India (Flag) and Liberia (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms