Liberia (LBR) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Liberia-Angola Trade: In 2022, Liberia exported $3.5M to Angola. The main products that Liberia exported to Angola were Special purpose motor vehicles ($1.16M), Wheat ($1.04M), and Malt ($521k). Over the past 5 years the exports of Liberia to Angola have decreased at an annualized rate of 36.2%, from $33.2M in 2017 to $3.5M in 2022.

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

Angola-Liberia Trade: In 2022, Angola exported $51k to Liberia. The main products that Angola exported to Liberia were Insulated Wire ($28.9k), Iron Nails ($11.6k), and Frozen Vegetables ($6.07k). Over the past 5 years the exports of Angola to Liberia have decreased at an annualized rate of 54.1%, from $2.49M in 2017 to $51k in 2022.

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

Comparison: In 2022, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $3.5M to Angola. The main products exported from Liberia to Angola were Special purpose motor vehicles ($1.16M), Wheat ($1.04M), and Malt ($521k). During the last 5 years the exports of Liberia to Angola have decreased at an annualized rate of 36.2%, from $33.2M in 2017 to $3.5M in 2022.

In 2017, Angola exported $51k to Liberia. The main products exported from Angola to Liberia were Insulated Wire ($28.9k), Iron Nails ($11.6k), and Frozen Vegetables ($6.07k). During the last 5 years the exports of Angola to Liberia have decreased at an annualized rate of 54.1%, from $2.49M in 2022 to $51k in 2017.

Exports from Liberia () to Angola () (2022)

Exports from Angola () to Liberia () (2022)

Latest Data

Trade between Liberia () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Liberia than Angola included Switzerland ($544M), Poland ($124M), and Lebanon ($106M).

In 2022, countries that imported more from Angola than Liberia included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

Difference in imports from Angola () and Liberia () (2022)

Comparative Advantage Liberia - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with Angola in the exports of Transportation ($1.59M), Vegetable Products ($1.57M), and Chemical Products ($149k).

During 2017, Angola had a large net trade with Liberia in the exports of Machines ($28.9k), Metals ($11.7k), and Vegetable Products ($7.28k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Angola+$3.14kRefined Petroleum

Top Product Potential Angola Liberia+$3.85kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Angola () (2022)

Exports from Angola () to Liberia () (2022)

Latest Data

Trade between Liberia () and Angola ()

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Liberia () (2022)

Comparative Advantage Liberia - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Angola () (2022)

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