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2023
Flag → Flag
Exports $71.6MRnk 8 / 112
2023
Flag → Flag
Top Product $58.3MGold
2023
Flag → Flag
Exports $48.1MRnk 134 / 216
2023
Flag → Flag
Top Product $5.74MDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC $772CURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

Liberia-United Arab Emirates Trade: In 2023, Liberia exported $71.6M to United Arab Emirates. The main products that Liberia exported to United Arab Emirates were Gold ($58.3M), Diamonds ($7.99M), and Palm Oil ($2.53M). Over the past 5 years the exports of Liberia to United Arab Emirates have increased at an annualized rate of 5.08%, from $55.9M in 2018 to $71.6M in 2023.

In 2023, Liberia did not export any services to United Arab Emirates.

United Arab Emirates-Liberia Trade: In 2023, United Arab Emirates exported $48.1M to Liberia. The main products that United Arab Emirates exported to Liberia were Delivery Trucks ($5.74M), Petroleum Coke ($4.27M), and Iron Structures ($3.74M). Over the past 5 years the exports of United Arab Emirates to Liberia have increased at an annualized rate of 12.8%,  from $23.4M in 2018 to $48.1M in 2023.

In 2023, United Arab Emirates did not export any services to Liberia.

Comparison: In 2023,  Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Liberia exported $71.6M to United Arab Emirates. The main products exported from Liberia to United Arab Emirates were Gold ($58.3M), Diamonds ($7.99M), and Palm Oil ($2.53M). During the last 5 years the exports of Liberia to United Arab Emirates have increased at an annualized rate of 5.08%, from $55.9M in 2018 to $71.6M in 2023.

In 2018, United Arab Emirates exported $48.1M to Liberia. The main products exported from United Arab Emirates to Liberia were Delivery Trucks ($5.74M), Petroleum Coke ($4.27M), and Iron Structures ($3.74M). During the last 5 years the exports of United Arab Emirates to Liberia have increased at an annualized rate of 12.8%, from $23.4M in 2023 to $48.1M in 2018.

Exports from Liberia (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Liberia (Flag) (2023)

Latest Data

Trade between Liberia (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$708M
United Arab Emirates
Top DestinationChina$40.2B

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

In 2023, countries that imported more from Liberia than United Arab Emirates included North Korea ($38.5k).

In 2023, countries that imported more from United Arab Emirates than Liberia included China ($40.2B), India ($38.2B), and Japan ($37.4B).

Difference in imports from United Arab Emirates (Flag) and Liberia (Flag) (2023)

Comparative Advantage Liberia - United Arab Emirates

Flow
Scale

This chart compares trade between Liberia and United Arab Emirates by product, considering products traded by both, Liberia and United Arab Emirates.

During 2023, Liberia had a large net trade with United Arab Emirates in the exports of Precious Metals ($66.3M), Animal and Vegetable Bi-Products ($2.53M), and Mineral Products ($1.2M).

During 2018, United Arab Emirates had a large net trade with Liberia in the exports of Metals ($10.2M), Machines ($9.35M), and Transportation ($8.18M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia United Arab Emirates+$35.9MGold
Top Product Potential United Arab Emirates Liberia+$7.96MRefined 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 Liberia and United Arab Emirates. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and United Arab Emirates (Flag) (2023)

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