Liberia (LBR) and Burundi (BDI) Trade | The Observatory of Economic Complexity

About

Liberia-Burundi Trade: In 2018, Liberia exported $59.3k to Burundi. The main products that Liberia exported to Burundi were N/A. Over the past 8 years the exports of Liberia to Burundi have increased at an annualized rate of 86.6%, from $404 in 2010 to $59.3k in 2018.

In 2018, Liberia did not export any services to Burundi.

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

In 2018, Burundi 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, Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Liberia exported $59.3k to Burundi. There were not main exports from Liberia to Burundi in 2018. During the last 8 years the exports of Liberia to Burundi have increased at an annualized rate of 86.6%, from $404 in 2010 to $59.3k in 2018.

Burundi does not register exports to Liberia. The main products exported from Burundi to Liberia were Fork-Lifts ($56.8k).

Exports from Liberia () to Burundi () (2023)

Exports from Burundi () to Liberia () (2023)

Latest Data

Trade between Liberia () and Burundi ()

Burundi Exports

Date

Feb 2012

Sep 2011

Apr 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Burundi
Top DestinationUnited Arab Emirates$117M

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

In 2023, countries that imported more from Liberia than Burundi included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

In 2023, countries that imported more from Burundi than Liberia included United Arab Emirates ($117M), Uganda ($16.4M), and Sweden ($5.9M).

Difference in imports from Burundi () and Liberia () (2023)

Comparative Advantage Liberia - Burundi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Liberia had a large net trade with Burundi in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Burundi+$1.82kRefined Petroleum

Top Product Potential Burundi Liberia+$2.21kRefined 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 Burundi. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Liberia.

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Burundi () (2023)

Exports from Burundi () to Liberia () (2023)

Latest Data

Trade between Liberia () and Burundi ()

Burundi Exports

Market Competitiveness

Difference in imports from Burundi () and Liberia () (2023)

Comparative Advantage Liberia - Burundi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Burundi () (2023)

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