Liberia (LBR) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Liberia-Bolivia Trade: In 2021, Liberia exported $400 to Bolivia. The main products that Liberia exported to Bolivia were N/A. Over the past 9 years the exports of Liberia to Bolivia have increased at an annualized rate of 14.3%, from $120 in 2012 to $400 in 2021.

In 2021, Liberia did not export any services to Bolivia.

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

In 2021, Bolivia 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, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Liberia exported $400 to Bolivia. There were not main exports from Liberia to Bolivia in 2021. During the last 9 years the exports of Liberia to Bolivia have increased at an annualized rate of 14.3%, from $120 in 2012 to $400 in 2021.

Bolivia does not register exports to Liberia.

Exports from Liberia () to Bolivia () (2022)

Exports from Bolivia () to Liberia () (2022)

Latest Data

Trade between Liberia () and Bolivia ()

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Bolivia
Top DestinationBrazil$1.54B

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

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

In 2023, countries that imported more from Bolivia than Liberia included Brazil ($1.54B), India ($1.33B), and Argentina ($1.15B).

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

Comparative Advantage Liberia - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Liberia had a large net trade with Bolivia 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 Bolivia+$2.9kRefined Petroleum

Top Product Potential Bolivia Liberia+$16.9kEdible Offal

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

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Historical Data

Bilateral Trade by Products

Exports from Liberia () to Bolivia () (2022)

Exports from Bolivia () to Liberia () (2022)

Latest Data

Trade between Liberia () and Bolivia ()

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Liberia - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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