Liberia (LBR) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Liberia-Brazil Trade: In 2023, Liberia exported $130k to Brazil. The main products that Liberia exported to Brazil were Rubber ($130k), Low-voltage Protection Equipment ($161), and Other Rubber Products ($40). Over the past 5 years the exports of Liberia to Brazil have decreased at an annualized rate of 35.9%, from $1.21M in 2018 to $130k in 2023.

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

Brazil-Liberia Trade: In 2023, Brazil exported $415M to Liberia. The main products that Brazil exported to Liberia were Refined Petroleum ($340M), Poultry Meat ($12.4M), and Edible Offal ($9.57M). Over the past 5 years the exports of Brazil to Liberia have increased at an annualized rate of 25%, from $136M in 2018 to $415M in 2023.

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Liberia exported $130k to Brazil. The main products exported from Liberia to Brazil were Rubber ($130k), Low-voltage Protection Equipment ($161), and Other Rubber Products ($40). During the last 5 years the exports of Liberia to Brazil have decreased at an annualized rate of 35.9%, from $1.21M in 2018 to $130k in 2023.

In 2018, Brazil exported $415M to Liberia. The main products exported from Brazil to Liberia were Refined Petroleum ($340M), Poultry Meat ($12.4M), and Edible Offal ($9.57M). During the last 5 years the exports of Brazil to Liberia have increased at an annualized rate of 25%, from $136M in 2023 to $415M in 2018.

Exports from Liberia () to Brazil () (2023)

Exports from Brazil () to Liberia () (2023)

Latest Data

Trade between Liberia () and Brazil ()

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Brazil
Top DestinationChina$106B

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

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

In 2023, countries that imported more from Brazil than Liberia included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Liberia - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Liberia had a large net trade with Brazil in the exports of Plastics and Rubbers ($130k) and Machines ($161).

During 2018, Brazil had a large net trade with Liberia in the exports of Mineral Products ($340M), Animal Products ($31.4M), and Foodstuffs ($23.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Brazil+$545kRubber

Top Product Potential Brazil Liberia+$1.43MPoultry Meat

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Brazil () (2023)

Exports from Brazil () to Liberia () (2023)

Latest Data

Trade between Liberia () and Brazil ()

Brazil Exports

Market Competitiveness

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

Comparative Advantage Liberia - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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