Liberia (LBR) and Barbados (BRB) Trade | The Observatory of Economic Complexity

About

Liberia-Barbados Trade: In 2021, Liberia exported $3.28k to Barbados. The main products that Liberia exported to Barbados were N/A. Over the past 18 years the exports of Liberia to Barbados have decreased at an annualized rate of 5.74%, from $9.51k in 2003 to $3.28k in 2021.

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

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

In 2021, Barbados 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, Barbados ranked 176 in total exports ($393M), 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 2021, Liberia exported $3.28k to Barbados. There were not main exports from Liberia to Barbados in 2021. During the last 18 years the exports of Liberia to Barbados have decreased at an annualized rate of 5.74%, from $9.51k in 2003 to $3.28k in 2021.

Barbados does not register exports to Liberia.

Exports from Liberia () to Barbados () (2021)

Exports from Barbados () to Liberia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Liberia than Barbados included Switzerland ($544M), Germany ($156M), and France ($158M).

In 2022, countries that imported more from Barbados than Liberia included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

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

Comparative Advantage Liberia - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Liberia had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Barbados () (2021)

Exports from Barbados () to Liberia () (2021)

Market Competitiveness

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

Comparative Advantage Liberia - Barbados

Economic Complexity

Competitive Landscape

Product Space of Liberia () and Barbados () (2021)

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