2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$58.1BCURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP GROWTH
98.1%CURRENT US$
Rnk 15 / 186
2022
Flag
GDP PC 
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC
$586CURRENT US$
Rnk 179 / 186
2012-2022
Flag
GDP PC GROWTH
42.1%CURRENT US$
Rnk 45 / 186

About

Liberia-Democratic Republic of the Congo Trade: In 2022, Liberia exported $3.65M to Democratic Republic of the Congo. The main products that Liberia exported to Democratic Republic of the Congo were Refined Petroleum ($3.65M). Over the past 5 years the exports of Liberia to Democratic Republic of the Congo have increased at an annualized rate of 212%, from $12.3k in 2017 to $3.65M in 2022.

In 2022, Liberia did not export any services to Democratic Republic of the Congo.

Democratic Republic of the Congo-Liberia Trade: In 2022, Democratic Republic of the Congo exported $161k to Liberia. The main products that Democratic Republic of the Congo exported to Liberia were N/A. Over the past 5 years the exports of Democratic Republic of the Congo to Liberia have increased at an annualized rate of 18.5%,  from $69.1k in 2017 to $161k in 2022.

In 2022, Democratic Republic of the Congo 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, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.81), and 71 in total exports ($28.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $3.65M to Democratic Republic of the Congo. The main products exported from Liberia to Democratic Republic of the Congo were Refined Petroleum ($3.65M). During the last 5 years the exports of Liberia to Democratic Republic of the Congo have increased at an annualized rate of 212%, from $12.3k in 2017 to $3.65M in 2022.

In 2016, Democratic Republic of the Congo exported $161k to Liberia. There were not main exports from Democratic Republic of the Congo to Liberia in 2016. During the last 5 years the exports of Democratic Republic of the Congo to Liberia have increased at an annualized rate of 18.5%, from $69.1k in 2021 to $161k in 2016.

Exports from Liberia (Flag) to Democratic Republic of the Congo (Flag) (2022)

Exports from Democratic Republic of the Congo (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and Democratic Republic of the Congo (Flag)

Democratic Republic of the Congo Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M

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

In 2022, countries that imported more from Liberia than Democratic Republic of the Congo included Poland ($124M), Lebanon ($106M), and France ($158M).

In 2022, countries that imported more from Democratic Republic of the Congo than Liberia included China ($15.6B), Singapore ($1.36B), and Hong Kong ($1.24B).

Difference in imports from Democratic Republic of the Congo (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - Democratic Republic of the Congo

Flow
Scale

This chart compares trade between Liberia and Democratic Republic of the Congo by product, considering products traded by both, Liberia and Democratic Republic of the Congo.

During 2022, Liberia had a large net trade with Democratic Republic of the Congo in the exports of Mineral Products ($3.65M).

During 2016, Democratic Republic of the Congo had a large net trade with Liberia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Democratic Republic of the Congo+$2.32kRefined Petroleum
Top Product Potential Democratic Republic of the Congo Liberia+$2.75kRefined 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 Democratic Republic of the Congo. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Democratic Republic of the Congo. Similarly, a dot/product with the flag of Democratic Republic of the Congo indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and Democratic Republic of the Congo (Flag) (2022)

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