Liberia (LBR) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Liberia-Czechia Trade: In 2022, Liberia exported $6.75M to Czechia. The main products that Liberia exported to Czechia were Rubber ($6.67M), Processed Crustaceans ($54.8k), and Sawn Wood ($12.2k). Over the past 5 years the exports of Liberia to Czechia have decreased at an annualized rate of 12.5%, from $13.2M in 2017 to $6.75M in 2022.

In 2022, Liberia did not export any services to Czechia.

Czechia-Liberia Trade: In 2022, Czechia exported $1.5M to Liberia. The main products that Czechia exported to Liberia were Stone Processing Machines ($573k), Prepared Cereals ($259k), and Hard Rubber ($121k). Over the past 5 years the exports of Czechia to Liberia have increased at an annualized rate of 21.4%, from $567k in 2017 to $1.5M in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $6.75M to Czechia. The main products exported from Liberia to Czechia were Rubber ($6.67M), Processed Crustaceans ($54.8k), and Sawn Wood ($12.2k). During the last 5 years the exports of Liberia to Czechia have decreased at an annualized rate of 12.5%, from $13.2M in 2017 to $6.75M in 2022.

In 2017, Czechia exported $1.5M to Liberia. The main products exported from Czechia to Liberia were Stone Processing Machines ($573k), Prepared Cereals ($259k), and Hard Rubber ($121k). During the last 5 years the exports of Czechia to Liberia have increased at an annualized rate of 21.4%, from $567k in 2022 to $1.5M in 2017.

Exports from Liberia () to Czechia () (2022)

Exports from Czechia () to Liberia () (2022)

Latest Data

Trade between Liberia () and Czechia ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Liberia than Czechia included Lebanon ($106M), Tanzania ($41.5M), and Rwanda ($18.2M).

In 2022, countries that imported more from Czechia than Liberia included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Liberia - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with Czechia in the exports of Plastics and Rubbers ($6.67M), Foodstuffs ($54.8k), and Wood Products ($12.2k).

During 2017, Czechia had a large net trade with Liberia in the exports of Machines ($751k), Foodstuffs ($259k), and Plastics and Rubbers ($171k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Czechia+$597kRubber

Top Product Potential Czechia Liberia+$224kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Czechia () (2022)

Exports from Czechia () to Liberia () (2022)

Latest Data

Trade between Liberia () and Czechia ()

Czechia Exports

Market Competitiveness

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

Comparative Advantage Liberia - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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