2023
Flag  
GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$772CURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Liberia-Estonia Trade: In 2023, Liberia exported $295k to Estonia. The main products that Liberia exported to Estonia were Cocoa Beans ($295k) and Beauty Products ($16). Over the past 5 years the exports of Liberia to Estonia have increased at an annualized rate of 38.1%, from $58.7k in 2018 to $295k in 2023.

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

Estonia-Liberia Trade: In 2023, Estonia exported $1.48M to Liberia. The main products that Estonia exported to Liberia were Refrigerators ($356k), Valves ($203k), and Engine Parts ($170k). Over the past 5 years the exports of Estonia to Liberia have increased at an annualized rate of 31%,  from $293k in 2018 to $1.48M in 2023.

In 2023, Estonia 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, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Liberia exported $295k to Estonia. The main products exported from Liberia to Estonia were Cocoa Beans ($295k) and Beauty Products ($16). During the last 5 years the exports of Liberia to Estonia have increased at an annualized rate of 38.1%, from $58.7k in 2018 to $295k in 2023.

In 2018, Estonia exported $1.48M to Liberia. The main products exported from Estonia to Liberia were Refrigerators ($356k), Valves ($203k), and Engine Parts ($170k). During the last 5 years the exports of Estonia to Liberia have increased at an annualized rate of 31%, from $293k in 2023 to $1.48M in 2018.

Exports from Liberia (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Liberia (Flag) (2023)

Latest Data

Trade between Liberia (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$708M
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from Liberia than Estonia included Switzerland ($708M), Lebanon ($105M), and Tanzania ($38M).

In 2023, countries that imported more from Estonia than Liberia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Liberia (Flag) (2023)

Comparative Advantage Liberia - Estonia

Flow
Scale

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

During 2023, Liberia had a large net trade with Estonia in the exports of Foodstuffs ($295k) and Chemical Products ($16).

During 2018, Estonia had a large net trade with Liberia in the exports of Machines ($960k), Mineral Products ($145k), and Animal Products ($112k).

Economic Complexity

Competitive Landscape

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

Product Space of Liberia (Flag) and Estonia (Flag) (2023)

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