Liberia (LBR) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Liberia-Ethiopia Trade: In 2021, Liberia exported $72.6k to Ethiopia. The main products that Liberia exported to Ethiopia were N/A. Over the past 6 years the exports of Liberia to Ethiopia have increased at an annualized rate of 255%, from $36 in 2015 to $72.6k in 2021.

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

Ethiopia-Liberia Trade: In 2021, Ethiopia exported $5.87k to Liberia. The main products that Ethiopia exported to Liberia were N/A. Over the past 6 years the exports of Ethiopia to Liberia have decreased at an annualized rate of 19.5%, from $51.2k in 2015 to $5.87k in 2021.

In 2021, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Liberia exported $72.6k to Ethiopia. There were not main exports from Liberia to Ethiopia in 2021. During the last 6 years the exports of Liberia to Ethiopia have increased at an annualized rate of 255%, from $36 in 2015 to $72.6k in 2021.

In 2016, Ethiopia exported $5.87k to Liberia. There were not main exports from Ethiopia to Liberia in 2016. During the last 5 years the exports of Ethiopia to Liberia have decreased at an annualized rate of 19.5%, from $51.2k in 2021 to $5.87k in 2016.

Exports from Liberia () to Ethiopia () (2021)

Exports from Ethiopia () to Liberia () (2021)

Latest Data

Trade between Liberia () and Ethiopia ()

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Liberia than Ethiopia included Switzerland ($544M), Poland ($124M), and Lebanon ($106M).

In 2022, countries that imported more from Ethiopia than Liberia included United Arab Emirates ($723M), United States ($557M), and Saudi Arabia ($268M).

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

Comparative Advantage Liberia - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2016, Ethiopia had a large net trade with Liberia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Ethiopia+$3.16kRefined Petroleum

Top Product Potential Ethiopia Liberia+$1.21kNon-Knit Men's Suits

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

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Historical Data

Bilateral Trade by Products

Exports from Liberia () to Ethiopia () (2021)

Exports from Ethiopia () to Liberia () (2021)

Latest Data

Trade between Liberia () and Ethiopia ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Liberia - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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