Liberia (LBR) and Georgia (GEO) Trade | The Observatory of Economic Complexity

About

In N/A, Liberia did not export any services to Georgia.

Georgia-Liberia Trade: In N/A, Georgia exported $145k to Liberia. The main products that Georgia exported to Liberia were Processed Tobacco ($50k), Flavored Water ($39.8k), and Light Pure Woven Cotton ($15.5k). Over the past N/A years the exports of Georgia to Liberia have decreased at an annualized rate of 1.13%, from $153k in N/A to $145k in N/A.

In N/A, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Liberia does not register exports to Georgia.

In 2018, Georgia exported $145k to Liberia. The main products exported from Georgia to Liberia were Processed Tobacco ($50k), Flavored Water ($39.8k), and Light Pure Woven Cotton ($15.5k). During the last 5 years the exports of Georgia to Liberia have decreased at an annualized rate of 1.13%, from $153k in 2023 to $145k in 2018.

Exports from Liberia () to Georgia () (2023)

Exports from Georgia () to Liberia () (2023)

Latest Data

Trade between Liberia () and Georgia ()

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Georgia
Top DestinationAzerbaijan$828M

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

In 2023, countries that imported more from Liberia than Georgia included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

In 2023, countries that imported more from Georgia than Liberia included Azerbaijan ($828M), Turkey ($733M), and Armenia ($712M).

Difference in imports from Georgia () and Liberia () (2023)

Comparative Advantage Liberia - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Georgia had a large net trade with Liberia in the exports of Foodstuffs ($94.9k), Textiles ($17.4k), and Chemical Products ($13.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Georgia+$2.36kRefined Petroleum

Top Product Potential Georgia Liberia+$2.36kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Georgia () (2023)

Exports from Georgia () to Liberia () (2023)

Latest Data

Trade between Liberia () and Georgia ()

Georgia Exports

Market Competitiveness

Difference in imports from Georgia () and Liberia () (2023)

Comparative Advantage Liberia - Georgia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Georgia () (2023)

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