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2016
Flag → Flag
Exports $609kRnk 132 / 0
2016
Flag → Flag
Exports $511Rnk 130 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Liberia-Guinea Trade: In 2016, Liberia exported $609k to Guinea. The main products that Liberia exported to Guinea were N/A. Over the past 9 years the exports of Liberia to Guinea have increased at an annualized rate of 90.5%, from $1.85k in 2007 to $609k in 2016.

In 2016, Liberia did not export any services to Guinea.

Guinea-Liberia In N/A, Guinea did not export any products to Liberia.

In 2016, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Liberia exported $609k to Guinea. There were not main exports from Liberia to Guinea in 2016. During the last 9 years the exports of Liberia to Guinea have increased at an annualized rate of 90.5%, from $1.85k in 2007 to $609k in 2016.

Guinea does not register exports to Liberia.

Exports from Liberia (Flag) to Guinea (Flag) (2016)

Exports from Guinea (Flag) to Liberia (Flag) (2016)

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$544M
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Liberia than Guinea included Switzerland ($544M), United Kingdom ($148M), and France ($158M).

In 2022, countries that imported more from Guinea than Liberia included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

Difference in imports from Guinea (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - Guinea

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Guinea+$3.38kRefined Petroleum
Top Product Potential Guinea Liberia+$2.43kRefined 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 Guinea. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and Guinea (Flag) (2016)

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