Liberia (LBR) and Gambia (GMB) Trade | The Observatory of Economic Complexity

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Liberia-Gambia Trade: In 2023, Liberia exported $976k to Gambia. The main products that Liberia exported to Gambia were Gypsum ($568k), Bricks ($164k), and Ceramic Bricks ($25.5k). Over the past 5 years the exports of Liberia to Gambia have increased at an annualized rate of 47.3%, from $141k in 2018 to $976k in 2023.

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

Gambia-Liberia Trade: In 2023, Gambia exported $140k to Liberia. The main products that Gambia exported to Liberia were Light Pure Woven Cotton ($111k), Synthetic Fabrics ($19.9k), and Glass Bottles ($8.37k). Over the past 5 years the exports of Gambia to Liberia have increased at an annualized rate of 28.7%, from $39.4k in 2018 to $140k in 2023.

In 2023, Gambia 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, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Liberia exported $976k to Gambia. The main products exported from Liberia to Gambia were Gypsum ($568k), Bricks ($164k), and Ceramic Bricks ($25.5k). During the last 5 years the exports of Liberia to Gambia have increased at an annualized rate of 47.3%, from $141k in 2018 to $976k in 2023.

In 2018, Gambia exported $140k to Liberia. The main products exported from Gambia to Liberia were Light Pure Woven Cotton ($111k), Synthetic Fabrics ($19.9k), and Glass Bottles ($8.37k). During the last 5 years the exports of Gambia to Liberia have increased at an annualized rate of 28.7%, from $39.4k in 2023 to $140k in 2018.

Exports from Liberia () to Gambia () (2023)

Exports from Gambia () to Liberia () (2023)

Latest Data

Trade between Liberia () and Gambia ()

Gambia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Gambia
Top DestinationKazakhstan$2.91B

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

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

In 2023, countries that imported more from Gambia than Liberia included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and Greece ($25.2M).

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

Comparative Advantage Liberia - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Liberia had a large net trade with Gambia in the exports of Mineral Products ($584k), Stone And Glass ($194k), and Machines ($49.1k).

During 2018, Gambia had a large net trade with Liberia in the exports of Textiles ($131k) and Stone And Glass ($8.37k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Gambia+$1.6kPalm Oil

Top Product Potential Gambia Liberia+$1.43kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Gambia () (2023)

Exports from Gambia () to Liberia () (2023)

Latest Data

Trade between Liberia () and Gambia ()

Gambia Exports

Market Competitiveness

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

Comparative Advantage Liberia - Gambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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