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

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Liberia-Gambia Trade: In 2021, Liberia exported $62.3k to Gambia. The main products that Liberia exported to Gambia were N/A. Over the past 5 years the exports of Liberia to Gambia have increased at an annualized rate of 45.4%, from $9.59k in 2016 to $62.3k in 2021.

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

Gambia-Liberia Trade: In 2021, Gambia exported $48.9k to Liberia. The main products that Gambia exported to Liberia were N/A. Over the past 5 years the exports of Gambia to Liberia have increased at an annualized rate of 54.6%, from $3.58k in 2016 to $48.9k in 2021.

In 2021, Gambia 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, Gambia ranked 193 in total exports ($170M), 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 2021, Liberia exported $62.3k to Gambia. There were not main exports from Liberia to Gambia in 2021. During the last 5 years the exports of Liberia to Gambia have increased at an annualized rate of 45.4%, from $9.59k in 2016 to $62.3k in 2021.

In 2016, Gambia exported $48.9k to Liberia. There were not main exports from Gambia to Liberia in 2016. During the last 5 years the exports of Gambia to Liberia have increased at an annualized rate of 54.6%, from $3.58k in 2021 to $48.9k in 2016.

Exports from Liberia () to Gambia () (2021)

Exports from Gambia () to Liberia () (2021)

Latest Data

Trade between Liberia () and Gambia ()

Gambia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Gambia
Top DestinationIndia$52.9M

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 2022, countries that imported more from Liberia than Gambia included Switzerland ($544M), France ($158M), and Germany ($156M).

In 2022, countries that imported more from Gambia than Liberia included India ($52.9M), China ($38.7M), and Chile ($11.1M).

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

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

During 2016, Gambia 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 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 () (2021)

Exports from Gambia () to Liberia () (2021)

Latest Data

Trade between Liberia () and Gambia ()

Gambia Exports

Market Competitiveness

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

Comparative Advantage Liberia - Gambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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