2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Liberia-Israel Trade: In 2019, Liberia exported $36.5k to Israel. The main products that Liberia exported to Israel were N/A. Over the past 7 years the exports of Liberia to Israel have decreased at an annualized rate of 60.2%, from $22.9M in 2012 to $36.5k in 2019.

In 2019, Liberia did not export any services to Israel.

Israel-Liberia Trade: In 2019, Israel exported $419k to Liberia. The main products that Israel exported to Liberia were Broadcasting Equipment ($230k), Toilet Paper ($82k), and Light Fixtures ($38k). Over the past 7 years the exports of Israel to Liberia have decreased at an annualized rate of 30.4%,  from $2.57M in 2012 to $419k in 2019.

In 2007, Israel exported services to Liberia worth $0, with being the largest in terms of value.

Comparison: In 2022,  Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Liberia exported $36.5k to Israel. There were not main exports from Liberia to Israel in 2019. During the last 7 years the exports of Liberia to Israel have decreased at an annualized rate of 60.2%, from $22.9M in 2012 to $36.5k in 2019.

In 2017, Israel exported $419k to Liberia. The main products exported from Israel to Liberia were Broadcasting Equipment ($230k), Toilet Paper ($82k), and Light Fixtures ($38k). During the last 5 years the exports of Israel to Liberia have decreased at an annualized rate of 30.4%, from $2.57M in 2022 to $419k in 2017.

Exports from Liberia (Flag) to Israel (Flag) (2022)

Exports from Israel (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and Israel (Flag)

Israel Exports

Date

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from Liberia than Israel included Lebanon ($106M), Tanzania ($41.5M), and Pakistan ($10.1M).

In 2022, countries that imported more from Israel than Liberia included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

Comparative Advantage Liberia - Israel

Flow
Scale

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

During 2019, Liberia had a large net trade with Israel in the exports of .

During 2017, Israel had a large net trade with Liberia in the exports of Machines ($234k), Miscellaneous ($86k), and Paper Goods ($85k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Israel+$4.03kRefined Petroleum
Top Product Potential Israel Liberia+$258kTelephones

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

Product Space of Liberia (Flag) and Israel (Flag) (2022)

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