Liberia (LBR) and Japan (JPN) Trade | The Observatory of Economic Complexity

About

Liberia-Japan Trade: In 2022, Liberia exported $446k to Japan. The main products that Liberia exported to Japan were Scrap Copper ($422k), Low-voltage Protection Equipment ($6.49k), and Scrap Iron ($5.43k). Over the past 5 years the exports of Liberia to Japan have decreased at an annualized rate of 1.44%, from $479k in 2017 to $446k in 2022.

In 2022, Liberia did not export any services to Japan.

Japan-Liberia Trade: In 2022, Japan exported $2.65B to Liberia. The main products that Japan exported to Liberia were Passenger and Cargo Ships ($2.6B), Engine Parts ($13.2M), and Transmissions ($5.24M). Over the past 5 years the exports of Japan to Liberia have increased at an annualized rate of 26.7%, from $811M in 2017 to $2.65B in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $446k to Japan. The main products exported from Liberia to Japan were Scrap Copper ($422k), Low-voltage Protection Equipment ($6.49k), and Scrap Iron ($5.43k). During the last 5 years the exports of Liberia to Japan have decreased at an annualized rate of 1.44%, from $479k in 2017 to $446k in 2022.

In 2017, Japan exported $2.65B to Liberia. The main products exported from Japan to Liberia were Passenger and Cargo Ships ($2.6B), Engine Parts ($13.2M), and Transmissions ($5.24M). During the last 5 years the exports of Japan to Liberia have increased at an annualized rate of 26.7%, from $811M in 2022 to $2.65B in 2017.

Exports from Liberia () to Japan () (2022)

Exports from Japan () to Liberia () (2022)

Latest Data

Trade between Liberia () and Japan ()

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Japan
Top DestinationUnited States$137B

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

In 2022, no countries were registered that imported more from Liberia than from Japan.

In 2022, countries that imported more from Japan than Liberia included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Liberia - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with Japan in the exports of Metals ($431k), Machines ($6.49k), and Plastics and Rubbers ($2.55k).

During 2017, Japan had a large net trade with Liberia in the exports of Transportation ($2.6B), Machines ($36.8M), and Mineral Products ($4.14M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Japan+$507kScrap Copper

Top Product Potential Japan Liberia+$6.3MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Japan () (2022)

Exports from Japan () to Liberia () (2022)

Latest Data

Trade between Liberia () and Japan ()

Japan Exports

Market Competitiveness

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

Comparative Advantage Liberia - Japan

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Liberia () and Japan () (2022)

Keep Exploring