Liberia (LBR) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

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Liberia-Kazakhstan Trade: In 2023, Liberia exported $7 to Kazakhstan. The main products that Liberia exported to Kazakhstan were Electrical Transformers ($7). Over the past 14 years the exports of Liberia to Kazakhstan have decreased at an annualized rate of 32.1%, from $1.58k in 2009 to $7 in 2023.

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

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

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Liberia exported $7 to Kazakhstan. The main products exported from Liberia to Kazakhstan were Electrical Transformers ($7). During the last 14 years the exports of Liberia to Kazakhstan have decreased at an annualized rate of 32.1%, from $1.58k in 2009 to $7 in 2023.

Kazakhstan does not register exports to Liberia. The main products exported from Kazakhstan to Liberia were Other Office Machines ($2.55k).

Exports from Liberia () to Kazakhstan () (2023)

Exports from Kazakhstan () to Liberia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Liberia than Kazakhstan included Lebanon ($105M), Tanzania ($38M), and Cote d'Ivoire ($26.3M).

In 2023, countries that imported more from Kazakhstan than Liberia included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

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

Comparative Advantage Liberia - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Liberia had a large net trade with Kazakhstan in the exports of Machines ($7).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Kazakhstan+$3.38kGold

Top Product Potential Kazakhstan Liberia+$4.14kRefined 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 Kazakhstan. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Liberia.

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Kazakhstan () (2023)

Exports from Kazakhstan () to Liberia () (2023)

Market Competitiveness

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

Comparative Advantage Liberia - Kazakhstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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