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Pricing

2022
Flag → Flag
Exports $99.1kRnk 56 / 86
2022
Flag → Flag
Top Product $99.1kPalm Oil
2022
Flag → Flag
Exports $2.47MRnk 122 / 194
2022
Flag → Flag
Top Product $1.66MBaked Goods
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Liberia-Sri Lanka Trade: In 2022, Liberia exported $99.1k to Sri Lanka. The main products that Liberia exported to Sri Lanka were Palm Oil ($99.1k) and Other Aluminium Products ($5). Over the past 7 years the exports of Liberia to Sri Lanka have increased at an annualized rate of 21.2%, from $25.8k in 2015 to $99.1k in 2022.

In 2022, Liberia did not export any services to Sri Lanka.

Sri Lanka-Liberia Trade: In 2022, Sri Lanka exported $2.47M to Liberia. The main products that Sri Lanka exported to Liberia were Baked Goods ($1.66M), Tea ($405k), and Refined Petroleum ($289k). Over the past 7 years the exports of Sri Lanka to Liberia have increased at an annualized rate of 27.2%,  from $741k in 2015 to $2.47M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $99.1k to Sri Lanka. The main products exported from Liberia to Sri Lanka were Palm Oil ($99.1k) and Other Aluminium Products ($5). During the last 7 years the exports of Liberia to Sri Lanka have increased at an annualized rate of 21.2%, from $25.8k in 2015 to $99.1k in 2022.

In 2017, Sri Lanka exported $2.47M to Liberia. The main products exported from Sri Lanka to Liberia were Baked Goods ($1.66M), Tea ($405k), and Refined Petroleum ($289k). During the last 5 years the exports of Sri Lanka to Liberia have increased at an annualized rate of 27.2%, from $741k in 2022 to $2.47M in 2017.

Exports from Liberia (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and Sri Lanka (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$544M
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Liberia than Sri Lanka included Switzerland ($544M), Lebanon ($106M), and Cyprus ($53.7M).

In 2022, countries that imported more from Sri Lanka than Liberia included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - Sri Lanka

Flow
Scale

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

During 2022, Liberia had a large net trade with Sri Lanka in the exports of Animal and Vegetable Bi-Products ($99.1k) and Metals ($5).

During 2017, Sri Lanka had a large net trade with Liberia in the exports of Foodstuffs ($1.66M), Vegetable Products ($405k), and Mineral Products ($289k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Sri Lanka+$3.3kRefined Petroleum
Top Product Potential Sri Lanka Liberia+$2.09kPassenger and Cargo Ships

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

Product Space of Liberia (Flag) and Sri Lanka (Flag) (2022)

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