Liberia (LBR) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Liberia-Mexico Trade: In 2013, Liberia exported $379k to Mexico. The main products that Liberia exported to Mexico were N/A. Over the past 5 years the exports of Liberia to Mexico have decreased at an annualized rate of 13.3%, from $775k in 2008 to $379k in 2013.

In 2013, Liberia did not export any services to Mexico.

Mexico-Liberia Trade: In 2013, Mexico exported $148k to Liberia. The main products that Mexico exported to Liberia were N/A. Over the past 5 years the exports of Mexico to Liberia have decreased at an annualized rate of 48.9%, from $4.22M in 2008 to $148k in 2013.

In 2013, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Liberia exported $379k to Mexico. There were not main exports from Liberia to Mexico in 2013. During the last 5 years the exports of Liberia to Mexico have decreased at an annualized rate of 13.3%, from $775k in 2008 to $379k in 2013.

In 2008, Mexico exported $148k to Liberia. There were not main exports from Mexico to Liberia in 2008. During the last 5 years the exports of Mexico to Liberia have decreased at an annualized rate of 48.9%, from $4.22M in 2013 to $148k in 2008.

Exports from Liberia () to Mexico () (2013)

Exports from Mexico () to Liberia () (2013)

Latest Data

Trade between Liberia () and Mexico ()

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Liberia than Mexico included Cyprus ($53.7M), Tanzania ($41.5M), and Rwanda ($18.2M).

In 2022, countries that imported more from Mexico than Liberia included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Liberia - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Liberia had a large net trade with Mexico in the exports of N/A.

During 2008, Mexico 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 Mexico+$5.97kRefined Petroleum

Top Product Potential Mexico Liberia+$5.29kRefined 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 Mexico. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Liberia.

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Historical Data

Bilateral Trade by Products

Exports from Liberia () to Mexico () (2013)

Exports from Mexico () to Liberia () (2013)

Latest Data

Trade between Liberia () and Mexico ()

Mexico Exports

Market Competitiveness

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

Comparative Advantage Liberia - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Mexico () (2013)

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