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Pricing

2022
Flag → Flag
Exports $57.6MRnk 10 / 86
2022
Flag → Flag
Top Product $47.3MRubber
2022
Flag → Flag
Exports $22MRnk N/A / N/A
2022
Flag → Flag
Top Product $4.97MPalm Oil

About

Liberia-Malaysia Trade: In 2022, Liberia exported $57.6M to Malaysia. The main products that Liberia exported to Malaysia were Rubber ($47.3M), Cocoa Beans ($10.4M), and Industrial Fatty Acids, Oils and Alcohols ($572). Over the past 5 years the exports of Liberia to Malaysia have increased at an annualized rate of 37.9%, from $11.6M in 2017 to $57.6M in 2022.

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

Malaysia-Liberia Trade: In 2022, Malaysia exported $22M to Liberia. The main products that Malaysia exported to Liberia were Palm Oil ($4.97M), Malt Extract ($3.48M), and Rubberworking Machinery ($2.42M). Over the past 5 years the exports of Malaysia to Liberia have decreased at an annualized rate of 10.7%,  from $38.7M in 2017 to $22M in 2022.

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

Comparison In N/A,  Liberia ranked 144 in total exports ($1.96B). That same year, Malaysia ranked 22 in total exports ($378B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $57.6M to Malaysia. The main products exported from Liberia to Malaysia were Rubber ($47.3M), Cocoa Beans ($10.4M), and Industrial Fatty Acids, Oils and Alcohols ($572). During the last 5 years the exports of Liberia to Malaysia have increased at an annualized rate of 37.9%, from $11.6M in 2017 to $57.6M in 2022.

In 2017, Malaysia exported $22M to Liberia. The main products exported from Malaysia to Liberia were Palm Oil ($4.97M), Malt Extract ($3.48M), and Rubberworking Machinery ($2.42M). During the last 5 years the exports of Malaysia to Liberia have decreased at an annualized rate of 10.7%, from $38.7M in 2022 to $22M in 2017.

Comparative Advantage Liberia - Malaysia

Flow
Scale

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

During 2022, Liberia had a large net trade with Malaysia in the exports of Plastics and Rubbers ($47.3M), Foodstuffs ($10.4M), and Chemical Products ($572).

During 2017, Malaysia had a large net trade with Liberia in the exports of Machines ($6.84M), Animal and Vegetable Bi-Products ($4.97M), and Foodstuffs ($3.89M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Malaysia+$1.58MCocoa Beans
Top Product Potential Malaysia Liberia+$1.27MRefined 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

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

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

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