Liberia (LBR) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Liberia-Nepal Trade: In 2021, Liberia exported $595k to Nepal. The main products that Liberia exported to Nepal were N/A. Over the past 6 years the exports of Liberia to Nepal have increased at an annualized rate of 84.9%, from $14.9k in 2015 to $595k in 2021.

In 2021, Liberia did not export any services to Nepal.

Nepal-Liberia Trade: In 2021, Nepal exported $10.1k to Liberia. The main products that Nepal exported to Liberia were Travel Kits ($10.1k). Over the past 6 years the exports of Nepal to Liberia have increased at an annualized rate of 56.4%, from $1.08k in 2015 to $10.1k in 2021.

In 2021, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Liberia exported $595k to Nepal. There were not main exports from Liberia to Nepal in 2021. During the last 6 years the exports of Liberia to Nepal have increased at an annualized rate of 84.9%, from $14.9k in 2015 to $595k in 2021.

In 2018, Nepal exported $10.1k to Liberia. The main products exported from Nepal to Liberia were Travel Kits ($10.1k). During the last 5 years the exports of Nepal to Liberia have increased at an annualized rate of 56.4%, from $1.08k in 2023 to $10.1k in 2018.

Exports from Liberia () to Nepal () (2023)

Exports from Nepal () to Liberia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Liberia than Nepal included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

In 2023, countries that imported more from Nepal than Liberia included India ($811M), United States ($140M), and Japan ($13M).

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

Comparative Advantage Liberia - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Liberia had a large net trade with Nepal in the exports of .

During 2018, Nepal had a large net trade with Liberia in the exports of Miscellaneous ($10.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Nepal+$3.3kGold

Top Product Potential Nepal Liberia+$8.63kVaccines, blood, antisera, toxins and cultures

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

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Historical Data

Bilateral Trade by Products

Exports from Liberia () to Nepal () (2023)

Exports from Nepal () to Liberia () (2023)

Market Competitiveness

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

Comparative Advantage Liberia - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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