2023
Flag  
GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
GDP PC 
$772CURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Liberia-New Zealand Trade: In 2023, Liberia exported $26.9k to New Zealand. The main products that Liberia exported to New Zealand were Non-Knit Men's Suits ($9.81k), Non-Knit Men's Shirts ($3.91k), and Non-Knit Women's Suits ($3.04k). Over the past 5 years the exports of Liberia to New Zealand have decreased at an annualized rate of 25.4%, from $116k in 2018 to $26.9k in 2023.

In 2023, Liberia did not export any services to New Zealand.

New Zealand-Liberia Trade: In 2023, New Zealand exported $1.7M to Liberia. The main products that New Zealand exported to Liberia were Concentrated Milk ($731k), Iron Structures ($602k), and Hot-Rolled Iron ($255k). Over the past 5 years the exports of New Zealand to Liberia have increased at an annualized rate of 2.03%,  from $1.53M in 2018 to $1.7M in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Liberia exported $26.9k to New Zealand. The main products exported from Liberia to New Zealand were Non-Knit Men's Suits ($9.81k), Non-Knit Men's Shirts ($3.91k), and Non-Knit Women's Suits ($3.04k). During the last 5 years the exports of Liberia to New Zealand have decreased at an annualized rate of 25.4%, from $116k in 2018 to $26.9k in 2023.

In 2018, New Zealand exported $1.7M to Liberia. The main products exported from New Zealand to Liberia were Concentrated Milk ($731k), Iron Structures ($602k), and Hot-Rolled Iron ($255k). During the last 5 years the exports of New Zealand to Liberia have increased at an annualized rate of 2.03%, from $1.53M in 2023 to $1.7M in 2018.

Exports from Liberia (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Liberia (Flag) (2023)

Latest Data

Trade between Liberia (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$708M
New Zealand
Top Destination
China$12.3B

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

In 2023, countries that imported more from Liberia than New Zealand included Switzerland ($708M), Lebanon ($105M), and Tanzania ($38M).

In 2023, countries that imported more from New Zealand than Liberia included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Liberia (Flag) (2023)

Comparative Advantage Liberia - New Zealand

Flow
Scale

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

During 2023, Liberia had a large net trade with New Zealand in the exports of Textiles ($20.2k), Machines ($2.46k), and Vegetable Products ($1.84k).

During 2018, New Zealand had a large net trade with Liberia in the exports of Metals ($945k), Animal Products ($731k), and Instruments ($18.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia New Zealand+$5.42kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential New Zealand Liberia+$41.4kNon-fillet Frozen Fish

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

Product Space of Liberia (Flag) and New Zealand (Flag) (2023)

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