Liberia (LBR) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Liberia-New Zealand Trade: In 2022, Liberia exported $4.41k to New Zealand. The main products that Liberia exported to New Zealand were Motor vehicles; parts and accessories (8701 to 8705) ($2.2k), Pasta ($1.15k), and Orthopedic Appliances ($764). Over the past 5 years the exports of Liberia to New Zealand have decreased at an annualized rate of 76.8%, from $6.52M in 2017 to $4.41k in 2022.

In 2022, Liberia did not export any services to New Zealand.

New Zealand-Liberia Trade: In 2022, New Zealand exported $900k to Liberia. The main products that New Zealand exported to Liberia were Iron Structures ($689k), Non-fillet Frozen Fish ($161k), and Iron Nails ($22.8k). Over the past 5 years the exports of New Zealand to Liberia have increased at an annualized rate of 9.01%, from $584k in 2017 to $900k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $4.41k to New Zealand. The main products exported from Liberia to New Zealand were Motor vehicles; parts and accessories (8701 to 8705) ($2.2k), Pasta ($1.15k), and Orthopedic Appliances ($764). During the last 5 years the exports of Liberia to New Zealand have decreased at an annualized rate of 76.8%, from $6.52M in 2017 to $4.41k in 2022.

In 2017, New Zealand exported $900k to Liberia. The main products exported from New Zealand to Liberia were Iron Structures ($689k), Non-fillet Frozen Fish ($161k), and Iron Nails ($22.8k). During the last 5 years the exports of New Zealand to Liberia have increased at an annualized rate of 9.01%, from $584k in 2022 to $900k in 2017.

Exports from Liberia () to New Zealand () (2022)

Exports from New Zealand () to Liberia () (2022)

Latest Data

Trade between Liberia () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from New Zealand than Liberia included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Liberia () (2022)

Comparative Advantage Liberia - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with New Zealand in the exports of Transportation ($2.2k), Foodstuffs ($1.15k), and Instruments ($764).

During 2017, New Zealand had a large net trade with Liberia in the exports of Metals ($712k), Animal Products ($161k), and Instruments ($16.9k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to New Zealand () (2022)

Exports from New Zealand () to Liberia () (2022)

Latest Data

Trade between Liberia () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Liberia () (2022)

Comparative Advantage Liberia - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and New Zealand () (2022)

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