Liberia (LBR) and Pakistan (PAK) Trade | The Observatory of Economic Complexity

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Liberia-Pakistan Trade: In 2022, Liberia exported $10.1M to Pakistan. The main products that Liberia exported to Pakistan were Refined Petroleum ($9.99M), Medical Instruments ($112k), and Scrap Iron ($30.4k). Over the past 6 years the exports of Liberia to Pakistan have increased at an annualized rate of 82.8%, from $272k in 2016 to $10.1M in 2022.

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

Pakistan-Liberia Trade: In 2022, Pakistan exported $2.5M to Liberia. The main products that Pakistan exported to Liberia were Used Clothing ($1.78M), House Linens ($182k), and Confectionery Sugar ($180k). Over the past 6 years the exports of Pakistan to Liberia have increased at an annualized rate of 29.9%, from $675k in 2016 to $2.5M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $10.1M to Pakistan. The main products exported from Liberia to Pakistan were Refined Petroleum ($9.99M), Medical Instruments ($112k), and Scrap Iron ($30.4k). During the last 6 years the exports of Liberia to Pakistan have increased at an annualized rate of 82.8%, from $272k in 2016 to $10.1M in 2022.

In 2017, Pakistan exported $2.5M to Liberia. The main products exported from Pakistan to Liberia were Used Clothing ($1.78M), House Linens ($182k), and Confectionery Sugar ($180k). During the last 5 years the exports of Pakistan to Liberia have increased at an annualized rate of 29.9%, from $675k in 2022 to $2.5M in 2017.

Exports from Liberia () to Pakistan () (2022)

Exports from Pakistan () to Liberia () (2022)

Latest Data

Trade between Liberia () and Pakistan ()

Pakistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Pakistan
Top DestinationUnited States$6.47B

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

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

In 2022, countries that imported more from Pakistan than Liberia included United States ($6.47B), China ($2.79B), and Germany ($2.8B).

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

Comparative Advantage Liberia - Pakistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with Pakistan in the exports of Mineral Products ($9.99M), Instruments ($112k), and Metals ($30.4k).

During 2017, Pakistan had a large net trade with Liberia in the exports of Textiles ($2.05M), Foodstuffs ($257k), and Plastics and Rubbers ($127k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Pakistan+$6.13MRefined Petroleum

Top Product Potential Pakistan Liberia+$173kHouse Linens

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Pakistan () (2022)

Exports from Pakistan () to Liberia () (2022)

Latest Data

Trade between Liberia () and Pakistan ()

Pakistan Exports

Market Competitiveness

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

Comparative Advantage Liberia - Pakistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Pakistan () (2022)

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