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2022
Flag → Flag
Exports $12.3kRnk 63 / 86
2022
Flag → Flag
Top Product $12.3kSoap
2022
Flag → Flag
Exports $241kRnk 159 / 205
2022
Flag → Flag
Top Product $122kOther Plastic Products
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Liberia-Philippines Trade: In 2022, Liberia exported $12.3k to Philippines. The main products that Liberia exported to Philippines were Soap ($12.3k). Over the past 6 years the exports of Liberia to Philippines have increased at an annualized rate of 97.8%, from $206 in 2016 to $12.3k in 2022.

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

Philippines-Liberia Trade: In 2022, Philippines exported $241k to Liberia. The main products that Philippines exported to Liberia were Other Plastic Products ($122k), Knit T-shirts ($44.3k), and Baked Goods ($44k). Over the past 6 years the exports of Philippines to Liberia have increased at an annualized rate of 115%,  from $5.27k in 2016 to $241k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $12.3k to Philippines. The main products exported from Liberia to Philippines were Soap ($12.3k). During the last 6 years the exports of Liberia to Philippines have increased at an annualized rate of 97.8%, from $206 in 2016 to $12.3k in 2022.

In 2017, Philippines exported $241k to Liberia. The main products exported from Philippines to Liberia were Other Plastic Products ($122k), Knit T-shirts ($44.3k), and Baked Goods ($44k). During the last 5 years the exports of Philippines to Liberia have increased at an annualized rate of 115%, from $5.27k in 2022 to $241k in 2017.

Exports from Liberia (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$544M
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Liberia than Philippines included Lebanon ($106M), Cyprus ($53.7M), and Tanzania ($41.5M).

In 2022, countries that imported more from Philippines than Liberia included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

Difference in imports from Philippines (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - Philippines

Flow
Scale

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

During 2022, Liberia had a large net trade with Philippines in the exports of Chemical Products ($12.3k).

During 2017, Philippines had a large net trade with Liberia in the exports of Plastics and Rubbers ($122k), Textiles ($46.9k), and Foodstuffs ($44k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Philippines+$4.66kRefined Petroleum
Top Product Potential Philippines Liberia+$3.45kPassenger and Cargo Ships

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

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

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