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2021
Flag → Flag
Exports $67.1kRnk 212 / 0
2021
Flag → Flag
Exports $310kRnk 27 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.53Rnk 125 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH43.9%CURRENT US$
Rnk 78 / 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$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH13.8%CURRENT US$
Rnk 100 / 186

About

Liberia-Papua New Guinea Trade: In 2021, Liberia exported $67.1k to Papua New Guinea. The main products that Liberia exported to Papua New Guinea were N/A. Over the past 21 years the exports of Liberia to Papua New Guinea have decreased at an annualized rate of 3.18%, from $132k in 2000 to $67.1k in 2021.

In 2021, Liberia did not export any services to Papua New Guinea.

Papua New Guinea-Liberia In false, Papua New Guinea did not export any products to Liberia.

In 2021, Papua New Guinea 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, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Liberia exported $67.1k to Papua New Guinea. There were not main exports from Liberia to Papua New Guinea in 2021. During the last 21 years the exports of Liberia to Papua New Guinea have decreased at an annualized rate of 3.18%, from $132k in 2000 to $67.1k in 2021.

Papua New Guinea does not register exports to Liberia.

Exports from Liberia (Flag) to Papua New Guinea (Flag) (2021)

Exports from Papua New Guinea (Flag) to Liberia (Flag) (2021)

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$544M
Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Liberia than Papua New Guinea included Switzerland ($544M), France ($158M), and Poland ($124M).

In 2022, countries that imported more from Papua New Guinea than Liberia included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

Difference in imports from Papua New Guinea (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - Papua New Guinea

Flow
Scale

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

During 2021, Liberia had a large net trade with Papua New Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Papua New Guinea+$2.25kRefined Petroleum
Top Product Potential Papua New Guinea Liberia+$3.3kRefined Petroleum

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

Product Space of Liberia (Flag) and Papua New Guinea (Flag) (2021)

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