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2022
Flag → Flag
Exports $20.4MRnk 1 / 0
2022
Flag → Flag
Exports $62.7BRnk 3 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
 GDP$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC $772CURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH43.3%CURRENT US$
Rnk 55 / 195

About

Liberia-Rwanda Trade: In 2022, Liberia exported $20.4M to Rwanda. The main products that Liberia exported to Rwanda were N/A. Over the past 6 years the exports of Liberia to Rwanda have increased at an annualized rate of 83.3%, from $538k in 2016 to $20.4M in 2022.

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

Rwanda-Liberia In N/A, Rwanda did not export any products to Liberia.

In 2022, Rwanda 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, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $20.4M to Rwanda. There were not main exports from Liberia to Rwanda in 2022. During the last 6 years the exports of Liberia to Rwanda have increased at an annualized rate of 83.3%, from $538k in 2016 to $20.4M in 2022.

Rwanda does not register exports to Liberia.

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

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

Latest Data

Trade between Liberia (Flag) and Rwanda (Flag)

Rwanda Exports

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$708M
Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Liberia than Rwanda included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

In 2023, countries that imported more from Rwanda than Liberia included United Arab Emirates ($895M), China ($131M), and Kenya ($34.5M).

Difference in imports from Rwanda (Flag) and Liberia (Flag) (2023)

Comparative Advantage Liberia - Rwanda

Flow
Scale

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

During 2022, Liberia had a large net trade with Rwanda in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Rwanda+$1.76kGold
Top Product Potential Rwanda Liberia+$1.12kMalt Extract

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

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

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