2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC 
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

In N/A, Liberia did not export any services to Somalia.

Somalia-Liberia In false, Somalia did not export any products to Liberia.

In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Somalia
Top Destination
United Arab Emirates$283M

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

In 2022, countries that imported more from Liberia than Somalia included Switzerland ($544M), France ($158M), and Germany ($156M).

In 2022, countries that imported more from Somalia than Liberia included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Somalia+$2kPalm Oil
Top Product Potential Somalia Liberia+$907Refined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Liberia and Somalia. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and Somalia (Flag) (NaN)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with