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2023
Flag → Flag
Exports $67.3MRnk 9 / 112
2023
Flag → Flag
Top Product $63.5MRubber
2023
Flag → Flag
Exports $146MRnk 148 / 220
2023
Flag → Flag
Top Product $36.3MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 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$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Liberia-United States Trade: In 2023, Liberia exported $67.3M to United States. The main products that Liberia exported to United States were Rubber ($63.5M), Diamonds ($935k), and Palm Oil ($866k). Over the past 5 years the exports of Liberia to United States have decreased at an annualized rate of 0.2%, from $68M in 2018 to $67.3M in 2023.

In 2023, Liberia did not export any services to United States.

United States-Liberia Trade: In 2023, United States exported $146M to Liberia. The main products that United States exported to Liberia were Refined Petroleum ($36.3M), Cars ($10.8M), and Used Clothing ($9.62M). Over the past 5 years the exports of United States to Liberia have decreased at an annualized rate of 0.87%,  from $153M in 2018 to $146M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Liberia exported $67.3M to United States. The main products exported from Liberia to United States were Rubber ($63.5M), Diamonds ($935k), and Palm Oil ($866k). During the last 5 years the exports of Liberia to United States have decreased at an annualized rate of 0.2%, from $68M in 2018 to $67.3M in 2023.

In 2018, United States exported $146M to Liberia. The main products exported from United States to Liberia were Refined Petroleum ($36.3M), Cars ($10.8M), and Used Clothing ($9.62M). During the last 5 years the exports of United States to Liberia have decreased at an annualized rate of 0.87%, from $153M in 2023 to $146M in 2018.

Exports from Liberia (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Liberia (Flag) (2023)

Latest Data

Trade between Liberia (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$708M
United States
Top DestinationCanada$269B

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

In 2023, no countries were registered that imported more from Liberia than from United States.

In 2023, countries that imported more from United States than Liberia included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Liberia (Flag) (2023)

Comparative Advantage Liberia - United States

Flow
Scale

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

During 2023, Liberia had a large net trade with United States in the exports of Plastics and Rubbers ($63.5M), Animal and Vegetable Bi-Products ($1.32M), and Precious Metals ($935k).

During 2018, United States had a large net trade with Liberia in the exports of Mineral Products ($36.4M), Transportation ($23.5M), and Machines ($21.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia United States+$6.14MRubber
Top Product Potential United States Liberia+$60.5MRefined 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 United States. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and United States (Flag) (2023)

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