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2023
Flag → Flag
Exports $41.5MRnk 145 / 224
2023
Flag → Flag
Top Product $6.86MOnions
2023
Flag → Flag
Exports $47.2MRnk 12 / 112
2023
Flag → Flag
Top Product $25.5MCocoa Beans
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

Netherlands-Liberia Trade: In 2023, Netherlands exported $41.5M to Liberia. The main products that Netherlands exported to Liberia were Onions ($6.86M), Bitumen and asphalt ($2.88M), and Malt Extract ($2.84M). Over the past 5 years the exports of Netherlands to Liberia have increased at an annualized rate of 1.41%, from $38.7M in 2018 to $41.5M in 2023.

In 2023, Netherlands did not export any services to Liberia.

Liberia-Netherlands Trade: In 2023, Liberia exported $47.2M to Netherlands. The main products that Liberia exported to Netherlands were Cocoa Beans ($25.5M), Iron Ore ($10.6M), and Palm Oil ($9.55M). Over the past 5 years the exports of Liberia to Netherlands have increased at an annualized rate of 15.2%,  from $20.2M in 2018 to $47.2M in 2023.

In 2023, Liberia did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €1M and imported €2M from Liberia, resulting in a negative trade balance of €1M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-9M (-90%) from €10M to €1M, while imports decreased by €-10M (-83.3%) from €12M to €2M.

Trade In October 2024, the top exports of Netherlands to Liberia were Vegetables, fresh, chilled, frozen or simply... (€1M). In October 2024 the top imports of Netherlands from Liberia were Fixed vegetable fats and oils, crude,... (€3M) and Cocoa (€2M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€-9M(-90%)
IMPORT GROWTH (October 2023 - October 2024)€-10M(-83.3%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Liberia and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Liberia and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $41.5M to Liberia. The main products exported from Netherlands to Liberia were Onions ($6.86M), Bitumen and asphalt ($2.88M), and Malt Extract ($2.84M). During the last 5 years the exports of Netherlands to Liberia have increased at an annualized rate of 1.41%, from $38.7M in 2018 to $41.5M in 2023.

In 2018, Liberia exported $47.2M to Netherlands. The main products exported from Liberia to Netherlands were Cocoa Beans ($25.5M), Iron Ore ($10.6M), and Palm Oil ($9.55M). During the last 5 years the exports of Liberia to Netherlands have increased at an annualized rate of 15.2%, from $20.2M in 2023 to $47.2M in 2018.

Exports from Netherlands (Flag) to Liberia (Flag) (2023)

Exports from Liberia (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Netherlands than Liberia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

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

Comparative Advantage Netherlands - Liberia

Flow
Scale

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

During 2023, Netherlands had a large net trade with Liberia in the exports of Mineral Products ($7.96M), Vegetable Products ($7.6M), and Machines ($7.39M).

During 2018, Liberia had a large net trade with Netherlands in the exports of Foodstuffs ($25.6M), Mineral Products ($10.6M), and Animal and Vegetable Bi-Products ($9.62M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Liberia+$18MRefined Petroleum
Top Product Potential Liberia Netherlands+$6.38MIron Ore

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

Product Space of Netherlands (Flag) and Liberia (Flag) (2023)

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