2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC 
$21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC
$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195

About

Oman-Liberia Trade: In 2023, Oman exported $6.18M to Liberia. The main products that Oman exported to Liberia were Non-fillet Frozen Fish ($2.75M), Baked Goods ($902k), and Ethylene Polymers ($843k). Over the past 5 years the exports of Oman to Liberia have increased at an annualized rate of 41.3%, from $1.1M in 2018 to $6.18M in 2023.

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

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

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

Comparison: In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $6.18M to Liberia. The main products exported from Oman to Liberia were Non-fillet Frozen Fish ($2.75M), Baked Goods ($902k), and Ethylene Polymers ($843k). During the last 5 years the exports of Oman to Liberia have increased at an annualized rate of 41.3%, from $1.1M in 2018 to $6.18M in 2023.

Liberia does not register exports to Oman.

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

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

Latest Data

Trade between Oman (Flag) and Liberia (Flag)

Oman Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Liberia
Top Destination
Switzerland$708M

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

In 2023, countries that imported more from Oman than Liberia included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Liberia than Oman included Switzerland ($708M), Lebanon ($105M), and France ($197M).

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

Comparative Advantage Oman - Liberia

Flow
Scale

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

During 2023, Oman had a large net trade with Liberia in the exports of Animal Products ($3.33M), Plastics and Rubbers ($929k), and Foodstuffs ($918k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Liberia+$83kEthylene Polymers
Top Product Potential Liberia Oman+$3.6kGold

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

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

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