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Pricing

2022
Flag → Flag
Exports $1.66MRnk 158 / 208
2022
Flag → Flag
Top Product $357kPetroleum Coke
2022
Flag → Flag
Exports $429kRnk 44 / 86
2022
Flag → Flag
Top Product $138kCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Portugal-Liberia Trade: In 2022, Portugal exported $1.66M to Liberia. The main products that Portugal exported to Liberia were Petroleum Coke ($357k), Machinery Having Individual Functions ($309k), and Large Iron Containers ($205k). Over the past 5 years the exports of Portugal to Liberia have decreased at an annualized rate of 2.03%, from $1.84M in 2017 to $1.66M in 2022.

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

Liberia-Portugal Trade: In 2022, Liberia exported $429k to Portugal. The main products that Liberia exported to Portugal were Cocoa Beans ($138k), Petroleum Coke ($93.5k), and Railway Cargo Containers ($86.9k). Over the past 5 years the exports of Liberia to Portugal have increased at an annualized rate of 29.2%,  from $119k in 2017 to $429k in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Latest Trends

September, 2024

About

Overview In September 2024, Portugal exported €894k and imported €16.7k from Liberia, resulting in a positive trade balance of €877k. Between September 2023 and September 2024 the exports of Portugal have increased by €862k (2.7k%) from €32k to €894k, while imports decreased by €-3.9k (-18.9%) from €20.6k to €16.7k.

Trade In September 2024, the top exports of Portugal to Liberia were Mineral fuels, mineral oils and products... (€144k), Meat & edible offal (€22.6k), Iron/Steel Articles (€5.2k), Machinery, mechanical appliances, & parts (€970), and Live animals (€0). In September 2024 the top imports of Portugal from Liberia were Mineral fuels, mineral oils and products... (€6.25k), Iron & steel (€3.33k), Live animals (€0), Meat & edible offal (€0), and Fish, Crustaceans & Molluscs (€0).

Growth In September 2024, the increase in Portugal's year-by-year exports to Liberia was explained primarily by an increase in product exports in Meat & edible offal (€9k or 66.2%) and Iron/Steel Articles (€823 or 18.8%). In September 2024, the decrease in Portugal's year-by-year imports  from Liberia was explained primarily by an decrease in product imports  in Mineral fuels, mineral oils and products... (€-6.04k or -49.1%) and Machinery, mechanical appliances, & parts (€-1.1k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)€862k(2.7k%)
IMPORT GROWTH (September 2023 - September 2024)€-3.9k(-18.9%)

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

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

For full datasets download visit Bulk Download page.

Explore Liberia and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $1.66M to Liberia. The main products exported from Portugal to Liberia were Petroleum Coke ($357k), Machinery Having Individual Functions ($309k), and Large Iron Containers ($205k). During the last 5 years the exports of Portugal to Liberia have decreased at an annualized rate of 2.03%, from $1.84M in 2017 to $1.66M in 2022.

In 2017, Liberia exported $429k to Portugal. The main products exported from Liberia to Portugal were Cocoa Beans ($138k), Petroleum Coke ($93.5k), and Railway Cargo Containers ($86.9k). During the last 5 years the exports of Liberia to Portugal have increased at an annualized rate of 29.2%, from $119k in 2022 to $429k in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Portugal than Liberia included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Liberia than Portugal included Lebanon ($106M), Tanzania ($41.5M), and Malaysia ($57.6M).

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

Comparative Advantage Portugal - Liberia

Flow
Scale

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

During 2022, Portugal had a large net trade with Liberia in the exports of Machines ($511k), Mineral Products ($357k), and Metals ($283k).

During 2017, Liberia had a large net trade with Portugal in the exports of Foodstuffs ($138k), Mineral Products ($93.5k), and Transportation ($88.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Liberia+$161kCentrifuges
Top Product Potential Liberia Portugal+$125kPalm Oil

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

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

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