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Pricing

2022
Flag → Flag
Exports $5.4MRnk 148 / 217
2022
Flag → Flag
Exports $3.77kRnk 70 / 86
2022
Flag → Flag
Top Product $2.93kPalm Oil
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Sweden-Liberia Trade: In 2022, Sweden exported $5.4M to Liberia. The main products that Sweden exported to Liberia were N/A. Over the past 5 years the exports of Sweden to Liberia have decreased at an annualized rate of 20.5%, from $17.1M in 2017 to $5.4M in 2022.

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

Liberia-Sweden Trade: In 2022, Liberia exported $3.77k to Sweden. The main products that Liberia exported to Sweden were Palm Oil ($2.93k), Other Sugars ($478), and Seed Oils ($178). Over the past 5 years the exports of Liberia to Sweden have decreased at an annualized rate of 68%,  from $1.13M in 2017 to $3.77k in 2022.

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

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Latest Trends

May, 2024

About

Overview In May 2024, Sweden exported SEK12.8M and imported SEK59.2M from Liberia, resulting in a negative trade balance of SEK46.4M. Between May 2023 and May 2024 the exports of Sweden have increased by SEK10.6M (473%) from SEK2.24M to SEK12.8M, while imports increased by SEK59.2M (5.92M%) from SEK1k to SEK59.2M.

Trade In May 2024, the top exports of Sweden to Liberia were Preserved Meat (SEK526k), Processed Cereals (SEK16k), Low-voltage Protection Equipment (SEK11k), Telephones (SEK4k), and Precious Metal Watches (SEK3k). In May 2024 the top imports of Sweden from Liberia were .

Growth In May 2024, the increase in Sweden's year-by-year exports to Liberia was explained primarily by an increase in product exports in Preserved Meat (SEK113k or 27.4%). In May 2024, the increase in Sweden's year-by-year imports  from Liberia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)SEK10.6M(473%)
IMPORT GROWTH (May 2023 - May 2024)SEK59.2M(5.92M%)

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

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

For full datasets download visit Bulk Download page.

Explore Liberia and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $5.4M to Liberia. There were not main exports from Sweden to Liberia in 2022. During the last 5 years the exports of Sweden to Liberia have decreased at an annualized rate of 20.5%, from $17.1M in 2017 to $5.4M in 2022.

In 2017, Liberia exported $3.77k to Sweden. The main products exported from Liberia to Sweden were Palm Oil ($2.93k), Other Sugars ($478), and Seed Oils ($178). During the last 5 years the exports of Liberia to Sweden have decreased at an annualized rate of 68%, from $1.13M in 2022 to $3.77k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Sweden than Liberia included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, countries that imported more from Liberia than Sweden included Lebanon ($106M) and Rwanda ($18.2M).

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

Comparative Advantage Sweden - Liberia

Flow
Scale

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

During 2022, Sweden had a large net trade with Liberia in the exports of Machines ($4.22M), Animal Products ($719k), and Metals ($193k).

During 2017, Liberia had a large net trade with Sweden in the exports of Animal and Vegetable Bi-Products ($3.11k), Foodstuffs ($478), and Chemical Products ($188).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Liberia+$416kTelephones
Top Product Potential Liberia Sweden+$23.3kPalm 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 Sweden and Liberia. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Sweden.

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

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