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2022
Flag → Flag
Exports $245MRnk 104 / 219
2022
Flag → Flag
Top Product $82.5MRefined Petroleum
2022
Flag → Flag
Exports $8.39MRnk 27 / 86
2022
Flag → Flag
Top Product $5.87MPassenger and Cargo Ships
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Turkey-Liberia Trade: In 2022, Turkey exported $245M to Liberia. The main products that Turkey exported to Liberia were Refined Petroleum ($82.5M), Nitrogenous Fertilizers ($9.08M), and Centrifuges ($8.78M). Over the past 5 years the exports of Turkey to Liberia have increased at an annualized rate of 7.48%, from $171M in 2017 to $245M in 2022.

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

Liberia-Turkey Trade: In 2022, Liberia exported $8.39M to Turkey. The main products that Liberia exported to Turkey were Passenger and Cargo Ships ($5.87M), Cocoa Beans ($748k), and Rubber ($654k). Over the past 5 years the exports of Liberia to Turkey have increased at an annualized rate of 1.86%,  from $7.65M in 2017 to $8.39M in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $245M to Liberia. The main products exported from Turkey to Liberia were Refined Petroleum ($82.5M), Nitrogenous Fertilizers ($9.08M), and Centrifuges ($8.78M). During the last 5 years the exports of Turkey to Liberia have increased at an annualized rate of 7.48%, from $171M in 2017 to $245M in 2022.

In 2017, Liberia exported $8.39M to Turkey. The main products exported from Liberia to Turkey were Passenger and Cargo Ships ($5.87M), Cocoa Beans ($748k), and Rubber ($654k). During the last 5 years the exports of Liberia to Turkey have increased at an annualized rate of 1.86%, from $7.65M in 2022 to $8.39M in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Liberia (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Turkey than Liberia included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, no countries were registered that imported more from Liberia than from Turkey.

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

Comparative Advantage Turkey - Liberia

Flow
Scale

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

During 2022, Turkey had a large net trade with Liberia in the exports of Mineral Products ($90.5M), Machines ($57.8M), and Chemical Products ($23.7M).

During 2017, Liberia had a large net trade with Turkey in the exports of Transportation ($5.89M), Foodstuffs ($776k), and Plastics and Rubbers ($654k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Turkey and Liberia. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Turkey.

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

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