Ukraine (UKR) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Ukraine-Liberia Trade: In 2022, Ukraine exported $6M to Liberia. The main products that Ukraine exported to Liberia were Seed Oils ($2.69M), Refined Petroleum ($786k), and Eggs ($770k). Over the past 5 years the exports of Ukraine to Liberia have decreased at an annualized rate of 21.5%, from $20.1M in 2017 to $6M in 2022.

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

Liberia-Ukraine Trade: In 2022, Liberia exported $40.1k to Ukraine. The main products that Liberia exported to Ukraine were Rubber ($39.2k) and Semiconductor Devices ($868). Over the past 5 years the exports of Liberia to Ukraine have decreased at an annualized rate of 28.8%, from $1.68M in 2017 to $40.1k in 2022.

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

Comparison: In 2022, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ukraine exported $6M to Liberia. The main products exported from Ukraine to Liberia were Seed Oils ($2.69M), Refined Petroleum ($786k), and Eggs ($770k). During the last 5 years the exports of Ukraine to Liberia have decreased at an annualized rate of 21.5%, from $20.1M in 2017 to $6M in 2022.

In 2017, Liberia exported $40.1k to Ukraine. The main products exported from Liberia to Ukraine were Rubber ($39.2k) and Semiconductor Devices ($868). During the last 5 years the exports of Liberia to Ukraine have decreased at an annualized rate of 28.8%, from $1.68M in 2022 to $40.1k in 2017.

Exports from Ukraine () to Liberia () (2022)

Exports from Liberia () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Liberia ()

Ukraine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$6.7B

Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Ukraine than Liberia included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from Liberia than Ukraine included Switzerland ($544M), Tanzania ($41.5M), and Rwanda ($18.2M).

Difference in imports from Liberia () and Ukraine () (2022)

Comparative Advantage Ukraine - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ukraine had a large net trade with Liberia in the exports of Animal and Vegetable Bi-Products ($2.69M), Animal Products ($1.63M), and Mineral Products ($786k).

During 2017, Liberia had a large net trade with Ukraine in the exports of Plastics and Rubbers ($39.2k) and Machines ($868).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Liberia+$2.16kPassenger and Cargo Ships

Top Product Potential Liberia Ukraine+$3.78kRefined Petroleum

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Liberia () (2022)

Exports from Liberia () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Liberia ()

Ukraine Exports

Market Competitiveness

Difference in imports from Liberia () and Ukraine () (2022)

Comparative Advantage Ukraine - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ukraine () and Liberia () (2022)

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