2022
Flag
 GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

In N/A, Venezuela did not export any services to Liberia.

Liberia-Venezuela Trade: In N/A, Liberia exported $19.9k to Venezuela. The main products that Liberia exported to Venezuela were N/A. Over the past N/A years the exports of Liberia to Venezuela have decreased at an annualized rate of 58.5%,  from $1.62M in N/A to $19.9k in N/A.

In N/A, Liberia did not export any services to Venezuela.

Comparison: In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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

Venezuela does not register exports to Liberia.

In 2008, Liberia exported $19.9k to Venezuela. There were not main exports from Liberia to Venezuela in 2008. During the last 5 years the exports of Liberia to Venezuela have decreased at an annualized rate of 58.5%, from $1.62M in 2013 to $19.9k in 2008.

Exports from Venezuela (Flag) to Liberia (Flag) (2013)

Exports from Liberia (Flag) to Venezuela (Flag) (2013)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Liberia
Top Destination
Switzerland$544M

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

In 2022, countries that imported more from Venezuela than Liberia included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Liberia than Venezuela included Switzerland ($544M), United Kingdom ($148M), and Germany ($156M).

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

Comparative Advantage Venezuela - Liberia

Flow
Scale

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

During 2008, Liberia had a large net trade with Venezuela in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Venezuela Liberia+N/AN/A
Top Product Potential Liberia Venezuela+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Liberia (Flag) (2013)

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