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Pricing

2022
Flag → Flag
Exports $43.1MRnk 99 / 214
2022
Flag → Flag
Top Product $26.6MRefined Petroleum
2022
Flag → Flag
Exports $13.3MRnk 22 / 86
2022
Flag → Flag
Top Product $9.75MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

South Africa-Liberia Trade: In 2022, South Africa exported $43.1M to Liberia. The main products that South Africa exported to Liberia were Refined Petroleum ($26.6M), Stone Processing Machines ($3.24M), and Soups and Broths ($1.24M). Over the past 5 years the exports of South Africa to Liberia have decreased at an annualized rate of 6.68%, from $60.9M in 2017 to $43.1M in 2022.

In 2022, South Africa did not export any services to Liberia.

Liberia-South Africa Trade: In 2022, Liberia exported $13.3M to South Africa. The main products that Liberia exported to South Africa were Refined Petroleum ($9.75M), Stone Processing Machines ($2.14M), and Scrap Copper ($1.17M). Over the past 5 years the exports of Liberia to South Africa have increased at an annualized rate of 155%,  from $122k in 2017 to $13.3M in 2022.

In 2022, Liberia did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Latest Trends

July, 2024

About

Overview In July 2024, South Africa exported ZAR427M and imported ZAR539k from Liberia, resulting in a positive trade balance of ZAR426M. Between July 2023 and July 2024 the exports of South Africa have increased by ZAR356M (500%) from ZAR71.1M to ZAR427M, while imports decreased by ZAR-5.41M (-90.9%) from ZAR5.95M to ZAR539k.

Trade In July 2024, the top exports of South Africa to Liberia were Refined Petroleum (ZAR105M), Stone Processing Machines (ZAR9.91M), Large Iron Containers (ZAR6.8M), Rubber Tires (ZAR2.77M), and Shaving Products (ZAR1.23M). In July 2024 the top imports of South Africa from Liberia were Scrap Copper (ZAR11.6M), Rubber (ZAR462k), Refined Petroleum (ZAR26.6k), Scrap Iron (ZAR9.26k), and Other Mineral (ZAR175).

Origins In July 2024 the exports of South Africa were mainly from Durban (ZAR406M), Cape Town (ZAR13.5M), Port Elizabeth (ZAR4.01M), Johannesburg (ZAR2.75M), and O.R. Tambo Int Airport (ZAR509k), while imports destinations were mainly O.R. Tambo Int Airport (ZAR524k), Durban (ZAR13.1k), and Richards Bay (ZAR1.8k).

Growth In July 2024, the increase in South Africa's year-by-year exports to Liberia was explained primarily by an increase in product exports in Refined Petroleum (ZAR104M or 11.4k%), Rubber Tires (ZAR2.62M or 1.77k%), and Rolled Tobacco (ZAR630k or 805%). In July 2024, the decrease in South Africa's year-by-year imports  from Liberia was explained primarily by an decrease in product imports  in Rubber (ZAR-1.34M or -74.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)ZAR356M(500%)
IMPORT GROWTH (July 2023 - July 2024)ZAR-5.41M(-90.9%)
MAIN EXPORTER (July 2024)DurbanZAR406M

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

To check Liberia and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Liberia and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $43.1M to Liberia. The main products exported from South Africa to Liberia were Refined Petroleum ($26.6M), Stone Processing Machines ($3.24M), and Soups and Broths ($1.24M). During the last 5 years the exports of South Africa to Liberia have decreased at an annualized rate of 6.68%, from $60.9M in 2017 to $43.1M in 2022.

In 2017, Liberia exported $13.3M to South Africa. The main products exported from Liberia to South Africa were Refined Petroleum ($9.75M), Stone Processing Machines ($2.14M), and Scrap Copper ($1.17M). During the last 5 years the exports of Liberia to South Africa have increased at an annualized rate of 155%, from $122k in 2022 to $13.3M in 2017.

Exports from South Africa (Flag) to Liberia (Flag) (2022)

Exports from Liberia (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from South Africa than Liberia included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Liberia than South Africa included Lebanon ($106M) and Cyprus ($53.7M).

Difference in imports from Liberia (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Liberia

Flow
Scale

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

During 2022, South Africa had a large net trade with Liberia in the exports of Mineral Products ($27M), Machines ($7.47M), and Foodstuffs ($2.45M).

During 2017, Liberia had a large net trade with South Africa in the exports of Mineral Products ($9.83M), Machines ($2.14M), and Metals ($1.17M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Liberia+$5.76MRefined Petroleum
Top Product Potential Liberia South Africa+$7.57MRefined 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

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

Product Space of South Africa (Flag) and Liberia (Flag) (2022)

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