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Pricing

2023
Flag → Flag
Exports $77.9MRnk 80 / 211
2023
Flag → Flag
Top Product $35.7MRefined Petroleum
2023
Flag → Flag
Exports $3.78MRnk 31 / 112
2023
Flag → Flag
Top Product $1.03MMill Machinery
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
 GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC $6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

South Africa-Liberia Trade: In 2023, South Africa exported $77.9M to Liberia. The main products that South Africa exported to Liberia were Refined Petroleum ($35.7M), Stone Processing Machines ($13.1M), and Delivery Trucks ($4.9M). Over the past 5 years the exports of South Africa to Liberia have increased at an annualized rate of 10.3%, from $47.7M in 2018 to $77.9M in 2023.

In 2023, South Africa did not export any services to Liberia.

Liberia-South Africa Trade: In 2023, Liberia exported $3.78M to South Africa. The main products that Liberia exported to South Africa were Mill Machinery ($1.03M), Rubber ($983k), and Scrap Copper ($787k). Over the past 5 years the exports of Liberia to South Africa have increased at an annualized rate of 11.2%,  from $2.22M in 2018 to $3.78M in 2023.

In 2023, Liberia did not export any services to South Africa.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR127M and imported ZAR95.3k from Liberia, resulting in a positive trade balance of ZAR127M. Between November 2023 and November 2024 the exports of South Africa have decreased by ZAR-27.7M (-17.9%) from ZAR154M to ZAR127M, while imports decreased by ZAR-652k (-87.2%) from ZAR747k to ZAR95.3k.

Trade In November 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 November 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 November 2024 the exports of South Africa were mainly from Durban (ZAR104M), Cape Town (ZAR11.7M), Port Elizabeth (ZAR7.87M), O.R. Tambo Int Airport (ZAR1.75M), and Johannesburg (ZAR1.41M), while imports destinations were mainly Durban (ZAR88.4k), Cape Town (ZAR6.98k), and O.R. Tambo Int Airport (ZAR18).

Growth In November 2024, the decrease in South Africa's year-by-year exports to Liberia was explained primarily by an decrease in product exports in Dental Products (ZAR-94.9k or -35.3%), Soap (ZAR-14.1k or -6.42%), and Beer (ZAR-4.97k or -70.6%). In November 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 (November 2023 - November 2024)ZAR-27.7M(-17.9%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-652k(-87.2%)
MAIN EXPORTER (November 2024)DurbanZAR104M

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 2023, South Africa exported $77.9M to Liberia. The main products exported from South Africa to Liberia were Refined Petroleum ($35.7M), Stone Processing Machines ($13.1M), and Delivery Trucks ($4.9M). During the last 5 years the exports of South Africa to Liberia have increased at an annualized rate of 10.3%, from $47.7M in 2018 to $77.9M in 2023.

In 2018, Liberia exported $3.78M to South Africa. The main products exported from Liberia to South Africa were Mill Machinery ($1.03M), Rubber ($983k), and Scrap Copper ($787k). During the last 5 years the exports of Liberia to South Africa have increased at an annualized rate of 11.2%, from $2.22M in 2023 to $3.78M in 2018.

Exports from South Africa (Flag) to Liberia (Flag) (2023)

Exports from Liberia (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Liberia
Top DestinationSwitzerland$708M

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 2023, countries that imported more from South Africa than Liberia included China ($29.5B), United States ($13B), and India ($10.8B).

In 2023, countries that imported more from Liberia than South Africa included Lebanon ($105M) and North Korea ($38.5k).

Difference in imports from Liberia (Flag) and South Africa (Flag) (2023)

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 2023, South Africa had a large net trade with Liberia in the exports of Mineral Products ($35.7M), Machines ($22.7M), and Transportation ($6.94M).

During 2018, Liberia had a large net trade with South Africa in the exports of Machines ($1.48M), Plastics and Rubbers ($1.02M), and Metals ($789k).

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) (2023)

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