2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$4BCURRENT US$
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2012-2022
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GDP GROWTH
43.3%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$755CURRENT US$
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2012-2022
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GDP PC GROWTH
17.1%CURRENT US$
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About

Spain-Liberia In 2022, Spain exported $20M to Liberia. The main products that Spain exported to Liberia are Iron Railway Products ($4.85M), Unglazed Ceramics ($2.1M), and Pig Meat ($1.12M). During the last 27 years the exports of Spain to Liberia have increased at an annualized rate of 7.28%, from $3M in 1995 to $20M in 2022.

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

Liberia-Spain In 2022, Liberia exported $53.1M to Spain. The main products that Liberia exported to Spain were Iron Ore ($29.4M), Rubber ($15.9M), and Palm Oil ($7.76M). During the last 27 years the exports of Liberia to Spain have increased at an annualized rate of 15.9%, from $986k in 1995 to $53.1M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). 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, Spain exported $20M to Liberia. The main products exported from Spain to Liberia were Iron Railway Products ($4.85M), Unglazed Ceramics ($2.1M), and Pig Meat ($1.12M). During the last 27 years the exports of Spain to Liberia have increased at an annualized rate of 7.28%, from $3M in 1995 to $20M in 2022.

In 2022, Liberia exported $53.1M to Spain. The main products exported from Liberia to Spain were Iron Ore ($29.4M), Rubber ($15.9M), and Palm Oil ($7.76M). During the last 27 years the exports of Liberia to Spain have increased at an annualized rate of 15.9%, from $986k in 1995 to $53.1M in 2022.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Liberia
Top Destination
Switzerland$544M

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

In 2021, countries that imported more from Spain than Liberia were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Liberia than Spain were Rwanda ($18.2M).

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

Comparative Advantage Spain - Liberia

Flow
Scale

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

During 2022, Spain had a large net trade with Liberia in the exports of Metals ($5.71M), Animal Products ($4.01M), and Mineral Products ($2.64M).

During 2022, Liberia had a large net trade with Spain in the exports of Mineral Products ($29.4M), Plastics and Rubbers ($15.9M), and Animal and Vegetable Bi-Products ($7.76M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Liberia. Similarly, the more yellow a dot/product is, the more Liberia has comparative advantage over Spain.

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

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