2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Liberia-India In 2022, Liberia exported $23.6M to India. The main products that Liberia exported to India are Palm Oil ($7.64M), Gold ($3.86M), and Scrap Aluminium ($3.84M). During the last 26 years the exports of Liberia to India have increased at an annualized rate of 1.27%, from $17M in 1996 to $23.6M in 2022.

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

India-Liberia In 2022, India exported $240M to Liberia. The main products that India exported to Liberia were Rice ($121M), Packaged Medicaments ($15.3M), and Motorcycles and cycles ($14.2M). During the last 26 years the exports of India to Liberia have increased at an annualized rate of 11.8%, from $13.3M in 1996 to $240M in 2022.

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

Comparison In 2022,  Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $23.6M to India. The main products exported from Liberia to India were Palm Oil ($7.64M), Gold ($3.86M), and Scrap Aluminium ($3.84M). During the last 26 years the exports of Liberia to India have increased at an annualized rate of 1.27%, from $17M in 1996 to $23.6M in 2022.

In 2022, India exported $240M to Liberia. The main products exported from India to Liberia were Rice ($121M), Packaged Medicaments ($15.3M), and Motorcycles and cycles ($14.2M). During the last 27 years the exports of India to Liberia have increased at an annualized rate of 11.8%, from $13.3M in 1995 to $240M in 2022.

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

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

Latest Data

Trade between Liberia (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
India
Top Destination
United States$82.9B

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

In 2019, no countries were registered that imported more from Liberia than from India.

In 2021, countries that imported more from India than Liberia were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Liberia - India

Flow
Scale

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

During 2022, Liberia had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($10.6M), Metals ($5.46M), and Precious Metals ($3.9M).

During 2022, India had a large net trade with Liberia in the exports of Vegetable Products ($121M), Transportation ($34.5M), and Chemical Products ($22.1M).

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 Liberia has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Liberia.

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

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