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2022
Flag → Flag
Exports $1.06MRnk 103 / 166
2022
Flag → Flag
Top Product $287kUncoated Paper
2022
Flag → Flag
Exports $950kRnk 39 / 86
2022
Flag → Flag
Top Product $329kCars
2022
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Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
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Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
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GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
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 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
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GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
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GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
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GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
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GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
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GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Nigeria-Liberia In 2022, Nigeria exported $1.06M to Liberia. The main products that Nigeria exported to Liberia are Uncoated Paper ($287k), Hair Products ($184k), and Beer ($93k). During the last 26 years the exports of Nigeria to Liberia have increased at an annualized rate of 1.86%, from $656k in 1996 to $1.06M in 2022.

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

Liberia-Nigeria In 2022, Liberia exported $950k to Nigeria. The main products that Liberia exported to Nigeria were Cars ($329k), Soldering and Welding Machinery ($95.1k), and Large Construction Vehicles ($91.6k). During the last 26 years the exports of Liberia to Nigeria have increased at an annualized rate of 13%, from $39.8k in 1996 to $950k in 2022.

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

Comparison In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). 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, Nigeria exported $1.06M to Liberia. The main products exported from Nigeria to Liberia were Uncoated Paper ($287k), Hair Products ($184k), and Beer ($93k). During the last 26 years the exports of Nigeria to Liberia have increased at an annualized rate of 1.86%, from $656k in 1996 to $1.06M in 2022.

In 2022, Liberia exported $950k to Nigeria. The main products exported from Liberia to Nigeria were Cars ($329k), Soldering and Welding Machinery ($95.1k), and Large Construction Vehicles ($91.6k). During the last 26 years the exports of Liberia to Nigeria have increased at an annualized rate of 13%, from $39.8k in 1996 to $950k in 2022.

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

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

Latest Data

Trade between Nigeria (Flag) and Liberia (Flag)

Nigeria Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Liberia
Top DestinationSwitzerland$544M

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

In 2021, countries that imported more from Nigeria than Liberia were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Liberia than Nigeria were Lebanon ($106M), Cyprus ($53.7M), and Tanzania ($41.5M).

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

Comparative Advantage Nigeria - Liberia

Flow
Scale

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

During 2022, Nigeria had a large net trade with Liberia in the exports of Paper Goods ($323k), Chemical Products ($311k), and Foodstuffs ($195k).

During 2022, Liberia had a large net trade with Nigeria in the exports of Transportation ($493k), Machines ($346k), and Metals ($34.5k).

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

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

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