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2022
Flag → Flag
Exports $1.66MRnk 158 / 208
2022
Flag → Flag
Top Product $357kPetroleum Coke
2022
Flag → Flag
Exports $429kRnk 44 / 86
2022
Flag → Flag
Top Product $138kCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
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Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
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GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
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GDP PC GROWTH18%CURRENT US$
Rnk 94 / 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

Portugal-Liberia In 2022, Portugal exported $1.66M to Liberia. The main products that Portugal exported to Liberia are Petroleum Coke ($357k), Machinery Having Individual Functions ($309k), and Large Iron Containers ($205k). During the last 27 years the exports of Portugal to Liberia have increased at an annualized rate of 5.43%, from $398k in 1995 to $1.66M in 2022.

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

Liberia-Portugal In 2022, Liberia exported $429k to Portugal. The main products that Liberia exported to Portugal were Cocoa Beans ($138k), Petroleum Coke ($93.5k), and Railway Cargo Containers ($86.9k). During the last 27 years the exports of Liberia to Portugal have increased at an annualized rate of 4.19%, from $142k in 1995 to $429k in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Latest Trends

February, 2024

About

Overview In February 2024, Portugal exported €38.8k and imported €18.5k from Liberia, resulting in a positive trade balance of €20.3k. Between February 2023 and February 2024 the exports of Portugal have decreased by €-698k (-94.7%) from €737k to €38.8k, while imports decreased by €-8.37k (-31.2%) from €26.8k to €18.5k.

Trade In February 2024, the top exports of Portugal to Liberia were Mineral fuels, mineral oils and products... (€144k), Meat & edible offal (€22.6k), Iron or steel articles (€5.2k), Machinery, mechanical appliances, & parts (€970), and Live animals (€0). In February 2024 the top imports of Portugal from Liberia were Mineral fuels, mineral oils and products... (€6.25k), Iron & steel (€3.33k), Live animals (€0), Meat & edible offal (€0), and Fish, crustaceans, & molluscs (€0).

Growth In February 2024, the decrease in Portugal's year-by-year exports to Liberia was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-292k or -99.7%), Mineral fuels, mineral oils and products... (€-154k or -51.7%), and Plastics & articles thereof (€-17.1k or -100%). In February 2024, the decrease in Portugal's year-by-year imports  from Liberia was explained primarily by an decrease in product imports  in Mineral fuels, mineral oils and products... (€-6.04k or -49.1%) and Machinery, mechanical appliances, & parts (€-1.1k or -100%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)€-698k(-94.7%)
IMPORT GROWTH (February 2023 - February 2024)€-8.37k(-31.2%)

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

To check Liberia and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $1.66M to Liberia. The main products exported from Portugal to Liberia were Petroleum Coke ($357k), Machinery Having Individual Functions ($309k), and Large Iron Containers ($205k). During the last 27 years the exports of Portugal to Liberia have increased at an annualized rate of 5.43%, from $398k in 1995 to $1.66M in 2022.

In 2022, Liberia exported $429k to Portugal. The main products exported from Liberia to Portugal were Cocoa Beans ($138k), Petroleum Coke ($93.5k), and Railway Cargo Containers ($86.9k). During the last 27 years the exports of Liberia to Portugal have increased at an annualized rate of 4.19%, from $142k in 1995 to $429k in 2022.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Liberia
Top DestinationSwitzerland$544M

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

In 2021, countries that imported more from Portugal than Liberia were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Liberia than Portugal were Lebanon ($106M), Tanzania ($41.5M), and Malaysia ($57.6M).

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

Comparative Advantage Portugal - Liberia

Flow
Scale

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

During 2022, Portugal had a large net trade with Liberia in the exports of Machines ($511k), Mineral Products ($357k), and Metals ($283k).

During 2022, Liberia had a large net trade with Portugal in the exports of Foodstuffs ($138k), Mineral Products ($93.5k), and Transportation ($88.1k).

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

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

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