2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

Singapore-Liberia In 2022, Singapore exported $1.12M to Liberia. The main products that Singapore exported to Liberia are Coffee and Tea Extracts ($455k), Refined Petroleum ($142k), and Video Recording Equipment ($114k). During the last 27 years the exports of Singapore to Liberia have decreased at an annualized rate of 14.8%, from $84.7M in 1995 to $1.12M in 2022.

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

Liberia-Singapore In 2022, Liberia exported $972k to Singapore. The main products that Liberia exported to Singapore were Rubber ($560k), Diamonds ($334k), and Integrated Circuits ($56k). During the last 27 years the exports of Liberia to Singapore have decreased at an annualized rate of 12.7%, from $38.2M in 1995 to $972k in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $1.12M to Liberia. The main products exported from Singapore to Liberia were Coffee and Tea Extracts ($455k), Refined Petroleum ($142k), and Video Recording Equipment ($114k). During the last 27 years the exports of Singapore to Liberia have decreased at an annualized rate of 14.8%, from $84.7M in 1995 to $1.12M in 2022.

In 2022, Liberia exported $972k to Singapore. The main products exported from Liberia to Singapore were Rubber ($560k), Diamonds ($334k), and Integrated Circuits ($56k). During the last 27 years the exports of Liberia to Singapore have decreased at an annualized rate of 12.7%, from $38.2M in 1995 to $972k in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Liberia (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Liberia
Top Destination
Switzerland$544M

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

In 2021, countries that imported more from Singapore than Liberia were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2021, countries that imported more from Liberia than Singapore were Lebanon ($106M).

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

Comparative Advantage Singapore - Liberia

Flow
Scale

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

During 2022, Singapore had a large net trade with Liberia in the exports of Foodstuffs ($490k), Machines ($243k), and Mineral Products ($142k).

During 2022, Liberia had a large net trade with Singapore in the exports of Plastics and Rubbers ($560k), Precious Metals ($334k), and Machines ($71.7k).

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

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

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