2022
Flag  
GDP
$75.7BCURRENT US$
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2012-2022
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GDP GROWTH
90.9%CURRENT US$
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2022
Flag
 GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC 
$1,192CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
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2022
Flag
GDP PC
$755CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

Tanzania-Liberia In 2022, Tanzania exported $347k to Liberia. The main products that Tanzania exported to Liberia are Petroleum Jelly ($112k), Beauty Products ($89.4k), and Soap ($58.7k). During the last 24 years the exports of Tanzania to Liberia have increased at an annualized rate of 11%, from $28.2k in 1998 to $347k in 2022.

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

Liberia-Tanzania In 2022, Liberia exported $41.5M to Tanzania. The main products that Liberia exported to Tanzania were Refined Petroleum ($40.9M), Coconut Oil ($535k), and Cleaning Products ($20.5k). During the last 24 years the exports of Liberia to Tanzania have increased at an annualized rate of 46%, from $4.69k in 1998 to $41.5M in 2022.

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

Comparison In 2022,  Tanzania ranked 111 in the Economic Complexity Index (ECI -1.18),  and 104 in total exports ($10B). That same year, Liberia ranked 144 in total exports ($1.96B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Tanzania exported $347k to Liberia. The main products exported from Tanzania to Liberia were Petroleum Jelly ($112k), Beauty Products ($89.4k), and Soap ($58.7k). During the last 24 years the exports of Tanzania to Liberia have increased at an annualized rate of 11%, from $28.2k in 1998 to $347k in 2022.

In 2022, Liberia exported $41.5M to Tanzania. The main products exported from Liberia to Tanzania were Refined Petroleum ($40.9M), Coconut Oil ($535k), and Cleaning Products ($20.5k). During the last 23 years the exports of Liberia to Tanzania have increased at an annualized rate of 46%, from $4.69k in 1999 to $41.5M in 2022.

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

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

Market Competitiveness

Color
Tanzania
Top Destination
India$2.73B
Liberia
Top Destination
Switzerland$544M

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

In 2021, countries that imported more from Tanzania than Liberia were India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

In 2021, countries that imported more from Liberia than Tanzania were Switzerland ($544M), France ($158M), and Lebanon ($106M).

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

Comparative Advantage Tanzania - Liberia

Flow
Scale

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

During 2022, Tanzania had a large net trade with Liberia in the exports of Mineral Products ($150k), Chemical Products ($148k), and Foodstuffs ($28.2k).

During 2022, Liberia had a large net trade with Tanzania in the exports of Mineral Products ($40.9M), Animal and Vegetable Bi-Products ($535k), and Chemical Products ($20.5k).

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

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

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