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2016
Flag → Flag
Exports $1.64MRnk 148 / 0
2016
Flag → Flag
Exports $867MRnk 7 / 0
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Guinea-Liberia Trade: In 2016, Guinea exported $1.64M to Liberia. The main products that Guinea exported to Liberia were N/A. Over the past 9 years the exports of Guinea to Liberia have increased at an annualized rate of 3.12%, from $1.25M in 2007 to $1.64M in 2016.

In 2016, Guinea did not export any services to Liberia.

Liberia-Guinea In N/A, Liberia did not export any products to Guinea.

In 2016, Liberia did not export any services to Guinea.

Comparison: In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). 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 2016, Guinea exported $1.64M to Liberia. There were not main exports from Guinea to Liberia in 2016. During the last 9 years the exports of Guinea to Liberia have increased at an annualized rate of 3.12%, from $1.25M in 2007 to $1.64M in 2016.

Liberia does not register exports to Guinea.

Exports from Guinea (Flag) to Liberia (Flag) (2016)

Exports from Liberia (Flag) to Guinea (Flag) (2016)

Market Competitiveness

Color
Guinea
Top DestinationChina$3.81B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Guinea than Liberia included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

In 2022, countries that imported more from Liberia than Guinea included Switzerland ($544M), United Kingdom ($148M), and France ($158M).

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

Comparative Advantage Guinea - Liberia

Flow
Scale

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

During 2016, Guinea had a large net trade with Liberia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Liberia+$2.43kRefined Petroleum
Top Product Potential Liberia Guinea+$3.38kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guinea and Liberia. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Guinea.

Product Space of Guinea (Flag) and Liberia (Flag) (2016)

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