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Flag → Flag
Exports $3.73kRnk 144 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

In N/A, Armenia did not export any services to Liberia.

Liberia-Armenia Trade: In N/A, Liberia exported $3.73k to Armenia. The main products that Liberia exported to Armenia were N/A. Over the past N/A years the exports of Liberia to Armenia have decreased at an annualized rate of 49.8%,  from $117k in N/A to $3.73k in N/A.

In N/A, Liberia did not export any services to Armenia.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). 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

Armenia does not register exports to Liberia.

In 2014, Liberia exported $3.73k to Armenia. There were not main exports from Liberia to Armenia in 2014. During the last 5 years the exports of Liberia to Armenia have decreased at an annualized rate of 49.8%, from $117k in 2019 to $3.73k in 2014.

Exports from Armenia (Flag) to Liberia (Flag) (2019)

Exports from Liberia (Flag) to Armenia (Flag) (2019)

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Armenia than Liberia included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

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

Comparative Advantage Armenia - Liberia

Flow
Scale

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

During 2014, Liberia had a large net trade with Armenia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Liberia+$1.42kRefined Petroleum
Top Product Potential Liberia Armenia+$2.73kGold

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 Armenia and Liberia. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Liberia (Flag) (2019)

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