Belarus (BLR) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Belarus-Liberia Trade: In 2021, Belarus exported $148k to Liberia. The main products that Belarus exported to Liberia were N/A. Over the past 5 years the exports of Belarus to Liberia have increased at an annualized rate of 18.1%, from $64.3k in 2016 to $148k in 2021.

In 2014, Belarus exported services to Liberia worth $0, with being the largest in terms of value.

Liberia-Belarus Trade: In 2021, Liberia exported $266k to Belarus. The main products that Liberia exported to Belarus were N/A. Over the past 5 years the exports of Liberia to Belarus have decreased at an annualized rate of 56.7%, from $17.4M in 2016 to $266k in 2021.

In 2021, Liberia did not export any services to Belarus.

Comparison: In 2022, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Belarus exported $148k to Liberia. There were not main exports from Belarus to Liberia in 2021. During the last 5 years the exports of Belarus to Liberia have increased at an annualized rate of 18.1%, from $64.3k in 2016 to $148k in 2021.

In 2016, Liberia exported $266k to Belarus. There were not main exports from Liberia to Belarus in 2016. During the last 5 years the exports of Liberia to Belarus have decreased at an annualized rate of 56.7%, from $17.4M in 2021 to $266k in 2016.

Exports from Belarus () to Liberia () (2021)

Exports from Liberia () to Belarus () (2021)

Latest Data

Trade between Belarus () and Liberia ()

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belarus
Top DestinationChina$1.6B

Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Belarus than Liberia included China ($1.6B), Ukraine ($1.29B), and Kazakhstan ($827M).

In 2022, countries that imported more from Liberia than Belarus included Switzerland ($544M), France ($158M), and Lebanon ($106M).

Difference in imports from Liberia () and Belarus () (2022)

Comparative Advantage Belarus - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Belarus had a large net trade with Liberia in the exports of .

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Belarus Liberia+$2.25kRefined Petroleum

Top Product Potential Liberia Belarus+$1.82kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Belarus () to Liberia () (2021)

Exports from Liberia () to Belarus () (2021)

Latest Data

Trade between Belarus () and Liberia ()

Belarus Exports

Market Competitiveness

Difference in imports from Liberia () and Belarus () (2022)

Comparative Advantage Belarus - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belarus () and Liberia () (2021)

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