Botswana (BWA) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Botswana-Liberia Trade: In 2022, Botswana exported $33 to Liberia. The main products that Botswana exported to Liberia were Packaged Medicaments ($33). Over the past 15 years the exports of Botswana to Liberia have decreased at an annualized rate of 21.7%, from $1.31k in 2007 to $33 in 2022.

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

Liberia-Botswana Trade: In 2022, Liberia exported $396k to Botswana. The main products that Liberia exported to Botswana were Refined Petroleum ($396k), Electrical Resistors ($214), and Insulated Wire ($106). Over the past 15 years the exports of Liberia to Botswana have increased at an annualized rate of 67.8%, from $283 in 2007 to $396k in 2022.

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

Comparison: In 2022, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). 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 2022, Botswana exported $33 to Liberia. The main products exported from Botswana to Liberia were Packaged Medicaments ($33). During the last 15 years the exports of Botswana to Liberia have decreased at an annualized rate of 21.7%, from $1.31k in 2007 to $33 in 2022.

In 2017, Liberia exported $396k to Botswana. The main products exported from Liberia to Botswana were Refined Petroleum ($396k), Electrical Resistors ($214), and Insulated Wire ($106). During the last 5 years the exports of Liberia to Botswana have increased at an annualized rate of 67.8%, from $283 in 2022 to $396k in 2017.

Exports from Botswana () to Liberia () (2022)

Exports from Liberia () to Botswana () (2022)

Latest Data

Trade between Botswana () and Liberia ()

Botswana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Botswana than Liberia included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

In 2022, countries that imported more from Liberia than Botswana included Switzerland ($544M), Germany ($156M), and France ($158M).

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

Comparative Advantage Botswana - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Botswana had a large net trade with Liberia in the exports of Chemical Products ($33).

During 2017, Liberia had a large net trade with Botswana in the exports of Mineral Products ($396k) and Machines ($320).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Liberia+$1.76kRefined Petroleum

Top Product Potential Liberia Botswana+$490kRefined 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 Botswana and Liberia. This means that a dot/product with the flag of Botswana indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Botswana.

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Historical Data

Bilateral Trade by Products

Exports from Botswana () to Liberia () (2022)

Exports from Liberia () to Botswana () (2022)

Latest Data

Trade between Botswana () and Liberia ()

Botswana Exports

Market Competitiveness

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

Comparative Advantage Botswana - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and Liberia () (2022)

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