2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

Czechia-Liberia Trade: In 2022, Czechia exported $1.5M to Liberia. The main products that Czechia exported to Liberia were Stone Processing Machines ($573k), Prepared Cereals ($259k), and Hard Rubber ($121k). Over the past 5 years the exports of Czechia to Liberia have increased at an annualized rate of 21.4%, from $567k in 2017 to $1.5M in 2022.

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

Liberia-Czechia Trade: In 2022, Liberia exported $6.75M to Czechia. The main products that Liberia exported to Czechia were Rubber ($6.67M), Processed Crustaceans ($54.8k), and Sawn Wood ($12.2k). Over the past 5 years the exports of Liberia to Czechia have decreased at an annualized rate of 12.5%,  from $13.2M in 2017 to $6.75M in 2022.

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

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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 2022, Czechia exported $1.5M to Liberia. The main products exported from Czechia to Liberia were Stone Processing Machines ($573k), Prepared Cereals ($259k), and Hard Rubber ($121k). During the last 5 years the exports of Czechia to Liberia have increased at an annualized rate of 21.4%, from $567k in 2017 to $1.5M in 2022.

In 2017, Liberia exported $6.75M to Czechia. The main products exported from Liberia to Czechia were Rubber ($6.67M), Processed Crustaceans ($54.8k), and Sawn Wood ($12.2k). During the last 5 years the exports of Liberia to Czechia have decreased at an annualized rate of 12.5%, from $13.2M in 2022 to $6.75M in 2017.

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

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

Latest Data

Trade between Czechia (Flag) and Liberia (Flag)

Czechia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Liberia
Top Destination
Switzerland$544M

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

In 2022, countries that imported more from Czechia than Liberia included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Liberia than Czechia included Lebanon ($106M), Tanzania ($41.5M), and Rwanda ($18.2M).

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

Comparative Advantage Czechia - Liberia

Flow
Scale

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

During 2022, Czechia had a large net trade with Liberia in the exports of Machines ($751k), Foodstuffs ($259k), and Plastics and Rubbers ($171k).

During 2017, Liberia had a large net trade with Czechia in the exports of Plastics and Rubbers ($6.67M), Foodstuffs ($54.8k), and Wood Products ($12.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Liberia+$224kTelephones
Top Product Potential Liberia Czechia+$597kRubber

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

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

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