2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Liberia-Hong Kong Trade: In 2022, Liberia exported $246k to Hong Kong. The main products that Liberia exported to Hong Kong were Scrap Copper ($246k). Over the past 5 years the exports of Liberia to Hong Kong have decreased at an annualized rate of 24.3%, from $991k in 2017 to $246k in 2022.

In 2022, Liberia did not export any services to Hong Kong.

Hong Kong-Liberia Trade: In 2022, Hong Kong exported $3.04M to Liberia. The main products that Hong Kong exported to Liberia were Broadcasting Equipment ($1.55M), Other Electrical Machinery ($635k), and Frozen Bovine Meat ($362k). Over the past 5 years the exports of Hong Kong to Liberia have increased at an annualized rate of 2.47%,  from $2.69M in 2017 to $3.04M in 2022.

In 2022, Hong Kong did not export any services to Liberia.

Comparison: In 2022,  Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $246k to Hong Kong. The main products exported from Liberia to Hong Kong were Scrap Copper ($246k). During the last 5 years the exports of Liberia to Hong Kong have decreased at an annualized rate of 24.3%, from $991k in 2017 to $246k in 2022.

In 2017, Hong Kong exported $3.04M to Liberia. The main products exported from Hong Kong to Liberia were Broadcasting Equipment ($1.55M), Other Electrical Machinery ($635k), and Frozen Bovine Meat ($362k). During the last 5 years the exports of Hong Kong to Liberia have increased at an annualized rate of 2.47%, from $2.69M in 2022 to $3.04M in 2017.

Exports from Liberia (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Liberia than Hong Kong included Lebanon ($106M), Cyprus ($53.7M), and Cote d'Ivoire ($25.3M).

In 2022, countries that imported more from Hong Kong than Liberia included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - Hong Kong

Flow
Scale

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

During 2022, Liberia had a large net trade with Hong Kong in the exports of Metals ($246k).

During 2017, Hong Kong had a large net trade with Liberia in the exports of Machines ($2.51M), Animal Products ($362k), and Instruments ($71.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Hong Kong+$272kScrap Copper
Top Product Potential Hong Kong Liberia+$1.15MTelephones

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

Product Space of Liberia (Flag) and Hong Kong (Flag) (2022)

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