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2017
Flag → Flag
Exports $2.41MRnk 62 / 0
2017
Flag → Flag
Exports $36.7MRnk 111 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC $755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Liberia-Vietnam Trade: In 2017, Liberia exported $2.41M to Vietnam. The main products that Liberia exported to Vietnam were N/A. Over the past 5 years the exports of Liberia to Vietnam have decreased at an annualized rate of 12%, from $4.56M in 2012 to $2.41M in 2017.

In 2017, Liberia did not export any services to Vietnam.

Vietnam-Liberia Trade: In 2017, Vietnam exported $36.7M to Liberia. The main products that Vietnam exported to Liberia were N/A. Over the past 5 years the exports of Vietnam to Liberia have increased at an annualized rate of 15.8%,  from $17.7M in 2012 to $36.7M in 2017.

In 2017, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Liberia exported $2.41M to Vietnam. There were not main exports from Liberia to Vietnam in 2017. During the last 5 years the exports of Liberia to Vietnam have decreased at an annualized rate of 12%, from $4.56M in 2012 to $2.41M in 2017.

In 2012, Vietnam exported $36.7M to Liberia. There were not main exports from Vietnam to Liberia in 2012. During the last 5 years the exports of Vietnam to Liberia have increased at an annualized rate of 15.8%, from $17.7M in 2017 to $36.7M in 2012.

Exports from Liberia (Flag) to Vietnam (Flag) (2017)

Exports from Vietnam (Flag) to Liberia (Flag) (2017)

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$544M
Vietnam
Top DestinationUnited States$117B

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

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

In 2022, countries that imported more from Vietnam than Liberia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Liberia - Vietnam

Flow
Scale

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

During 2017, Liberia had a large net trade with Vietnam in the exports of .

During 2012, Vietnam had a large net trade with Liberia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Vietnam+$4.54kIron Ore
Top Product Potential Vietnam Liberia+$4.11kRefined 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

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

Product Space of Liberia (Flag) and Vietnam (Flag) (2017)

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