Sign In
Pricing

2022
Flag → Flag
Exports $241kRnk 159 / 205
2022
Flag → Flag
Top Product $122kOther Plastic Products
2022
Flag → Flag
Exports $12.3kRnk 63 / 86
2022
Flag → Flag
Top Product $12.3kSoap
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Philippines-Liberia Trade: In 2022, Philippines exported $241k to Liberia. The main products that Philippines exported to Liberia were Other Plastic Products ($122k), Knit T-shirts ($44.3k), and Baked Goods ($44k). Over the past 5 years the exports of Philippines to Liberia have increased at an annualized rate of 115%, from $5.27k in 2017 to $241k in 2022.

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

Liberia-Philippines Trade: In 2022, Liberia exported $12.3k to Philippines. The main products that Liberia exported to Philippines were Soap ($12.3k). Over the past 5 years the exports of Liberia to Philippines have decreased at an annualized rate of 61.3%,  from $1.42M in 2017 to $12.3k in 2022.

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

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Latest Trends

June, 2024

About

Overview In June 2024, Philippines exported $1.67k and imported $167 from Liberia, resulting in a positive trade balance of $1.51k. Between June 2023 and June 2024 the exports of Philippines have decreased by $-1.28k (-43.2%) from $2.95k to $1.67k, while imports decreased by $-13.3k (-98.8%) from $13.5k to $167.

Trade In June 2024, the top exports of Philippines to Liberia were . In June 2024 the top imports of Philippines from Liberia were .

Growth In June 2024, the decrease in Philippines's year-by-year exports to Liberia was explained primarily by an decrease in product exports in . In September 2023, the decrease in Philippines's year-by-year imports  from Liberia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$-1.28k(-43.2%)
IMPORT GROWTH (September 2022 - September 2023)$-13.3k(-98.8%)

This section shows exports and imports data at subnational level for Philippines. Click any date in the line plot or any product to explore the exports or imports behavior of Philippines over time.

To check Liberia and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Liberia and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $241k to Liberia. The main products exported from Philippines to Liberia were Other Plastic Products ($122k), Knit T-shirts ($44.3k), and Baked Goods ($44k). During the last 5 years the exports of Philippines to Liberia have increased at an annualized rate of 115%, from $5.27k in 2017 to $241k in 2022.

In 2017, Liberia exported $12.3k to Philippines. The main products exported from Liberia to Philippines were Soap ($12.3k). During the last 5 years the exports of Liberia to Philippines have decreased at an annualized rate of 61.3%, from $1.42M in 2022 to $12.3k in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Philippines than Liberia included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Liberia than Philippines included Lebanon ($106M), Cyprus ($53.7M), and Tanzania ($41.5M).

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

Comparative Advantage Philippines - Liberia

Flow
Scale

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

During 2022, Philippines had a large net trade with Liberia in the exports of Plastics and Rubbers ($122k), Textiles ($46.9k), and Foodstuffs ($44k).

During 2017, Liberia had a large net trade with Philippines in the exports of Chemical Products ($12.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Liberia+$3.45kPassenger and Cargo Ships
Top Product Potential Liberia Philippines+$4.66kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms