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2017
Flag → Flag
Exports $36.7MRnk 109 / 0
2017
Flag → Flag
Exports $2.41MRnk 66 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

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.

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.

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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 2017, Vietnam exported $36.7M to Liberia. There were not main exports from Vietnam to Liberia in 2017. During the last 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 2012, Liberia exported $2.41M to Vietnam. There were not main exports from Liberia to Vietnam in 2012. During the last 5 years the exports of Liberia to Vietnam have decreased at an annualized rate of 12%, from $4.56M in 2017 to $2.41M in 2012.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Vietnam - Liberia

Flow
Scale

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

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

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

Potential Exports

Potential Exports

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

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

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

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