2023
Flag  
GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
 GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC 
$772CURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC
$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195

About

Liberia-France Trade: In 2023, Liberia exported $197M to France. The main products that Liberia exported to France were Iron Ore ($116M), Petroleum Gas ($78.5M), and Rubber ($946k). Over the past 5 years the exports of Liberia to France have increased at an annualized rate of 28.3%, from $56.7M in 2018 to $197M in 2023.

In 2023, Liberia did not export any services to France.

France-Liberia Trade: In 2023, France exported $22.1M to Liberia. The main products that France exported to Liberia were Refined Petroleum ($11M), Delivery Trucks ($914k), and Cars ($547k). Over the past 5 years the exports of France to Liberia have increased at an annualized rate of 8.79%,  from $14.5M in 2018 to $22.1M in 2023.

In 2023, France did not export any services to Liberia.

Comparison: In 2023,  Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Liberia exported $197M to France. The main products exported from Liberia to France were Iron Ore ($116M), Petroleum Gas ($78.5M), and Rubber ($946k). During the last 5 years the exports of Liberia to France have increased at an annualized rate of 28.3%, from $56.7M in 2018 to $197M in 2023.

In 2018, France exported $22.1M to Liberia. The main products exported from France to Liberia were Refined Petroleum ($11M), Delivery Trucks ($914k), and Cars ($547k). During the last 5 years the exports of France to Liberia have increased at an annualized rate of 8.79%, from $14.5M in 2023 to $22.1M in 2018.

Exports from Liberia (Flag) to France (Flag) (2023)

Exports from France (Flag) to Liberia (Flag) (2023)

Latest Data

Trade between Liberia (Flag) and France (Flag)

France Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$708M
France
Top Destination
Germany$72.8B

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

In 2023, countries that imported more from Liberia than France included North Korea ($38.5k).

In 2023, countries that imported more from France than Liberia included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

Difference in imports from France (Flag) and Liberia (Flag) (2023)

Comparative Advantage Liberia - France

Flow
Scale

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

During 2023, Liberia had a large net trade with France in the exports of Mineral Products ($195M), Plastics and Rubbers ($971k), and Wood Products ($712k).

During 2018, France had a large net trade with Liberia in the exports of Mineral Products ($11M), Machines ($3.39M), and Chemical Products ($1.87M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia France+$2.22MRubber
Top Product Potential France Liberia+$5.19MRefined 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 France. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and France (Flag) (2023)

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