Albania (ALB) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Albania-Liberia Trade: In 2020, Albania exported $17 to Liberia. The main products that Albania exported to Liberia were N/A. Over the past 13 years the exports of Albania to Liberia have decreased at an annualized rate of 27.5%, from $1.12k in 2007 to $17 in 2020.

In 2020, Albania did not export any services to Liberia.

Liberia-Albania In N/A, Liberia did not export any products to Albania.

In 2020, Liberia did not export any services to Albania.

Comparison: In 2023, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Albania exported $17 to Liberia. There were not main exports from Albania to Liberia in 2020. During the last 13 years the exports of Albania to Liberia have decreased at an annualized rate of 27.5%, from $1.12k in 2007 to $17 in 2020.

Liberia does not register exports to Albania.

Exports from Albania () to Liberia () (2020)

Exports from Liberia () to Albania () (2020)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Albania than Liberia included Italy ($1.72B), Greece ($409M), and Serbia ($188M).

In 2023, countries that imported more from Liberia than Albania included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

Difference in imports from Liberia () and Albania () (2023)

Comparative Advantage Albania - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Albania had a large net trade with Liberia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Liberia+$2.08kRefined Petroleum

Top Product Potential Liberia Albania+$2.09kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Liberia () (2020)

Exports from Liberia () to Albania () (2020)

Market Competitiveness

Difference in imports from Liberia () and Albania () (2023)

Comparative Advantage Albania - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Liberia () (2020)

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