Azerbaijan (AZE) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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In N/A, Azerbaijan did not export any services to Liberia.

Liberia-Azerbaijan Trade: In N/A, Liberia exported $5.46k to Azerbaijan. The main products that Liberia exported to Azerbaijan were N/A. Over the past N/A years the exports of Liberia to Azerbaijan have increased at an annualized rate of 13.5%, from $2.89k in N/A to $5.46k in N/A.

In N/A, Liberia did not export any services to Azerbaijan.

Comparison: In 2023, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). 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

Azerbaijan does not register exports to Liberia.

In 2017, Liberia exported $5.46k to Azerbaijan. There were not main exports from Liberia to Azerbaijan in 2017. During the last 5 years the exports of Liberia to Azerbaijan have increased at an annualized rate of 13.5%, from $2.89k in 2022 to $5.46k in 2017.

Exports from Azerbaijan () to Liberia () (2022)

Exports from Liberia () to Azerbaijan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$11.4B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Azerbaijan than Liberia included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

In 2023, countries that imported more from Liberia than Azerbaijan included Switzerland ($708M), Lebanon ($105M), and France ($197M).

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

Comparative Advantage Azerbaijan - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Liberia had a large net trade with Azerbaijan 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 Azerbaijan Liberia+$3.29kRefined Petroleum

Top Product Potential Liberia Azerbaijan+$2.65kRefined 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 Azerbaijan and Liberia. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Azerbaijan.

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Liberia () (2022)

Exports from Liberia () to Azerbaijan () (2022)

Market Competitiveness

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

Comparative Advantage Azerbaijan - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Liberia () (2022)

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