Liberia (LBR) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Liberia-Morocco Trade: In 2022, Liberia exported $11.9M to Morocco. The main products that Liberia exported to Morocco were Palm Oil ($9.78M), Coconut Oil ($2.16M), and Precious Metal Watches ($394). Over the past 7 years the exports of Liberia to Morocco have increased at an annualized rate of 111%, from $63.6k in 2015 to $11.9M in 2022.

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

Morocco-Liberia Trade: In 2022, Morocco exported $10.3M to Liberia. The main products that Morocco exported to Liberia were Processed Fish ($3.7M), Raw Sugar ($2.02M), and Non-fillet Frozen Fish ($1.47M). Over the past 7 years the exports of Morocco to Liberia have increased at an annualized rate of 20.2%, from $3.42M in 2015 to $10.3M in 2022.

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

Comparison: In 2022, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $11.9M to Morocco. The main products exported from Liberia to Morocco were Palm Oil ($9.78M), Coconut Oil ($2.16M), and Precious Metal Watches ($394). During the last 7 years the exports of Liberia to Morocco have increased at an annualized rate of 111%, from $63.6k in 2015 to $11.9M in 2022.

In 2017, Morocco exported $10.3M to Liberia. The main products exported from Morocco to Liberia were Processed Fish ($3.7M), Raw Sugar ($2.02M), and Non-fillet Frozen Fish ($1.47M). During the last 5 years the exports of Morocco to Liberia have increased at an annualized rate of 20.2%, from $3.42M in 2022 to $10.3M in 2017.

Exports from Liberia () to Morocco () (2022)

Exports from Morocco () to Liberia () (2022)

Latest Data

Trade between Liberia () and Morocco ()

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Liberia than Morocco included Switzerland ($544M), Cyprus ($53.7M), and Malaysia ($57.6M).

In 2022, countries that imported more from Morocco than Liberia included Spain ($8.55B), France ($7.92B), and India ($2.99B).

Difference in imports from Morocco () and Liberia () (2022)

Comparative Advantage Liberia - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with Morocco in the exports of Animal and Vegetable Bi-Products ($11.9M) and Instruments ($394).

During 2017, Morocco had a large net trade with Liberia in the exports of Foodstuffs ($7.1M), Animal Products ($1.72M), and Chemical Products ($936k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Morocco+$4.57kRefined Petroleum

Top Product Potential Morocco Liberia+$475kMixed Mineral or Chemical Fertilizers

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Morocco () (2022)

Exports from Morocco () to Liberia () (2022)

Latest Data

Trade between Liberia () and Morocco ()

Morocco Exports

Market Competitiveness

Difference in imports from Morocco () and Liberia () (2022)

Comparative Advantage Liberia - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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