2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC 
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

Liberia-North Macedonia Trade: In 2019, Liberia exported $870 to North Macedonia. The main products that Liberia exported to North Macedonia were N/A. Over the past 9 years the exports of Liberia to North Macedonia have decreased at an annualized rate of 37.1%, from $56.1k in 2010 to $870 in 2019.

In 2019, Liberia did not export any services to North Macedonia.

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

In 2019, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Liberia exported $870 to North Macedonia. There were not main exports from Liberia to North Macedonia in 2019. During the last 9 years the exports of Liberia to North Macedonia have decreased at an annualized rate of 37.1%, from $56.1k in 2010 to $870 in 2019.

North Macedonia does not register exports to Liberia. The main products exported from North Macedonia to Liberia were Prepared Cereals ($9.53k), Chocolate ($4.98k), and Other Processed Fruits and Nuts ($3.9k).

Exports from Liberia (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and North Macedonia (Flag)

North Macedonia Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Liberia than North Macedonia included Switzerland ($544M), Lebanon ($106M), and France ($158M).

In 2022, countries that imported more from North Macedonia than Liberia included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - North Macedonia

Flow
Scale

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

During 2019, Liberia had a large net trade with North Macedonia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia North Macedonia+$2.37kRefined Petroleum
Top Product Potential North Macedonia Liberia+$9.7kBaked Goods

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

Product Space of Liberia (Flag) and North Macedonia (Flag) (2022)

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