Liberia (LBR) and North Korea (PRK) Trade | The Observatory of Economic Complexity

About

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

North Korea-Liberia Trade: In N/A, North Korea exported $5.74M to Liberia. The main products that North Korea exported to Liberia were Cars ($2.38M), Ethylene Polymers ($531k), and Other Nitrogen Compounds ($467k). Over the past N/A years the exports of North Korea to Liberia have decreased at an annualized rate of 10.9%, from $10.2M in N/A to $5.74M in N/A.

In N/A, North Korea 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, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Liberia does not register exports to North Korea. The main products exported from Liberia to North Korea were Fuel Wood ($38.5k).

In 2018, North Korea exported $5.74M to Liberia. The main products exported from North Korea to Liberia were Cars ($2.38M), Ethylene Polymers ($531k), and Other Nitrogen Compounds ($467k). During the last 5 years the exports of North Korea to Liberia have decreased at an annualized rate of 10.9%, from $10.2M in 2023 to $5.74M in 2018.

Exports from Liberia () to North Korea () (2023)

Exports from North Korea () to Liberia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$708M

North Korea
Top DestinationChina$292M

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

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

In 2023, countries that imported more from North Korea than Liberia included China ($292M), Angola ($10.2M), and Austria ($10.1M).

Difference in imports from North Korea () and Liberia () (2023)

Comparative Advantage Liberia - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, North Korea had a large net trade with Liberia in the exports of Transportation ($2.87M), Chemical Products ($942k), and Machines ($699k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to North Korea () (2023)

Exports from North Korea () to Liberia () (2023)

Market Competitiveness

Difference in imports from North Korea () and Liberia () (2023)

Comparative Advantage Liberia - North Korea

Economic Complexity

Competitive Landscape

Product Space of Liberia () and North Korea () (2023)

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