North Macedonia (MKD) and Liberia (LBR) Trade | The Observatory of Economic Complexity

About

North Macedonia-Liberia Trade: In 2023, North Macedonia exported $132k to Liberia. The main products that North Macedonia exported to Liberia were Video and Card Games ($108k), Prepared Cereals ($11.6k), and Trailers and semi-trailers, not mechanically propelled vehicles ($5.51k). Over the past 5 years the exports of North Macedonia to Liberia have increased at an annualized rate of 14.1%, from $68.4k in 2018 to $132k in 2023.

In 2023, North Macedonia did not export any services to Liberia.

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

In 2023, Liberia did not export any services to North Macedonia.

Comparison In 2023, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. 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 2023, North Macedonia exported $132k to Liberia. The main products exported from North Macedonia to Liberia were Video and Card Games ($108k), Prepared Cereals ($11.6k), and Trailers and semi-trailers, not mechanically propelled vehicles ($5.51k). During the last 5 years the exports of North Macedonia to Liberia have increased at an annualized rate of 14.1%, from $68.4k in 2018 to $132k in 2023.

Liberia does not register exports to North Macedonia.

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

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

Latest Data

Trade between North Macedonia () and Liberia ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from North Macedonia than Liberia included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

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

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

Comparative Advantage North Macedonia - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Liberia in the exports of Miscellaneous ($110k), Foodstuffs ($15.1k), and Transportation ($5.51k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Liberia+$9.7kBaked Goods

Top Product Potential Liberia North Macedonia+$2.37kRefined 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 North Macedonia and Liberia. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over North Macedonia.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between North Macedonia () and Liberia ()

North Macedonia Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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