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

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North Macedonia-Liberia Trade: In 2022, North Macedonia exported $26.7k to Liberia. The main products that North Macedonia exported to Liberia were Prepared Cereals ($9.53k), Chocolate ($4.98k), and Other Processed Fruits and Nuts ($3.9k). Over the past 10 years the exports of North Macedonia to Liberia have increased at an annualized rate of 3.34%, from $19.2k in 2012 to $26.7k in 2022.

In 2022, 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 2022, Liberia did not export any services to North Macedonia.

Comparison: In 2022, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $26.7k 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). During the last 10 years the exports of North Macedonia to Liberia have increased at an annualized rate of 3.34%, from $19.2k in 2012 to $26.7k in 2022.

Liberia does not register exports to North Macedonia.

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

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

Latest Data

Trade between North Macedonia () and Liberia ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Liberia
Top DestinationSwitzerland$544M

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

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

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

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 2022, North Macedonia had a large net trade with Liberia in the exports of Foodstuffs ($24.6k), Vegetable Products ($1.28k), and Animal Products ($869).

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 () (2022)

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

Latest Data

Trade between North Macedonia () and Liberia ()

North Macedonia Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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