Namibia (NAM) and Liberia (LBR) Trade | The Observatory of Economic Complexity

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Namibia-Liberia Trade: In 2023, Namibia exported $434k to Liberia. The main products that Namibia exported to Liberia were Refined Petroleum ($277k), Other Iron Products ($46.6k), and Plastic Lids ($20.5k). Over the past 5 years the exports of Namibia to Liberia have decreased at an annualized rate of 8.21%, from $665k in 2018 to $434k in 2023.

In 2023, Namibia did not export any services to Liberia.

Liberia-Namibia Trade: In 2023, Liberia exported $1.9k to Namibia. The main products that Liberia exported to Namibia were Packaged Medicaments ($1.87k) and Knit Sweaters ($30). Over the past 5 years the exports of Liberia to Namibia have decreased at an annualized rate of 84%, from $17.9M in 2018 to $1.9k in 2023.

In 2023, Liberia did not export any services to Namibia.

Comparison: In 2023, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B). 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, Namibia exported $434k to Liberia. The main products exported from Namibia to Liberia were Refined Petroleum ($277k), Other Iron Products ($46.6k), and Plastic Lids ($20.5k). During the last 5 years the exports of Namibia to Liberia have decreased at an annualized rate of 8.21%, from $665k in 2018 to $434k in 2023.

In 2018, Liberia exported $1.9k to Namibia. The main products exported from Liberia to Namibia were Packaged Medicaments ($1.87k) and Knit Sweaters ($30). During the last 5 years the exports of Liberia to Namibia have decreased at an annualized rate of 84%, from $17.9M in 2023 to $1.9k in 2018.

Exports from Namibia () to Liberia () (2023)

Exports from Liberia () to Namibia () (2023)

Latest Data

Trade between Namibia () and Liberia ()

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Namibia than Liberia included South Africa ($1.71B), China ($752M), and Botswana ($504M).

In 2023, countries that imported more from Liberia than Namibia included Switzerland ($708M), United Kingdom ($306M), and Lebanon ($105M).

Difference in imports from Liberia () and Namibia () (2023)

Comparative Advantage Namibia - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Liberia in the exports of Mineral Products ($278k), Metals ($53.5k), and Textiles ($23.2k).

During 2018, Liberia had a large net trade with Namibia in the exports of Chemical Products ($1.87k) and Textiles ($30).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Liberia+$530kRefined Petroleum

Top Product Potential Liberia Namibia+$2.69kRefined 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 Namibia and Liberia. This means that a dot/product with the flag of Namibia indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Namibia.

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Liberia () (2023)

Exports from Liberia () to Namibia () (2023)

Latest Data

Trade between Namibia () and Liberia ()

Namibia Exports

Market Competitiveness

Difference in imports from Liberia () and Namibia () (2023)

Comparative Advantage Namibia - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and Liberia () (2023)

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