Montenegro (MNE) and Liberia (LBR) Trade | The Observatory of Economic Complexity

About

Montenegro-Liberia Trade: In 2022, Montenegro exported $2.1k to Liberia. The main products that Montenegro exported to Liberia were Self-adhesive Plastics ($421), Other Plastic Products ($364), and Other Small Iron Pipes ($362). Over the past 7 years the exports of Montenegro to Liberia have decreased at an annualized rate of 27.9%, from $20.8k in 2015 to $2.1k in 2022.

In 2022, Montenegro did not export any services to Liberia.

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

In 2022, Liberia did not export any services to Montenegro.

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. 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, Montenegro exported $2.1k to Liberia. The main products exported from Montenegro to Liberia were Self-adhesive Plastics ($421), Other Plastic Products ($364), and Other Small Iron Pipes ($362). During the last 7 years the exports of Montenegro to Liberia have decreased at an annualized rate of 27.9%, from $20.8k in 2015 to $2.1k in 2022.

Liberia does not register exports to Montenegro.

Exports from Montenegro () to Liberia () (2022)

Exports from Liberia () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Liberia ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Montenegro than Liberia included South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2022, countries that imported more from Liberia than Montenegro included Switzerland ($544M), France ($158M), and United Kingdom ($148M).

Difference in imports from Liberia () and Montenegro () (2022)

Comparative Advantage Montenegro - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Liberia in the exports of Plastics and Rubbers ($873), Metals ($431), and Machines ($279).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Liberia () (2022)

Exports from Liberia () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Liberia ()

Montenegro Exports

Market Competitiveness

Difference in imports from Liberia () and Montenegro () (2022)

Comparative Advantage Montenegro - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Montenegro () and Liberia () (2022)

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