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Liberia Trade Summary

2020

Liberia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR LIBERIA 2020

Overall Exports and Imports for Liberia 2020

Exports and imports of Liberia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 418 million.
  • The total value of imports (CIF) was 1,186 million.
  • At the HS6 digit level, 219 products were exported to 52 countries and 2,637 products were imported from 137 countries.

Liberia top 5 Export and Import partners 2020

Top five countries to which Liberia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Liberia exports to Switzerland worth US$ 110 million, with a partner share of 26.21 percent.
  2. Liberia exports to France worth US$ 73 million, with a partner share of 17.39 percent.
  3. Liberia exports to Germany worth US$ 42 million, with a partner share of 10.13 percent.
  4. Liberia exports to United States worth US$ 42 million, with a partner share of 10.10 percent.
  5. Liberia exports to Belgium worth US$ 27 million, with a partner share of 6.36 percent.

Top five countries from which Liberia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Liberia imports from Cote d'Ivoire worth US$ 298 million, with a partner share of 25.12 percent.
  2. Liberia imports from India worth US$ 180 million, with a partner share of 15.19 percent.
  3. Liberia imports from China worth US$ 168 million, with a partner share of 14.18 percent.
  4. Liberia imports from United States worth US$ 85 million, with a partner share of 7.16 percent.
  5. Liberia imports from Turkey worth US$ 71 million, with a partner share of 6.01 percent.

Liberia Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Liberia along with trade value are:

  1. Liberia exported Non-agglomerated iron ores and concentrates , worth 180,550.28 (US$ Thousands).
  2. Liberia exported Gold in unwrought forms non-monetary , worth 117,742.75 (US$ Thousands).
  3. Liberia exported Technically specified natural rubber, in primar , worth 44,343.83 (US$ Thousands).
  4. Liberia exported Other natural rubber, in primary forms or in pl , worth 32,462.95 (US$ Thousands).
  5. Liberia exported Diamonds non-industrial unworked or simply sawn , worth 8,976.82 (US$ Thousands).

The top five imported HS 6 digit level products from world by Liberia along with trade value are

  1. Liberia imported Petroleum oils, etc, (excl. crude); preparation , worth 305,255.09 (US$ Thousands).
  2. Liberia imported Semi-milled or wholly milled rice , worth 112,604.98 (US$ Thousands).
  3. Liberia imported Palm oil (excl. crude) and liquid fractions , worth 24,684.34 (US$ Thousands).
  4. Liberia imported Worn clothing and other worn articles , worth 18,747.27 (US$ Thousands).
  5. Liberia imported Other medicaments of mixed or unmixed products, , worth 18,089.06 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Liberia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 13.92 percent.
  • The trade weighted average tariff was 6.60 .
  • The total duty free imports in thousands of US dollars were 46,868.69 and duty free tariff line items share was 2.18 percent.

Development Indicators 2020

Key Development Indicators of Liberia in 2020 are below

  • Liberia GDP in current US dollar was 3,176 million.
  • GNI per capita, Atlas method (current US$) was 570.00 .
  • Liberia Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 15.65 .

Trade Indicators 2020

Trade Indicators for Liberia in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 1.37.
  • World Growth in percentage was -3.83 and Liberia Country Growth was -12.49 .