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Liberia Trade Summary

2021

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 2021

Overall Exports and Imports for Liberia 2021

Exports and imports of Liberia in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 172 million.
  • The total value of imports (CIF) was 1,701 million.
  • At the HS6 digit level, 206 products were exported to 60 countries and 2,827 products were imported from 138 countries.

Liberia top 5 Export and Import partners 2021

Top five countries to which Liberia exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Liberia exports to United States worth US$ 74 million, with a partner share of 43.14 percent.
  2. Liberia exports to Belgium worth US$ 29 million, with a partner share of 16.79 percent.
  3. Liberia exports to Singapore worth US$ 12 million, with a partner share of 7.28 percent.
  4. Liberia exports to Malaysia worth US$ 11 million, with a partner share of 6.42 percent.
  5. Liberia exports to India worth US$ 10 million, with a partner share of 5.82 percent.

Top five countries from which Liberia imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Liberia imports from India worth US$ 318 million, with a partner share of 18.69 percent.
  2. Liberia imports from Cote d'Ivoire worth US$ 303 million, with a partner share of 17.80 percent.
  3. Liberia imports from China worth US$ 221 million, with a partner share of 13.01 percent.
  4. Liberia imports from Turkey worth US$ 117 million, with a partner share of 6.86 percent.
  5. Liberia imports from United States worth US$ 95 million, with a partner share of 5.59 percent.

Liberia Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Liberia exported Technically specified natural rubber, in primar , worth 82,910.08 (US$ Thousands).
  2. Liberia exported Other natural rubber, in primary forms or in pl , worth 36,333.65 (US$ Thousands).
  3. Liberia exported Crude palm oil , worth 21,234.41 (US$ Thousands).
  4. Liberia exported Cocoa shells, husks, skins and other cocoa wast , worth 4,525.00 (US$ Thousands).
  5. Liberia exported Petroleum oils and oils obtained from bituminou , worth 4,466.00 (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 318,333.98 (US$ Thousands).
  2. Liberia imported Semi-milled or wholly milled rice , worth 205,445.74 (US$ Thousands).
  3. Liberia imported Vaccines for human medicine , worth 31,923.10 (US$ Thousands).
  4. Liberia imported Cement clinkers , worth 28,740.59 (US$ Thousands).
  5. Liberia imported Palm oil (excl. crude) and liquid fractions , worth 23,700.98 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Liberia in 2021 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 14.09 percent.
  • The trade weighted average tariff was 6.64 .
  • The total duty free imports in thousands of US dollars were 50,869.59 and duty free tariff line items share was 2.13 percent.

Development Indicators 2021

Key Development Indicators of Liberia in 2021 are below

  • Liberia GDP in current US dollar was 3,513 million.
  • GNI per capita, Atlas method (current US$) was 630.00 .
  • Liberia Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 15.97 .

Trade Indicators 2021

Trade Indicators for Liberia in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 1.40.
  • World Growth in percentage was 12.50 and Liberia Country Growth was 28.43 .