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Liberia Trade Summary

2023

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 2023

Overall Exports and Imports for Liberia 2023

Exports and imports of Liberia in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 154 million.
  • The total value of imports (CIF) was 2,163 million.
  • At the HS6 digit level, 218 products were exported to 51 countries and 2,771 products were imported from 126 countries.

Liberia top 5 Export and Import partners 2023

Top five countries to which Liberia exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Liberia exports to United States worth US$ 58 million, with a partner share of 37.45 percent.
  2. Liberia exports to Belgium worth US$ 33 million, with a partner share of 21.43 percent.
  3. Liberia exports to Cameroon worth US$ 11 million, with a partner share of 6.88 percent.
  4. Liberia exports to Ghana worth US$ 8 million, with a partner share of 4.91 percent.
  5. Liberia exports to Singapore worth US$ 7 million, with a partner share of 4.42 percent.

Top five countries from which Liberia imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Liberia imports from Cote d'Ivoire worth US$ 656 million, with a partner share of 30.34 percent.
  2. Liberia imports from China worth US$ 362 million, with a partner share of 16.72 percent.
  3. Liberia imports from India worth US$ 341 million, with a partner share of 15.76 percent.
  4. Liberia imports from United States worth US$ 81 million, with a partner share of 3.73 percent.
  5. Liberia imports from Japan worth US$ 59 million, with a partner share of 2.71 percent.

Liberia Top 5 Productsexports imports at HS 6 digit level 2023

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 61,058.68 (US$ Thousands).
  2. Liberia exported Other natural rubber, in primary forms or in pl , worth 33,343.20 (US$ Thousands).
  3. Liberia exported Crude palm oil , worth 16,962.81 (US$ Thousands).
  4. Liberia exported Palm oil (excl. crude) and liquid fractions , worth 9,883.35 (US$ Thousands).
  5. Liberia exported Cocoa beans, whole or broken, raw or roasted , worth 4,143.93 (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 668,807.74 (US$ Thousands).
  2. Liberia imported Semi-milled or wholly milled rice , worth 237,609.35 (US$ Thousands).
  3. Liberia imported Diesel powered trucks with a GVW not exceeding , worth 88,360.53 (US$ Thousands).
  4. Liberia imported Palm oil (excl. crude) and liquid fractions , worth 35,674.05 (US$ Thousands).
  5. Liberia imported Cement clinkers , worth 32,367.11 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Liberia in 2023 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 13.93 percent.
  • The trade weighted average tariff was 12.12 .
  • The total duty free imports in thousands of US dollars were 67,197.09 and duty free tariff line items share was 5.81 percent.

Development Indicators 2023

Key Development Indicators of Liberia in 2023 are below

  • Liberia GDP in current US dollar was 4,390 million.
  • GNI per capita, Atlas method (current US$) was 720.00 .
  • Liberia Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2023

Trade Indicators for Liberia in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 1.40.
  • World Growth in percentage was -3.13 and Liberia Country Growth was 4.70 .