China / Liberia

Overview In August 2024, China exported $598M and imported $11M from Liberia, resulting in a positive trade balance of $587M. Between August 2023 and August 2024 the exports of China have decreased by $-216M (-26.6%) from $814M to $598M, while imports increased by $1.5M (15.7%) from $9.51M to $11M.

Trade In August 2024, the top exports of China to Liberia were Passenger and Cargo Ships ($208M), Refined Petroleum ($206M), Centrifuges ($25.5M), Iron Structures ($16.4M), and Machinery parts, not containing electrical connectors,... ($15M). In August 2024 the top imports of China from Liberia were Rough Wood ($3.53M), Titanium Ore ($1.03M), Niobium, Tantalum, Vanadium and Zirconium Ore ($199k), Rubber ($59k), and Commodities not elsewhere specified ($291).

Origins In August 2024 the exports of China were mainly from Jiangsu Province ($235M), Zhejiang Province ($143M), Beijing ($73.5M), Guangdong Province ($36.1M), and Fujian Province ($32.5M), while imports destinations were mainly Zhejiang Province ($10.5M), Shandong Province ($336k), Tianjin ($93.7k), Guangdong Province ($57.4k), and Chongqing ($15.2k).

Growth In August 2024, the decrease in China's year-by-year exports to Liberia was explained primarily by an decrease in product exports in Refined Petroleum ($-117M or -36.2%), Machinery Having Individual Functions ($-2.89M or -47.4%), and Telephones ($-1.18M or -62.1%). In August 2024, the increase in China's year-by-year imports  from Liberia was explained primarily by an increase in product imports  in Titanium Ore ($717k or 228%).