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Pricing

2022
Flag → Flag
Exports $89.6MRnk 7 / 86
2022
Flag → Flag
Top Product $87.3MRubber
2022
Flag → Flag
Exports $247MRnk 127 / 219
2022
Flag → Flag
Top Product $150MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Liberia-United States Trade: In 2022, Liberia exported $89.6M to United States. The main products that Liberia exported to United States were Rubber ($87.3M), Gold ($567k), and Palm Oil ($414k). Over the past 5 years the exports of Liberia to United States have increased at an annualized rate of 5.72%, from $67.8M in 2017 to $89.6M in 2022.

In 2022, Liberia did not export any services to United States.

United States-Liberia Trade: In 2022, United States exported $247M to Liberia. The main products that United States exported to Liberia were Refined Petroleum ($150M), Cars ($10.2M), and Iron Pipes ($8.49M). Over the past 5 years the exports of United States to Liberia have increased at an annualized rate of 13.8%,  from $130M in 2017 to $247M in 2022.

In 2022, United States did not export any services to Liberia.

Comparison: In 2022,  Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Liberia exported $89.6M to United States. The main products exported from Liberia to United States were Rubber ($87.3M), Gold ($567k), and Palm Oil ($414k). During the last 5 years the exports of Liberia to United States have increased at an annualized rate of 5.72%, from $67.8M in 2017 to $89.6M in 2022.

In 2017, United States exported $247M to Liberia. The main products exported from United States to Liberia were Refined Petroleum ($150M), Cars ($10.2M), and Iron Pipes ($8.49M). During the last 5 years the exports of United States to Liberia have increased at an annualized rate of 13.8%, from $130M in 2022 to $247M in 2017.

Exports from Liberia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Liberia (Flag) (2022)

Latest Data

Trade between Liberia (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$544M
United States
Top DestinationCanada$308B

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

In 2022, no countries were registered that imported more from Liberia than from United States.

In 2022, countries that imported more from United States than Liberia included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Liberia (Flag) (2022)

Comparative Advantage Liberia - United States

Flow
Scale

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

During 2022, Liberia had a large net trade with United States in the exports of Plastics and Rubbers ($87.3M), Precious Metals ($901k), and Animal and Vegetable Bi-Products ($452k).

During 2017, United States had a large net trade with Liberia in the exports of Mineral Products ($150M), Metals ($16.3M), and Plastics and Rubbers ($15.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia United States+$6.14MRubber
Top Product Potential United States Liberia+$60.5MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Liberia (Flag) and United States (Flag) (2022)

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