2022
Exports
$1.22MWorld Rnk 127 / 216
Flag Rnk 18 / 360
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$3.85MWorld Rnk 161 / 222
Flag Rnk 127 / 995
2022
ECONOMIC COMPLEXITY of Liberia
-1.72Rnk 128 / 133

About

Exports In 2022, Liberia exported $1.22M in Industrial Fatty Acids, Oils and Alcohols, making it the 127th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 18th most exported product in Liberia. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Liberia are: India ($1.19M), Indonesia ($29.7k), Malaysia ($572), Portugal ($209), and South Korea ($9).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Liberia between 2021 and 2022 were Indonesia ($22.3k), Malaysia ($572), and South Korea ($9).

Imports In 2022, Liberia imported $3.85M in Industrial Fatty Acids, Oils and Alcohols, becoming the 161st largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 127th most imported product in Liberia. Liberia imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($1.32M), United States ($781k), Ireland ($276k), Turkey ($256k), and United Arab Emirates ($245k).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Liberia between 2021 and 2022 were China ($1.08M), United States ($761k), and United Arab Emirates ($143k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Industrial Fatty Acids, Oils and Alcohols. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.22M
IMPORTS (2022)$3.85M
NET TRADE (2022)-$2.63M

In 2022, Liberia exported $1.22M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Liberia exports on Industrial Fatty Acids, Oils and Alcohols were India ($1.19M), Indonesia ($29.7k), Malaysia ($572), Portugal ($209), and South Korea ($9).

In 2022, Liberia imported $3.85M in Industrial Fatty Acids, Oils and Alcohols, mainly from China ($1.32M), United States ($781k), Ireland ($276k), Turkey ($256k), and United Arab Emirates ($245k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Liberia WERE (2021 - 2022):
Indonesia$22.3k (300%)
Malaysia$572 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Liberia WERE (2021 - 2022):
India-$186k (-13.5%)
Nigeria-$14.5k (-100%)
Thailand-$3.84k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Liberia's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Liberia's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $686
TOP IMPORT POTENTIALIndia+ $8.08k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $686.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is India with an import gap of $8.08k.

See methodology.

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