2018
Exports
$291MWorld Rnk 22 / 137
Flag Rnk 3 / 360
2022
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.47Rnk 691 / 1025
2018
Imports
$11.2BWorld Rnk 1 / 185
Flag Rnk 1 / 995
2022
ECONOMIC COMPLEXITY of Liberia
-1.72Rnk 128 / 133

About

Exports In 2018, Liberia exported $291M in Passenger and Cargo Ships, making it the 22nd largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 3rd most exported product in Liberia. The main destination of Passenger and Cargo Ships exports from Liberia are: Poland ($78.9M), Germany ($70.2M), Cyprus ($53.7M), Denmark ($35.4M), and Indonesia ($24.2M).

The fastest growing export markets for Passenger and Cargo Ships of Liberia between 2021 and 2022 were Germany ($27.7M), Indonesia ($24.2M), and Turkey ($5.87M).

Imports In 2022, Liberia imported $11.2B in Passenger and Cargo Ships, becoming the 1st largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 1st most imported product in Liberia. Liberia imports Passenger and Cargo Ships primarily from: South Korea ($4.16B), China ($3.08B), Japan ($2.6B), Germany ($808M), and Cyprus ($255M).

The fastest growing import markets in Passenger and Cargo Ships for Liberia between 2021 and 2022 were South Korea ($2.19B), China ($504M), and Japan ($242M).

Latest Trends

Aug 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 Passenger and Cargo Ships. 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)$291M
IMPORTS (2022)$11.2B
NET TRADE (2022)-$10.9B

In 2022, Liberia exported $291M in Passenger and Cargo Ships. The main destinations of Liberia exports on Passenger and Cargo Ships were Poland ($78.9M), Germany ($70.2M), Cyprus ($53.7M), Denmark ($35.4M), and Indonesia ($24.2M).

In 2022, Liberia imported $11.2B in Passenger and Cargo Ships, mainly from South Korea ($4.16B), China ($3.08B), Japan ($2.6B), Germany ($808M), and Cyprus ($255M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Liberia WERE (2021 - 2022):
Germany$27.7M (65.2%)
Indonesia$24.2M (1%)
Turkey$5.87M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Liberia WERE (2021 - 2022):
Denmark-$55.1M (-60.9%)
Poland-$54.3M (-40.8%)
Cyprus-$18M (-25.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Liberia's main exporting competitors in Passenger and Cargo Ships were:
In 2022, Liberia's main importing competitors in Passenger and Cargo Ships were:

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $3.99M
TOP IMPORT POTENTIALIndia+ $6.95M

Passenger and Cargo Ships’s highest export potential is South Korea. With an export gap of $3.99M.   Passenger and Cargo Ships’s highest import potential is India with an import gap of $6.95M.

See methodology.

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