2023
Exports
$196MWorld Rnk 32 / 121
Flag Rnk 4 / 430
2023
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.44Rnk 679 / 1025
2023
Imports
$9.63BWorld Rnk 1 / 183
Flag Rnk 1 / 1058
2023
ECONOMIC COMPLEXITY of Liberia
-1.44Rnk 126 / 132

About

Exports In 2023, Liberia exported $196M in Passenger and Cargo Ships, making it the 32nd largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 4th most exported product in Liberia. The main destination of Passenger and Cargo Ships exports from Liberia are: Germany ($52.9M), Poland ($43.4M), Indonesia ($19.3M), Cyprus ($17.9M), and India ($16.4M).

The fastest growing export markets for Passenger and Cargo Ships of Liberia between 2022 and 2023 were India ($16.4M), Greece ($9.4M), and Turkey ($8.58M).

Imports In 2023, Liberia imported $9.63B 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: N/A.

The fastest growing import markets in Passenger and Cargo Ships for Liberia between 2022 and 2023 were China ($2.15B), Germany ($266M), and Japan ($137M).

Latest Trends

Dec 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 (2023)$196M
IMPORTS (2023)$9.63B
NET TRADE (2023)-$9.43B

In 2023, Liberia exported $196M in Passenger and Cargo Ships. The main destinations of Liberia exports on Passenger and Cargo Ships were Germany ($52.9M), Poland ($43.4M), Indonesia ($19.3M), Cyprus ($17.9M), and India ($16.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Liberia WERE (2022 - 2023):
India$16.4M (1%)
Greece$9.4M (1%)
Turkey$8.58M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Liberia WERE (2022 - 2023):
Poland-$42.9M (-49.7%)
Cyprus-$40.5M (-69.3%)
Denmark-$38.8M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Liberia's main exporting competitors in Passenger and Cargo Ships were:
China $18.1B
Japan $9.72B
Germany $3.54B
In 2023, 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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