HS Icon Refined Petroleum in  Flag Liberia

2021
Exports | Imports
: $4.61M | $2.63B, World Rnk 144 / 218
Flag Rnk 11 / 391 | World Rnk 63 / 226
Flag Rnk 2 / 979

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.91M | $762M, Senegal |  China

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

Exports In 2021, Liberia exported $4.61M in Refined Petroleum, making it the 144th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 11th most exported product in Liberia. The main destination of Refined Petroleum exports from Liberia are: Senegal ($1.91M), France ($1.06M), United Arab Emirates ($503k), South Korea ($292k), and Mozambique ($273k).

The fastest growing export markets for Refined Petroleum of Liberia between 2020 and 2021 were Senegal ($1.91M), France ($1.06M), and Mozambique ($273k).

Imports In 2021, Liberia imported $2.63B in Refined Petroleum, becoming the 63rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Liberia. Liberia imports Refined Petroleum primarily from: China ($1.91B), Brazil ($312M), Greece ($281M), Turkey ($36.7M), and United States ($35.3M).

The fastest growing import markets in Refined Petroleum for Liberia between 2020 and 2021 were China ($762M), Greece ($186M), and Brazil ($123M).

Tariffs In 2018, the average tariff for Liberia in Refined Petroleum was 9.57%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatment, 9.57%), Burundi (Most Favoured Nation duty rate treatment, 9.57%), Benin (Most Favoured Nation duty rate treatment, 9.57%), Burkina Faso (Most Favoured Nation duty rate treatment, 9.57%), and Botswana (Most Favoured Nation duty rate treatment, 9.57%).

Mar 2023

Subnational Monthly Trade

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The following visualization shows the latest trends on Refined Petroleum. 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

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EXPORTS (2021): $4.61M

IMPORTS (2021): $2.63B

NET TRADE (2021): -$2.62B

In 2021, Liberia exported $4.61M in Refined Petroleum. The main destinations of Liberia exports on Refined Petroleum were Senegal ($1.91M), France ($1.06M), United Arab Emirates ($503k), South Korea ($292k), and Mozambique ($273k).

In 2021, Liberia imported $2.63B in Refined Petroleum, mainly from China ($1.91B), Brazil ($312M), Greece ($281M), Turkey ($36.7M), and United States ($35.3M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Liberia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Liberia WERE (2020 - 2021):

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Market Concentration

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In 2021, Liberia's main exporting competitors in Refined Petroleum were:

In 2021, Liberia's main importing competitors in Refined Petroleum were:

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