2023
Exports
$195MWorld Rnk 9 / 131
Flag Rnk 5 / 430
2023
PRODUCT COMPLEXITY IN Rubber
-2.34Rnk 1011 / 1025
2023
Imports
$13.4MWorld Rnk 50 / 193
Flag Rnk 42 / 1058
2023
ECONOMIC COMPLEXITY of Liberia
-1.44Rnk 126 / 132

About

Exports In 2023, Liberia exported $195M in Rubber, making it the 9th largest exporter of Rubber in the world. At the same year, Rubber was the 5th most exported product in Liberia. The main destination of Rubber exports from Liberia are: United States ($63.5M), Belgium ($30.6M), Canada ($26.5M), Malaysia ($22.6M), and Germany ($13.4M).

The fastest growing export markets for Rubber of Liberia between 2022 and 2023 were Belgium ($7.66M), Canada ($1.94M), and India ($1.85M).

Imports In 2023, Liberia imported $13.4M in Rubber, becoming the 50th largest importer of Rubber in the world. At the same year, Rubber was the 42nd most imported product in Liberia. Liberia imports Rubber primarily from: Guinea ($10.2M), Spain ($1.95M), United States ($450k), Mexico ($212k), and Poland ($191k).

The fastest growing import markets in Rubber for Liberia between 2022 and 2023 were Guinea ($3.13M), Spain ($1.25M), and Mexico ($212k).

Latest Trends

Jan 2025

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 Rubber. 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)$195M
IMPORTS (2023)$13.4M
NET TRADE (2023)$181M

In 2023, Liberia exported $195M in Rubber. The main destinations of Liberia exports on Rubber were United States ($63.5M), Belgium ($30.6M), Canada ($26.5M), Malaysia ($22.6M), and Germany ($13.4M).

In 2023, Liberia imported $13.4M in Rubber, mainly from Guinea ($10.2M), Spain ($1.95M), United States ($450k), Mexico ($212k), and Poland ($191k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Liberia WERE (2022 - 2023):
Belgium$7.66M (33.3%)
Canada$1.94M (7.9%)
India$1.85M (458%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Liberia WERE (2022 - 2023):
Malaysia-$29.1M (-56.3%)
United States-$23.9M (-27.3%)
Spain-$7.01M (-42.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Liberia's main exporting competitors in Rubber were:
In 2023, Liberia's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.14M
TOP IMPORT POTENTIALCote d'Ivoire+ $712

Rubber’s highest export potential is United States. With an export gap of $6.14M.   Rubber’s highest import potential is Cote d'Ivoire with an import gap of $712.

See methodology.

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