Overview In 2022, Liberia was the number 155 economy in the world in terms of GDP (current US$), the number 144 in total exports, the number 91 in total imports, the number 176 economy in terms of GDP per capita (current US$) and the number 128 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Liberia are Gold ($699M), Iron Ore ($347M), Passenger and Cargo Ships ($291M), Rubber ($216M), and Special Purpose Ships ($109M), exporting mostly to Switzerland ($544M), France ($158M), Germany ($156M), United Kingdom ($148M), and Poland ($124M).

Imports The top imports of Liberia are Passenger and Cargo Ships ($11.2B), Refined Petroleum ($4.22B), Additive manufacturing machines ($277M), Centrifuges ($178M), and Rice ($124M), importing mostly from China ($7.52B), South Korea ($4.18B), Japan ($2.65B), Germany ($842M), and Brazil ($501M).

In 2022, Liberia was the world's biggest importer of Passenger and Cargo Ships ($11.2B)

Location Liberia borders Cote d'Ivoire, Guinea, and Sierra Leone by land.

Latest Trends

Latest Trade


The following section uses the most recent trade data from partners of Liberia.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data


The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Top Export (2022)Gold$699M
Top Destination (2022)Switzerland$544M

In 2022, Liberia exported a total of $1.96B, making it the number 144 exporter in the world. During the last five reported years the exports of Liberia have changed by $714M from $1.25B in 2017 to $1.96B in 2022.

The most recent exports are led by Gold ($699M), Iron Ore ($347M), Passenger and Cargo Ships ($291M), Rubber ($216M), and Special Purpose Ships ($109M). The most common destination for the exports of Liberia are Switzerland ($544M), France ($158M), Germany ($156M), United Kingdom ($148M), and Poland ($124M).

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Exports (2022)
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Destinations (2022)
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Market Growth

Fastest Growing Export Markets (2021 - 2022)
Switzerland$201M (+ 58.7%)
United Kingdom$127M (+ 608%)
Netherlands$43.3M (+ 210%)
Fastest Growing Import Markets (2021 - 2022)
South Korea$2.18B (+ 110%)
China$1.84B (+ 32.4%)
Japan$247M (+ 10.3%)

Total Export Growth by Market (2021 - 2022)

Service Trade

Service Trade

Liberia Exports Services (2018)$10.4M
Liberia Imports Services (2018)$181M

In 2018, Liberia exported $10.4M worth of services. The top services exported by Liberia in 2018 were Insurance services ($10M) and Government services, n.i.e. ($382k).

The top services imported by Liberia in 2018 were Transportation ($87.9M), Insurance services ($65.8M), Other business services ($15.8M), Business travel ($7.66M), and Government services, n.i.e. ($4.23M).

Service Exports (2018)

Service Imports (2018)

Economic Complexity

Most Specialized Products by RCA Index

Liberia has a high level of specialization in Rubber (142), Cocoa Beans (65), Passenger and Cargo Ships (48.7), Special Purpose Ships (46.4), and Iron Ore (26.5). Specialization is measured using RCA, an index that takes the ratio between Liberia observed and expected exports in each product.

Most Complex Products by PCI

Export Opportunities by Relatedness

The top export opportunities for Liberia according to the relatedness index, were Cocoa Shells (0.057), Crude Petroleum (0.04), Uranium and Thorium Ore (0.04), Manganese Ore (0.039), and Aluminium Ore (0.038). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Liberia is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Liberia. These are products that tend to be co-exported with the products that Liberia exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier


The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

Economic Complexity Ranking


During the last 20 years Liberia's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨nullth to the 128th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings

ECI (Trade) Ranking by Country

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