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Pricing

2023
Flag → Flag
Exports $146MRnk 148 / 220
2023
Flag → Flag
Top Product $36.3MRefined Petroleum
2023
Flag → Flag
Exports $67.3MRnk 9 / 112
2023
Flag → Flag
Top Product $63.5MRubber
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

United States-Liberia Trade: In 2023, United States exported $146M to Liberia. The main products that United States exported to Liberia were Refined Petroleum ($36.3M), Cars ($10.8M), and Used Clothing ($9.62M). Over the past 5 years the exports of United States to Liberia have decreased at an annualized rate of 0.87%, from $153M in 2018 to $146M in 2023.

In 2023, United States did not export any services to Liberia.

Liberia-United States Trade: In 2023, Liberia exported $67.3M to United States. The main products that Liberia exported to United States were Rubber ($63.5M), Diamonds ($935k), and Palm Oil ($866k). Over the past 5 years the exports of Liberia to United States have decreased at an annualized rate of 0.078%,  from $68M in 2018 to $67.3M in 2023.

In 2023, Liberia did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Company data: In 2023, leading companies such as Continental Tire (1) were at the forefront of exporting goods from Liberia to the United States. Conversely, Unknown (1) were notable for importing products to Liberia from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $11M and imported $6.28M from Liberia, resulting in a positive trade balance of $4.68M. Between November 2023 and November 2024 the exports of United States have decreased by $-19.9M (-64.5%) from $30.9M to $11M, while imports increased by $3.77M (150%) from $2.51M to $6.28M.

Trade In November 2024, the top exports of United States to Liberia were Refined Petroleum ($8.85M), Plastic Housewares ($884k), Cars ($670k), Commodities not elsewhere specified ($612k), and Used Clothing ($595k). In November 2024 the top imports of United States from Liberia were Rubber ($2.7M), Sculptures ($189k), Machinery Having Individual Functions ($122k), Blank Audio Media ($84.4k), and Palm Oil ($52.4k).

Origins In November 2024 the exports of United States were mainly from Texas ($5.71M), Pennsylvania ($1.07M), Maryland ($612k), Alabama ($595k), and Minnesota ($535k), while imports destinations were mainly Tennessee ($5.67M), California ($505k), New York ($33.8k), Pennsylvania ($30k), and Georgia ($22k).

Growth In November 2024, the decrease in United States's year-by-year exports to Liberia was explained primarily by an decrease in product exports in Porcelain Tableware ($-302k or -88.6%), Cars ($-222k or -24.9%), and Motor vehicles; parts and accessories (8701... ($-58.6k or -28.3%). In November 2024, the increase in United States's year-by-year imports  from Liberia was explained primarily by an increase in product imports  in Sculptures ($167k or 728%), Palm Oil ($33.2k or 174%), and Blank Audio Media ($32.7k or 63.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-19.9M(-64.5%)
IMPORT GROWTH (November 2023 - November 2024)$3.77M(150%)
MAIN EXPORTER (November 2024)Texas$5.71M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Liberia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Liberia and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $146M to Liberia. The main products exported from United States to Liberia were Refined Petroleum ($36.3M), Cars ($10.8M), and Used Clothing ($9.62M). During the last 5 years the exports of United States to Liberia have decreased at an annualized rate of 0.87%, from $153M in 2018 to $146M in 2023.

In 2018, Liberia exported $67.3M to United States. The main products exported from Liberia to United States were Rubber ($63.5M), Diamonds ($935k), and Palm Oil ($866k). During the last 5 years the exports of Liberia to United States have decreased at an annualized rate of 0.078%, from $68M in 2023 to $67.3M in 2018.

Exports from United States (Flag) to Liberia (Flag) (2023)

Exports from Liberia (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Liberia
Top DestinationSwitzerland$708M

This map shows whether countries import more from United States or Liberia. Each country is colored based on the difference in imports they receive from United States and Liberia or the difference in the growth in imports.

In 2023, countries that imported more from United States than Liberia included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Liberia than from United States.

Difference in imports from Liberia (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Liberia

Flow
Scale

This chart compares trade between United States and Liberia by product, considering products traded by both, United States and Liberia.

During 2023, United States had a large net trade with Liberia in the exports of Mineral Products ($36.4M), Transportation ($23.5M), and Machines ($21.2M).

During 2018, Liberia had a large net trade with United States in the exports of Plastics and Rubbers ($63.5M), Animal and Vegetable Bi-Products ($1.32M), and Precious Metals ($935k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Liberia+$60.5MRefined Petroleum
Top Product Potential Liberia United States+$6.14MRubber

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Liberia. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Liberia (Flag) (2023)

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