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Pricing

2022
Flag → Flag
Exports $247MRnk 127 / 219
2022
Flag → Flag
Top Product $150MRefined Petroleum
2022
Flag → Flag
Exports $89.6MRnk 7 / 86
2022
Flag → Flag
Top Product $87.3MRubber
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

United States-Liberia Trade: In 2022, United States exported $247M to Liberia. The main products that United States exported to Liberia were Refined Petroleum ($150M), Cars ($10.2M), and Iron Pipes ($8.49M). Over the past 5 years the exports of United States to Liberia have increased at an annualized rate of 13.8%, from $130M in 2017 to $247M in 2022.

In 2022, United States did not export any services to Liberia.

Liberia-United States Trade: In 2022, Liberia exported $89.6M to United States. The main products that Liberia exported to United States were Rubber ($87.3M), Gold ($567k), and Palm Oil ($414k). Over the past 5 years the exports of Liberia to United States have increased at an annualized rate of 5.72%,  from $67.8M in 2017 to $89.6M in 2022.

In 2022, Liberia did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

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

August, 2024

About

Overview In August 2024, United States exported $7.73M and imported $2.12M from Liberia, resulting in a positive trade balance of $5.61M. Between August 2023 and August 2024 the exports of United States have decreased by $-19.6M (-71.7%) from $27.3M to $7.73M, while imports decreased by $-4.21M (-66.5%) from $6.32M to $2.12M.

Trade In August 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 August 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 August 2024 the exports of United States were mainly from Texas ($2.76M), Pennsylvania ($1.1M), Maryland ($791k), Georgia ($462k), and Virginia ($403k), while imports destinations were mainly Tennessee ($1.62M), Georgia ($433k), California ($37.9k), New York ($17.6k), and Texas ($5.96k).

Growth In August 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... ($-58.6k or -28.3%). In August 2024, the decrease in United States's year-by-year imports  from Liberia was explained primarily by an decrease in product imports  in Rubber ($-5.69M or -67.8%) and Commodities not elsewhere specified ($-25.1k or -61.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-19.6M(-71.7%)
IMPORT GROWTH (August 2023 - August 2024)$-4.21M(-66.5%)
MAIN EXPORTER (August 2024)Texas$2.76M

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 2022, United States exported $247M to Liberia. The main products exported from United States to Liberia were Refined Petroleum ($150M), Cars ($10.2M), and Iron Pipes ($8.49M). During the last 5 years the exports of United States to Liberia have increased at an annualized rate of 13.8%, from $130M in 2017 to $247M in 2022.

In 2017, Liberia exported $89.6M to United States. The main products exported from Liberia to United States were Rubber ($87.3M), Gold ($567k), and Palm Oil ($414k). During the last 5 years the exports of Liberia to United States have increased at an annualized rate of 5.72%, from $67.8M in 2022 to $89.6M in 2017.

Exports from United States (Flag) to Liberia (Flag) (2022)

Exports from Liberia (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Liberia
Top DestinationSwitzerland$544M

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 2022, countries that imported more from United States than Liberia included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, no countries were registered that imported more from Liberia than from United States.

Difference in imports from Liberia (Flag) and United States (Flag) (2022)

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 2022, United States had a large net trade with Liberia in the exports of Mineral Products ($150M), Metals ($16.3M), and Plastics and Rubbers ($15.9M).

During 2017, Liberia had a large net trade with United States in the exports of Plastics and Rubbers ($87.3M), Precious Metals ($901k), and Animal and Vegetable Bi-Products ($452k).

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) (2022)

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