2022
Exports
$356kWorld Rnk 158 / 210
Flag Rnk 29 / 360
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$29.6MWorld Rnk 167 / 224
Flag Rnk 13 / 995
2022
ECONOMIC COMPLEXITY of Liberia
-1.72Rnk 128 / 133

About

Exports In 2022, Liberia exported $356k in Cars, making it the 158th largest exporter of Cars in the world. At the same year, Cars was the 29th most exported product in Liberia. The main destination of Cars exports from Liberia are: Nigeria ($329k), Guyana ($19k), Togo ($4.89k), and Senegal ($2.52k).

The fastest growing export markets for Cars of Liberia between 2021 and 2022 were Nigeria ($116k), Guyana ($19k), and Senegal ($2.52k).

Imports In 2022, Liberia imported $29.6M in Cars, becoming the 167th largest importer of Cars in the world. At the same year, Cars was the 13th most imported product in Liberia. Liberia imports Cars primarily from: United States ($10.2M), India ($6.43M), South Korea ($4.96M), United Arab Emirates ($2.64M), and Slovakia ($931k).

The fastest growing import markets in Cars for Liberia between 2021 and 2022 were Indonesia ($454k), Hungary ($323k), and Lebanon ($314k).

Latest Trends

Sep 2024

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 Cars. 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 (2022)$356k
IMPORTS (2022)$29.6M
NET TRADE (2022)-$29.3M

In 2022, Liberia exported $356k in Cars. The main destinations of Liberia exports on Cars were Nigeria ($329k), Guyana ($19k), Togo ($4.89k), and Senegal ($2.52k).

In 2022, Liberia imported $29.6M in Cars, mainly from United States ($10.2M), India ($6.43M), South Korea ($4.96M), United Arab Emirates ($2.64M), and Slovakia ($931k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Liberia WERE (2021 - 2022):
Nigeria$116k (54.1%)
Guyana$19k (1%)
Senegal$2.52k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Liberia WERE (2021 - 2022):
Malawi-$33.9k (-100%)
United States-$13k (-100%)
Egypt-$9.65k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Liberia's main exporting competitors in Cars were:
In 2022, Liberia's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $242k
TOP IMPORT POTENTIALUnited States+ $3.7M

Cars’s highest export potential is Nigeria. With an export gap of $242k.   Cars’s highest import potential is United States with an import gap of $3.7M.

See methodology.

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