2023
Exports
$891kWorld Rnk 129 / 210
Flag Rnk 31 / 430
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$54.6MWorld Rnk 158 / 225
Flag Rnk 6 / 1058
2023
ECONOMIC COMPLEXITY of Liberia
-1.44Rnk 126 / 132

About

Exports In 2023, Liberia exported $891k in Cars, making it the 129th largest exporter of Cars in the world. At the same year, Cars was the 31st most exported product in Liberia. The main destination of Cars exports from Liberia are: Nigeria ($331k), United States ($114k), Belgium ($106k), United Arab Emirates ($100k), and Cote d'Ivoire ($67.7k).

The fastest growing export markets for Cars of Liberia between 2022 and 2023 were United States ($101k), United Arab Emirates ($100k), and Democratic Republic of the Congo ($55k).

Imports In 2023, Liberia imported $54.6M in Cars, becoming the 158th largest importer of Cars in the world. At the same year, Cars was the 6th most imported product in Liberia. Liberia imports Cars primarily from: Japan ($21.3M), United States ($10.8M), India ($4.97M), North Korea ($2.38M), and Indonesia ($1.36M).

The fastest growing import markets in Cars for Liberia between 2022 and 2023 were Japan ($4.83M), Belgium ($765k), and Slovakia ($755k).

Latest Trends

Dec 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 (2023)$891k
IMPORTS (2023)$54.6M
NET TRADE (2023)-$53.7M

In 2023, Liberia exported $891k in Cars. The main destinations of Liberia exports on Cars were Nigeria ($331k), United States ($114k), Belgium ($106k), United Arab Emirates ($100k), and Cote d'Ivoire ($67.7k).

In 2023, Liberia imported $54.6M in Cars, mainly from Japan ($21.3M), United States ($10.8M), India ($4.97M), North Korea ($2.38M), and Indonesia ($1.36M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Liberia WERE (2022 - 2023):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Liberia WERE (2022 - 2023):
Ghana-$53.7k (-68.6%)
Guyana-$19.2k (-100%)
Belgium-$9.1k (-7.89%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Liberia's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, 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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