2023
Exports
$415kWorld Rnk 69 / 164
Flag Rnk 40 / 430
2023
PRODUCT COMPLEXITY IN Drilling Machines
1.11Rnk 139 / 1025
2023
Imports
$215kWorld Rnk 147 / 213
Flag Rnk 479 / 1058
2023
ECONOMIC COMPLEXITY of Liberia
-1.44Rnk 126 / 132

About

Exports In 2023, Liberia exported $415k in Drilling Machines, making it the 69th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 40th most exported product in Liberia. The main destination of Drilling Machines exports from Liberia are: United Arab Emirates ($290k), Saudi Arabia ($124k), and Cote d'Ivoire ($692).

The fastest growing export markets for Drilling Machines of Liberia between 2022 and 2023 were United Arab Emirates ($290k), Saudi Arabia ($124k), and Cote d'Ivoire ($692).

Imports In 2023, Liberia imported $215k in Drilling Machines, becoming the 147th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 479th most imported product in Liberia. Liberia imports Drilling Machines primarily from: China ($86.3k), Spain ($30.2k), Turkey ($17.7k), India ($17k), and Netherlands ($14.1k).

The fastest growing import markets in Drilling Machines for Liberia between 2022 and 2023 were China ($83.3k), Spain ($30.2k), and Netherlands ($14.1k).

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 Drilling Machines. 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)$415k
IMPORTS (2023)$215k
NET TRADE (2023)$200k

In 2023, Liberia exported $415k in Drilling Machines. The main destinations of Liberia exports on Drilling Machines were United Arab Emirates ($290k), Saudi Arabia ($124k), and Cote d'Ivoire ($692).

In 2023, Liberia imported $215k in Drilling Machines, mainly from China ($86.3k), Spain ($30.2k), Turkey ($17.7k), India ($17k), and Netherlands ($14.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Liberia WERE (2022 - 2023):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Liberia WERE (2022 - 2023):
Italy-$31.2k (-100%)
Guinea-$2.1k (-100%)
Germany-$1.58k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Liberia's main exporting competitors in Drilling Machines were:
In 2023, Liberia's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.45k
TOP IMPORT POTENTIALChina+ $3.97k

Drilling Machines’s highest export potential is Germany. With an export gap of $2.45k.   Drilling Machines’s highest import potential is China with an import gap of $3.97k.

See methodology.

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