2022
Exports
$131kWorld Rnk 145 / 216
Flag Rnk 41 / 360
2022
PRODUCT COMPLEXITY IN Electric Motors
0.76Rnk 259 / 1025
2022
Imports
$4.16MWorld Rnk 151 / 226
Flag Rnk 114 / 995
2022
ECONOMIC COMPLEXITY of Liberia
-1.72Rnk 128 / 133

About

Exports In 2022, Liberia exported $131k in Electric Motors, making it the 145th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 41st most exported product in Liberia. The main destination of Electric Motors exports from Liberia are: Belgium ($108k), China ($19.9k), Pakistan ($2.04k), Cote d'Ivoire ($761), and Turkey ($298).

The fastest growing export markets for Electric Motors of Liberia between 2021 and 2022 were Belgium ($108k), China ($18.3k), and Turkey ($298).

Imports In 2022, Liberia imported $4.16M in Electric Motors, becoming the 151st largest importer of Electric Motors in the world. At the same year, Electric Motors was the 114th most imported product in Liberia. Liberia imports Electric Motors primarily from: China ($1.02M), Greece ($866k), United States ($508k), Turkey ($466k), and Japan ($338k).

The fastest growing import markets in Electric Motors for Liberia between 2021 and 2022 were United States ($420k), China ($246k), and Turkey ($157k).

Latest Trends

Oct 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 Electric Motors. 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)$131k
IMPORTS (2022)$4.16M
NET TRADE (2022)-$4.03M

In 2022, Liberia exported $131k in Electric Motors. The main destinations of Liberia exports on Electric Motors were Belgium ($108k), China ($19.9k), Pakistan ($2.04k), Cote d'Ivoire ($761), and Turkey ($298).

In 2022, Liberia imported $4.16M in Electric Motors, mainly from China ($1.02M), Greece ($866k), United States ($508k), Turkey ($466k), and Japan ($338k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Liberia WERE (2021 - 2022):
Belgium$108k (1%)
China$18.3k (1.13k%)
Turkey$298 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Liberia WERE (2021 - 2022):
Germany-$15.2k (-100%)
Pakistan-$4.58k (-69.2%)
Cote d'Ivoire-$2.09k (-73.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Liberia's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Liberia's main importing competitors in Electric Motors were:

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Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $56.5k
TOP IMPORT POTENTIALChina+ $713k

Electric Motors’s highest export potential is China. With an export gap of $56.5k.   Electric Motors’s highest import potential is China with an import gap of $713k.

See methodology.

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