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2022
Exports $347MWorld Rnk 20 / 128
Flag Rnk 2 / 360
falsefalse France
2021 - 2022
FASTEST GROWING MARKETfalseUnited Kingdom
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $5.07kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Liberia-1.72Rnk 128 / 133

About

Exports In 2022, Liberia exported $347M in Iron Ore, making it the 20th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 2nd most exported product in Liberia. The main destination of Iron Ore exports from Liberia are: France ($154M), Germany ($70.4M), United Kingdom ($38.6M), Poland ($35.6M), and Spain ($29.4M).

The fastest growing export markets for Iron Ore of Liberia between 2021 and 2022 were United Kingdom ($17.9M), Spain ($8.89M), and Netherlands ($4.52M).

Imports In 2014, Liberia imported $5.07k in Iron Ore, becoming the 0th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 0th most imported product in Liberia. Liberia imports Iron Ore primarily from: N/A.

Latest Trends

Aug 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 Iron Ore. 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)$347M
IMPORTS (2014)$5.07k
NET TRADE (2022)$347M

In 2022, Liberia exported $347M in Iron Ore. The main destinations of Liberia exports on Iron Ore were France ($154M), Germany ($70.4M), United Kingdom ($38.6M), Poland ($35.6M), and Spain ($29.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Liberia WERE (2021 - 2022):
United Kingdom$17.9M (86.7%)
Spain$8.89M (43.3%)
Netherlands$4.52M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Liberia WERE (2021 - 2022):
France-$32.9M (-17.6%)
Poland-$30.6M (-46.2%)
Germany-$18.5M (-20.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Liberia's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Liberia's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $6.63M
TOP IMPORT POTENTIALBrazil+ $557

Iron Ore’s highest export potential is Germany. With an export gap of $6.63M.   Iron Ore’s highest import potential is Brazil with an import gap of $557.

See methodology.

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