2023
Exports
$393MWorld Rnk 20 / 127
Flag Rnk 2 / 430
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$5.41kWorld Rnk 106 / 125
Flag Rnk 877 / 1058
2023
ECONOMIC COMPLEXITY of Liberia
-1.44Rnk 126 / 132

About

Exports In 2023, Liberia exported $393M 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 ($116M), Germany ($85.9M), Poland ($49.9M), Spain ($48.6M), and China ($47.7M).

The fastest growing export markets for Iron Ore of Liberia between 2022 and 2023 were China ($47.6M), Spain ($12.5M), and Poland ($5.86M).

Imports In 2023, Liberia imported $5.41k in Iron Ore, becoming the 106th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 877th most imported product in Liberia. Liberia imports Iron Ore primarily from: France ($5.41k).

The fastest growing import markets in Iron Ore for Liberia between N/A and 2023 were France ($5.41k).

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 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 (2023)$393M
IMPORTS (2023)$5.41k
NET TRADE (2023)$393M

In 2023, Liberia exported $393M in Iron Ore. The main destinations of Liberia exports on Iron Ore were France ($116M), Germany ($85.9M), Poland ($49.9M), Spain ($48.6M), and China ($47.7M).

In 2023, Liberia imported $5.41k in Iron Ore, mainly from France ($5.41k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Liberia WERE (2022 - 2023):
China$47.6M (331k%)
Spain$12.5M (34.6%)
Poland$5.86M (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Liberia WERE (2022 - 2023):
France-$38M (-24.7%)
Belgium-$17.7M (-100%)
United Kingdom-$13.8M (-29%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Liberia's main exporting competitors in Iron Ore were:
In 2023, Liberia's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
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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