Liberia

Liberia

Global Trade Profile • Rank #140 Exporter

$2.36B

Total Exports (2023)

$15.45B

Total Imports (2023)

$13.09B

Trade Deficit

#140

Export Ranking

Trade Flow Visualization

Interactive map showing Liberia's top trading partners. Green lines represent exports, red lines represent imports.

#140

Export Rank

$2.36B

Total Exports

$15.45B

Total Imports

-$13.09B

Trade Balance

28

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Metals: gold, non-monetary, unwrought (but not pow...
37.0%$871.25M
#2Iron ores and concentrates: non-agglomerated
15.2%$358.99M
#3Floating or submersible drilling or production pla...
11.7%$276.24M
#4Vessels: n.e.c. in heading no. 8901, for the trans...
6.1%$143.60M
#5Rubber: technically specified natural rubber (TSNR...
5.7%$134.18M
#6Petroleum oils and oils from bituminous minerals, ...
4.2%$98.87M
#7Petroleum gases and other gaseous hydrocarbons: li...
3.3%$78.55M
#8Vegetable oils: palm oil and its fractions, crude,...
2.6%$60.45M
#9Cocoa beans: whole or broken, raw or roasted
2.3%$54.93M
#10Rubber: natural (excluding latex, technically spec...
2.3%$54.12M

📥 Top Import Sources

Top Import Products

#1Vessels: n.e.c. in heading no. 8901, for the trans...
55.1%$8.51B
#2Petroleum oils and oils from bituminous minerals, ...
17.3%$2.68B
#3Tankers
5.3%$812.18M
#4Cruise ships, excursion boats and similar vessels,...
3.5%$536.65M
#5Machinery: for filtering or purifying gases, other...
1.2%$181.05M
#6Cereals: rice, semi-milled or wholly milled, wheth...
1.0%$158.48M
#7Iron or steel: structures and parts thereof, n.e.c...
0.6%$92.32M
#8Engines: parts for internal combustion piston engi...
0.5%$80.71M
#9Vehicles: compression-ignition internal combustion...
0.5%$76.36M
#10Machines and mechanical appliances: parts, of thos...
0.4%$59.54M

📈 Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

📈

Trend Direction

Liberia Trade Analysis 2023

📊 Overview

#140
Global Export Rank
17.80B
Total Trade Volume
0.09%
Share of Global Trade

Liberia stands as the world's #140 largest exporter and #100 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 13.09 billion, reflecting import dependencies for growth.

⚠️
Trade deficit of 84.7% of imports requires careful management of external financing.
2.36B
Total Exports
15.45B
Total Imports
0.15
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $1.48B, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

Switzerland
United Kingdom
France
Germany
Lebanon
Others

Export Market Concentration

30.0%
$707.62M
13.0%$305.91M
8.3%$196.69M
6.6%$155.38M
4.4%$104.81M
4.3%$101.13M
3.6%$85.12M
13 others
24.3%$572.69M

Export concentration shows Switzerland as the dominant market at 30.0%. The top three markets control 51.3% of exports.

⚠️

Market Concentration Risk

Heavy reliance on Switzerland (30.0% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
62.4%
Top 5 Markets
79.0%
Top 10 Markets
20
Total Partners

Regional patterns reveal European market focus. Secondary markets (Poland, China, United Arab Emirates) provide $391.10M in additional trade.

📦 Import Sources

Import Source Concentration

54.4%
$8.40B
18.3%
$2.83B
7.2%$1.11B
2.7%$417.39M
2.3%$348.37M
1.9%$291.42M
1.7%$268.60M
13 others
8.4%$1.29B

Liberia relies heavily on China for imports (54.4%),creating supply chain concentration risk.

Energy suppliers including United Arab Emirates (52.40M) collectively provide 52.40 million or 0.3% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, Indonesia, Malaysia, reflecting deep integration into Asian production networks. China's dominant position at 8.40 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 229.36 million (1.5%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 92.7% of total imports, with the remaining 7% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (1.11B), Belgium (68.79M), Netherlands (43.98M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Top Export Products

gold, non-monetary, unwrought (but not powder)...
37.0%
$871.25M
non-agglomerated
15.2%
$358.99M
Floating or submersible drilling or production pla...
11.7%$276.24M
n.e.c. in heading no. 8901, for the transport of g...
6.1%$143.60M
technically specified natural rubber (TSNR), in pr...
5.7%$134.18M
3 others
10.1%$237.87M

Liberia's export economy centers on diversified industrial production, with the leading export being gold, non-monetary, unwrought (but not powder)at $871.25 million, accounting for 37.0% of total exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.

Beyond automotive, Liberia maintains strong positions in specialized equipment,, and Metals, Iron ores and concentrates, Floating or submersible drilling or production platforms.

The top 20 export products collectively account for 97.6% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Top Import Products

n.e.c. in heading no. 8901, for the transport of g...
55.1%
$8.51B
preparations n.e.c. containing by weight 70% or mo...
17.3%
$2.68B
Tankers
5.3%$812.18M
Cruise ships, excursion boats and similar vessels,...
3.5%$536.65M
for filtering or purifying gases, other than intak...
1.2%$181.05M
3 others
2.1%$331.50M

Energy dominates Liberia's import profile, with fossil fuels accounting for 2.72 billion or 17.6% of total imports. Crude oil leads at 2.68 billion (17.3%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

🔑

Key Finding: Energy Dependency

Energy imports of $2.72B account for 17.6% of all imports, making Liberia vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include n.e.c. in heading no. 8901, for the tran... (8.51B, 55.1%), Tankers (812.18M, 5.3%), Cruise ships, excursion boats and simila... (536.65M, 3.5%), for filtering or purifying gases, other ... (181.05M, 1.2%), rice, semi-milled or wholly milled, whet... (158.48M, 1.0%).

The import product mix reveals structural characteristics of Liberia's economy: integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (8 : 12among top 20 products) indicates balanced import composition. Import substitution potential exists in technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 12 primary products to 5 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

⚖️ Trade Balance Dynamics

-13.09 billion
Trade Deficit 73.52% of total trade
PartnerExportsImportsBalance
China$85.12M$8.40B$-8.31B
Japan$0$2.83B$-2.83B
Germany$155.38M$1.11B$-954.19M
Switzerland$707.62M$0+$707.62M
Brazil$0$417.39M$-417.39M

Export-to-import ratio of 0.153 means exports cover 15.3% of import costs.

🔗 Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
China$85.12M$8.40B$-8.31B
Japan$0$2.83B$-2.83B
Germany$155.38M$1.11B$-954.19M
Switzerland$707.62M$0+$707.62M
Brazil$0$417.39M$-417.39M
United Kingdom$305.91M$54.98M+$250.93M
Türkiye$0$348.37M$-348.37M
India$32.82M$291.42M$-258.59M
Total$1.29B$13.45B$-12.16B

The Liberia-China relationship leads at 8.48 billion in bilateral trade.View detailed analysis →

Additional major partnerships include Germany (1.26B total trade), Switzerland (707.62M total trade), Brazil (417.39M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—15.30B across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position Liberia as the #140 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.024%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Liberia's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly ingold, non-monetary, unwro, non-agglomerated, Floating or submersible d. The revealed comparative advantage is strongest in product categories representing63.9% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 13.09B, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Spain, Netherlands, Belgium, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Liberia's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Liberia's position as the world's #140 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026