Liberia

ECON COMPLEXITY (2018)

-1.04

RANK 114 OF 137

PRODUCT EXPORTS (2018)

$1.3B

RANK 140 OF 222

EXPORTS PER CAPITA (2018)

$271

RANK 24 OF 219

PRODUCT IMPORTS (2018)

$4.3B

RANK 137 OF 221

IMPORTS PER CAPITA (2018)

$892

RANK 13 of 219

SERVICE EXPORTS (2018)

$10.4M

RANK 88 OF 88

SERVICE IMPORTS (2018)

$181M

RANK 85 OF 88

GDP (2018)

$3.26B

CURRENT US$
RANK 162 OF 196

GDP GROWTH (2008-2018)

89.1%

CURRENT US$
RANK 40 OF 196

GDP PC (2018)

$677

CURRENT US$
RANK 185 OF 196

GDP PC GROWTH (2008-2018)

41.6%

Overview: This page contains the latest international trade data for Liberia, including service trade data, and tariffs. In 2018 Liberia was the number 162 economy in the world in terms of GDP (current US$), the number 140 in total exports, the number 137 in total imports, and the number 114 most complex economy according to the Economic Complexity Index (ECI). In 2018, Liberia exported $1.3B and imported $4.3B, resulting in a negative trade balance of -$3B. In 2018, Liberia’s exports per capita were $271 and its imports per capita were $892.

Trade: The top exports of Liberia are Gold ($359M), Passenger and Cargo Ships ($309M), Crude Petroleum ($190M), Iron Ore ($147M), and Rubber ($118M). The top imports of Liberia are Passenger and Cargo Ships ($1.79B), Refined Petroleum ($1.05B), Rice ($132M), Iron Structures ($102M), and Boat Propellers ($66.3M).

Destinations: Liberia exports mostly to Switzerland ($246M), Germany ($140M), India ($119M), United Kingdom ($87.1M), and China ($81.9M), and imports mostly from South Korea ($1.4B), China ($1.21B), Germany ($298M), Greece ($207M), and India ($181M).

Location: Liberia borders Cote d’Ivoire, Guinea, and Sierra Leone by land.

Exports

In 2018 Liberia exported a total of $1.3B, making it the number 140 exporter in the world. During the last five reported years the exports of Liberia have changed by $152M from $1.15B in 2013 to $1.3B in 2018.

The most recent exports are led by Gold ($359M), Passenger and Cargo Ships ($309M), Crude Petroleum ($190M), Iron Ore ($147M), and Rubber ($118M).

Imports

In 2018 Liberia imported $4.3B, making it the number 137 trade destination in the world. During the last five reported years the imports of Liberia changed by -$5.21B from $9.51B in 2013 to $4.3B in 2018.

The most recent imports of Liberia are led by Passenger and Cargo Ships ($1.79B), Refined Petroleum ($1.05B), Rice ($132M), Iron Structures ($102M), and Boat Propellers ($66.3M).

Trade Balance

As of 2018 Liberia had a negative trade balance of $2.45B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $4.65B in net imports.

Destinations

The top export destinations of Liberia are Germany ($443M), Switzerland ($189M), the United States ($61.5M), Indonesia ($47.9M) and Poland ($31M).

Origins

The most common import partners for Liberia are South Korea ($1.4B), China ($1.21B), Germany ($298M), Greece ($207M), and India ($181M).