Liberia
Compare Liberia →LR · LBR · BACI 430 · latest data 2024
Exports
= $2,571 M68.1% over 5 yrs (up)
Imports
= $22,951 M161.7% over 5 yrs (up)
Trade balancedeficit
= −$20,380 M
Total trade
= $25,523 M147.8% over 5 yrs (up)
- World position
- #135 of 225 exporters · bottom half · #76 of 225 importers · top half · 2024
- World export share since 1995
- −0.0 pp
Trade timeline
Liberia's exports grew from $945M in 1995 to $2.6B in 2024; the 2024 balance was −$20.4B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $945 M | $4,899 M | −$3,954 M | $5,843 M |
| 1996 | $1,131 M | $3,157 M | −$2,026 M | $4,288 M |
| 1997 | $1,155 M | $3,239 M | −$2,085 M | $4,394 M |
| 1998 | $1,274 M | $5,489 M | −$4,215 M | $6,762 M |
| 1999 | $658 M | $3,185 M | −$2,527 M | $3,843 M |
| 2000 | $771 M | $4,654 M | −$3,883 M | $5,426 M |
| 2001 | $1,110 M | $3,818 M | −$2,708 M | $4,928 M |
| 2002 | $808 M | $3,754 M | −$2,946 M | $4,562 M |
| 2003 | $964 M | $3,421 M | −$2,457 M | $4,384 M |
| 2004 | $1,084 M | $3,880 M | −$2,796 M | $4,964 M |
| 2005 | $1,494 M | $4,476 M | −$2,982 M | $5,969 M |
| 2006 | $1,720 M | $5,867 M | −$4,147 M | $7,587 M |
| 2007 | $1,051 M | $6,390 M | −$5,339 M | $7,441 M |
| 2008 | $1,230 M | $9,232 M | −$8,002 M | $10,462 M |
| 2009 | $1,404 M | $10,073 M | −$8,669 M | $11,477 M |
| 2010 | $981 M | $13,638 M | −$12,657 M | $14,619 M |
| 2011 | $976 M | $18,450 M | −$17,474 M | $19,426 M |
| 2012 | $1,369 M | $12,182 M | −$10,813 M | $13,551 M |
| 2013 | $1,400 M | $9,834 M | −$8,434 M | $11,234 M |
| 2014 | $1,539 M | $7,952 M | −$6,413 M | $9,491 M |
| 2015 | $1,757 M | $6,113 M | −$4,357 M | $7,870 M |
| 2016 | $1,061 M | $7,999 M | −$6,938 M | $9,060 M |
| 2017 | $1,342 M | $4,887 M | −$3,545 M | $6,229 M |
| 2018 | $1,552 M | $6,144 M | −$4,592 M | $7,695 M |
| 2019 | $1,529 M | $8,769 M | −$7,240 M | $10,298 M |
| 2020 | $1,145 M | $8,244 M | −$7,099 M | $9,389 M |
| 2021 | $1,889 M | $11,382 M | −$9,492 M | $13,271 M |
| 2022 | $2,202 M | $14,967 M | −$12,766 M | $17,169 M |
| 2023 | $2,359 M | $13,493 M | −$11,134 M | $15,852 M |
| 2024 | $2,571 M | $22,951 M | −$20,380 M | $25,523 M |
Trading partners
China was Liberia's top trading partner in 2024, at 51.6% of total trade; the top five partners covered 85.0%.
- Top partner share
- 51.6%
- Top-5 share
- 85.0%
- Partners
- 106
- Partner HHI (0–1)
- 0.316
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | China | $106 M | $13,064 M | $13,170 M | −$12,959 M |
| #2 | South Korea | $49 M | $5,215 M | $5,264 M | −$5,166 M |
| #3 | Japan | $1 M | $1,667 M | $1,667 M | −$1,666 M |
| #4 | Switzerland | $894 M | $15 M | $909 M | $879 M |
| #5 | Germany | $245 M | $444 M | $689 M | −$199 M |
| #6 | Brazil | $0 M | $458 M | $458 M | −$458 M |
| #7 | India | $24 M | $307 M | $332 M | −$283 M |
| #8 | Türkiye | $17 M | $304 M | $322 M | −$287 M |
| #9 | United States | $73 M | $210 M | $283 M | −$138 M |
| #10 | Greece | $0 M | $238 M | $238 M | −$238 M |
| #11 | Denmark | $99 M | $112 M | $210 M | −$13 M |
| #12 | South Africa | $1 M | $175 M | $176 M | −$174 M |
| #13 | Lebanon | $137 M | $30 M | $166 M | $107 M |
| #14 | Malaysia | $136 M | $29 M | $165 M | $107 M |
| #15 | Poland | $54 M | $69 M | $123 M | −$15 M |
Products & sectors
Product composition of Liberia's trade in 2024.
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Concentration & risk
Liberia's export partners diversified over 1995–2024 — HHI 0.651 → 0.146, a moderately concentrated export base across 88 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.651 | 0.205 | 49 | 65 |
| 1996 | 0.257 | 0.166 | 67 | 71 |
| 1997 | 0.266 | 0.269 | 63 | 71 |
| 1998 | 0.193 | 0.170 | 72 | 76 |
| 1999 | 0.226 | 0.174 | 71 | 80 |
| 2000 | 0.140 | 0.182 | 82 | 86 |
| 2001 | 0.189 | 0.179 | 86 | 85 |
| 2002 | 0.096 | 0.225 | 82 | 82 |
| 2003 | 0.250 | 0.252 | 87 | 91 |
| 2004 | 0.141 | 0.260 | 87 | 98 |
| 2005 | 0.177 | 0.262 | 101 | 97 |
| 2006 | 0.169 | 0.332 | 100 | 108 |
| 2007 | 0.158 | 0.212 | 96 | 105 |
| 2008 | 0.108 | 0.148 | 108 | 108 |
| 2009 | 0.161 | 0.294 | 100 | 107 |
| 2010 | 0.103 | 0.283 | 107 | 113 |
| 2011 | 0.068 | 0.266 | 101 | 109 |
| 2012 | 0.082 | 0.217 | 101 | 109 |
| 2013 | 0.123 | 0.219 | 103 | 115 |
| 2014 | 0.093 | 0.210 | 95 | 107 |
| 2015 | 0.125 | 0.131 | 105 | 112 |
| 2016 | 0.084 | 0.267 | 101 | 111 |
| 2017 | 0.161 | 0.130 | 111 | 148 |
| 2018 | 0.064 | 0.137 | 111 | 146 |
| 2019 | 0.061 | 0.201 | 114 | 145 |
| 2020 | 0.067 | 0.190 | 112 | 149 |
| 2021 | 0.083 | 0.183 | 115 | 149 |
| 2022 | 0.093 | 0.200 | 108 | 137 |
| 2023 | 0.129 | 0.285 | 112 | 135 |
| 2024 | 0.146 | 0.382 | 88 | 98 |
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