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Liberia trade in 2024

In 2024, Liberia exported $2.6 billion and imported $23 billion, a trade deficit of $20.4 billion. It was the world's 136th-largest exporter, with 0.01% of world exports. Its top export was gold (40.1% of the total) and its main trading partner was China (51.6% of its trade).

Summary

Exports
$2.6billion
Imports
$23billion
Trade balance
-$20.4billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Gold (40.1%) and cargo and cruise ships (17.7%) together make up 57.8% of its exports.

  1. Gold$1 billion · 40.1%
    Main partner: Switzerland
  2. Cargo and cruise ships$455 million · 17.7%
    Main partner: Germany
  3. Iron ore$291 million · 11.3%
    Main partner: France
  4. Cocoa beans$223 million · 8.7%
    Main partner: Malaysia
  5. Natural rubber$182 million · 7.1%
    Main partner: United States
  6. Crude petroleum$114 million · 4.4%
    Main partner: Australia
  7. Palm oil$81 million · 3.2%
    Main partner: Spain
  8. Refined petroleum$80 million · 3.1%
    Main partner: Gambia
  9. Diamonds$27 million · 1%
    Main partner: Belgium
  10. Dredgers and floating cranes$25 million · 0.99%
    Main partner: Thailand

What it imports

Cargo and cruise ships (72.9%) and refined petroleum (13.3%) together make up 86.2% of its imports.

  1. Cargo and cruise ships$16.7 billion · 72.9%
    Main partner: China
  2. Refined petroleum$3.1 billion · 13.3%
    Main partner: China
  3. 3D printers$404 million · 1.8%
    Main partner: China
  4. Steel structures$250 million · 1.1%
    Main partner: China
  5. Rice$147 million · 0.64%
    Main partner: India
  6. Engine parts$128 million · 0.56%
    Main partner: China
  7. Centrifuges and filters$126 million · 0.55%
    Main partner: China
  8. Synthetic paints and varnishes$62 million · 0.27%
    Main partner: China
  9. Poultry meat$49 million · 0.21%
    Main partner: Poland
  10. Railway track material$46 million · 0.2%
    Main partner: South Africa
By Harmonized System chapter (95)
ChapterExportsImports
71 · Gems and precious metals$1.1 billion$2 million
89 · Ships and boats$489 million$16.8 billion
26 · Ores and slag$303 million$35 thousand
18 · Cocoa and chocolate$223 million$3 million
27 · Oil, gas and coal$194 million$3.1 billion
40 · Rubber$182 million$41 million
15 · Fats and oils$84 million$45 million
44 · Wood$10 million$8 million
76 · Aluminum$7 million$19 million
74 · Copper$5 million$1 million
28 · Inorganic chemicals$4 million$9 million
84 · Mechanical machinery$3 million$1.1 billion
38 · Miscellaneous chemicals$2 million$15 million
25 · Salt, stone and cement$1 million$32 million
09 · Coffee, tea and spices$1 million$3 million
39 · Plastics$944 thousand$100 million
12 · Oilseeds and grains$457 thousand$463 thousand
90 · Precision and medical instruments$407 thousand$45 million
85 · Electrical and electronic equipment$395 thousand$221 million
73 · Iron and steel products$368 thousand$366 million
87 · Vehicles$313 thousand$124 million
62 · Woven clothing$301 thousand$15 million
72 · Iron and steel$253 thousand$36 million
02 · Meat and offal$172 thousand$83 million
97 · Art and antiques$159 thousand$845
69 · Ceramics$151 thousand$19 million
94 · Furniture and lighting$148 thousand$40 million
33 · Perfumes and cosmetics$133 thousand$23 million
49 · Books and printed matter$130 thousand$11 million
82 · Tools and cutlery$105 thousand$14 million
86 · Railway equipment$103 thousand$66 million
79 · Zinc$98 thousand$348 thousand
61 · Knitted clothing$82 thousand$26 million
20 · Preserved fruit and vegetables$81 thousand$6 million
35 · Glues, starches and enzymes$77 thousand$1 million
31 · Fertilizers$71 thousand$10 million
08 · Fruit and nuts$69 thousand$3 million
21 · Food preparations$67 thousand$38 million
96 · Other manufactured goods$54 thousand$5 million
63 · Home textiles and used clothing$52 thousand$25 million
22 · Beverages and spirits$49 thousand$27 million
19 · Baked goods and cereal products$37 thousand$32 million
04 · Dairy, eggs and honey$33 thousand$10 million
68 · Stone, plaster and cement articles$27 thousand$7 million
48 · Paper and paperboard$22 thousand$12 million
30 · Pharmaceuticals$21 thousand$39 million
64 · Footwear$18 thousand$28 million
11 · Milling products and malt$18 thousand$5 million
47 · Wood pulp$18 thousand$410 thousand
32 · Dyes, paints and tanning agents$16 thousand$70 million
83 · Miscellaneous metal goods$13 thousand$14 million
42 · Leather goods and bags$11 thousand$8 million
88 · Aircraft and spacecraft$9 thousand$161 thousand
23 · Animal feed and food waste$7 thousand$481 thousand
17 · Sugar and sweets$6 thousand$22 million
03 · Fish and seafood$5 thousand$29 million
70 · Glass$4 thousand$4 million
07 · Vegetables$3 thousand$11 million
05 · Other animal products$1 thousand$1 million
06 · Live plants and flowers$1 thousand$160 thousand
95 · Toys and sports gear$896$4 million
34 · Soap and cleaning products$660$16 million
16 · Prepared meat and fish$430$12 million
01 · Live animals$402$216 thousand
67 · Feathers and artificial flowers$218$544 thousand
10 · Cereals$200$159 million
58 · Special fabrics and lace$195$535 thousand
56 · Felt, nonwovens and rope$115$8 million
91 · Watches and clocks$102$400 thousand
65 · Hats$98$1 million
13 · Gums and plant extracts$92$270 thousand
55 · Synthetic staple fibers$60$2 million
46 · Wicker and basketware$58$14 thousand
92 · Musical instruments$25$100 thousand
29 · Organic chemicals$15$4 million
57 · Carpets and rugs$6$1 million
36 · Explosives and matches$0$7 million
54 · Synthetic filaments$0$4 million
52 · Cotton$0$2 million
66 · Umbrellas and canes$0$2 million
24 · Tobacco$0$2 million
59 · Coated and technical textiles$0$677 thousand
53 · Other plant fibers$0$335 thousand
60 · Knitted fabric$0$146 thousand
45 · Cork$0$102 thousand
81 · Other base metals$0$102 thousand
41 · Hides and leather$0$68 thousand
37 · Photographic goods$0$58 thousand
43 · Fur and fur goods$0$48 thousand
75 · Nickel$0$28 thousand
14 · Other plant products$0$7 thousand
80 · Tin$0$5 thousand
93 · Weapons and ammunition$0$2 thousand
78 · Lead$0$1 thousand
51 · Wool$0$97

Trading partners

Its main destination is Switzerland (34.8% of exports) and its main source is China (56.9% of imports).

Who it sells to

PartnerValue (USD millions)ShareMode
Switzerland89434.8%Air
Germany2459.5%Sea
Lebanon1375.3%Air
Malaysia1365.3%Sea
China1064.1%Sea
Denmark98.93.9%Air
France81.33.2%Sea
United Kingdom78.33%Sea
United States72.52.8%Sea
Norway702.7%Air

Who it buys from

PartnerValue (USD billions)ShareMode
China13.156.9%Sea
South Korea5.222.7%Sea
Japan1.77.3%Air
Brazil0.462%Sea
Germany0.441.9%Sea
India0.311.3%Sea
Turkey0.31.3%Sea
Greece0.241%Sea
United States0.210.92%Sea
South Africa0.180.76%Sea

Overview 1995–2024

In 2024, Liberia accounted for 0.01% of world exports, compared with 0.02% in 1995.

Exports and imports

Exports grew 2.7-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 2.6
  • Imports 23
  • Balance -20.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$945 million$4.9 billion-$4 billion
1996$1.1 billion$3.2 billion-$2 billion
1997$1.2 billion$3.2 billion-$2.1 billion
1998$1.3 billion$5.5 billion-$4.2 billion
1999$658 million$3.2 billion-$2.5 billion
2000$771 million$4.7 billion-$3.9 billion
2001$1.1 billion$3.8 billion-$2.7 billion
2002$808 million$3.8 billion-$2.9 billion
2003$964 million$3.4 billion-$2.5 billion
2004$1.1 billion$3.9 billion-$2.8 billion
2005$1.5 billion$4.5 billion-$3 billion
2006$1.7 billion$5.9 billion-$4.1 billion
2007$1.1 billion$6.4 billion-$5.3 billion
2008$1.2 billion$9.2 billion-$8 billion
2009$1.4 billion$10.1 billion-$8.7 billion
2010$981 million$13.6 billion-$12.7 billion
2011$976 million$18.4 billion-$17.5 billion
2012$1.4 billion$12.2 billion-$10.8 billion
2013$1.4 billion$9.8 billion-$8.4 billion
2014$1.5 billion$8 billion-$6.4 billion
2015$1.8 billion$6.1 billion-$4.4 billion
2016$1.1 billion$8 billion-$6.9 billion
2017$1.4 billion$4.6 billion-$3.2 billion
2018$1.6 billion$6 billion-$4.4 billion
2019$1.5 billion$8.5 billion-$7 billion
2020$1.1 billion$7.8 billion-$6.7 billion
2021$1.9 billion$10.9 billion-$9 billion
2022$2.2 billion$14.3 billion-$12 billion
2023$2.5 billion$16.9 billion-$14.4 billion
2024$2.6 billion$23 billion-$20.4 billion

World rank

Liberia fell from 111th to 136th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 111th in 1995
  • 136th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995111th
1996112th
1997115th
1998110th
1999133rd
2000135th
2001125th
2002135th
2003136th
2004136th
2005132nd
2006133rd
2007150th
2008150th
2009143rd
2010156th
2011161st
2012151st
2013152nd
2014149th
2015141st
2016154th
2017149th
2018146th
2019147th
2020153rd
2021149th
2022145th
2023141st
2024136th

What it sells

Its top export group is still gems and precious metals: 41% in 2024

% of exports by Harmonized System chapter.

  • Other 1%
  • Wood 0%
  • Fats and oils 3%
  • Rubber 7%
  • Oil, gas and coal 8%
  • Cocoa and chocolate 9%
  • Ores and slag 12%
  • Ships and boats 19%
  • Gems and precious metals 41%

Source: CEPII BACI

Show the numbers
Chapter19952024
Gems and precious metals81.5%41.1%
Ships and boats13.2%19%
Ores and slag0.26%11.8%
Cocoa and chocolate0%8.7%
Oil, gas and coal2.1%7.6%
Rubber1.6%7.1%
Fats and oils0%3.3%
Wood0.3%0.38%
Other1%1.1%

Who it trades with

China went from 0.6% to 52% of Liberia's trade

% of total trade (exports + imports) with each partner.

  • China 52%
  • South Korea 21%
  • Japan 7%
  • Switzerland 4%
  • Germany 3%

Source: CEPII BACI

Show the numbers
Partner19952024
China0.61%51.6%
South Korea17.1%20.6%
Japan30.9%6.5%
Switzerland0.14%3.6%
Germany7.6%2.7%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

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Largest economic production hubs (gridded GDP, 2024)

No hubs above the globe threshold.

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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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