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Who does Liberia rely on?

The largest supplier of Liberia in 2024 is China, with 56.9% of what Liberia buys. Its share was 30.5% in 2019 and 0.72% in 1995. 185 of the 272 products Liberia buys for more than $1 million have a supplier selling more than 50% of what Liberia buys of that product; in 112, more than 75%. In those products, purchases from each one’s dominant supplier add up to 58.3% of what Liberia buys.

Summary

Largest supplier: China
56.9%
Concentration (HHI)
3,824
Products with a supplier above 50%
185
Products with a supplier above 75%
112

Concentration index (HHI): 3,824 out of 10,000; equivalent to splitting purchases among 3 suppliers of the same size

Trend

Trend in shares

China went from 0.72% to 56.9% of what Liberia buys

Share (%)

  • China 56.9%
  • South Korea 22.7%
  • Japan 7.3%
  • Brazil 2%
  • Germany 1.9%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995Japan36.9%
1996South Korea27.7%
1997South Korea48.1%
1998South Korea26.7%
1999South Korea28%
2000France30.6%
2001France27.3%
2002South Korea38%
2003South Korea44.6%
2004South Korea44%
2005South Korea44.4%
2006South Korea54.7%
2007South Korea39.3%
2008South Korea30.4%
2009South Korea48.5%
2010South Korea39.6%
2011South Korea40.1%
2012South Korea31.2%
2013South Korea35.7%
2014South Korea37.4%
2015China22.2%
2016South Korea45.4%
2017South Korea28.2%
2018South Korea23.1%
2019China30.5%
2020Japan27.6%
2021China28.6%
2022South Korea29.2%
2023China34.6%
2024China56.9%

Its suppliers

  1. China$13.1 billion · 56.9%
  2. South Korea$5.2 billion · 22.7%
  3. Japan$1.7 billion · 7.3%
  4. Brazil$458 million · 2%
  5. Germany$444 million · 1.9%
  6. India$307 million · 1.3%
  7. Turkey$304 million · 1.3%
  8. Greece$238 million · 1%
  9. United States$210 million · 0.92%
  10. South Africa$175 million · 0.76%

Products with a dominant supplier

Of the 272 products Liberia buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Cargo and cruise shipsChina55%South Korea · 31.2%$16.7 billion
Refined petroleumChina71.5%Brazil · 12.8%$3.1 billion
3D printersChina98.6%over 75%Japan · 0.88%$404 million
Steel structuresChina95.5%over 75%Turkey · 1.8%$250 million
RiceIndia98.1%over 75%Pakistan · 0.44%$147 million
Engine partsChina65.7%Japan · 17.3%$128 million
Centrifuges and filtersChina90.3%over 75%Turkey · 4.3%$126 million
Synthetic paints and varnishesChina89.2%over 75%Greece · 3.8%$62 million
Railway track materialSouth Africa78.9%over 75%Brazil · 11%$46 million
Other industrial machinesChina87.7%over 75%Malaysia · 2.2%$42 million
Sorting and crushing machinesChina51.4%South Africa · 12.5%$42 million
Palm oilIndonesia70.6%Malaysia · 28.9%$41 million
TrucksChina67.1%Belgium · 18.9%$36 million
Air pumps, compressors and fansChina60.5%South Africa · 9.9%$31 million
CementEgypt52.5%Turkey · 44.5%$30 million
Diesel and other locomotivesUnited States100%over 75%India · 0%$28 million
Frozen fishMauritania69.6%China · 6.5%$28 million
Railway freight carsIndia82.7%over 75%China · 17.3%$27 million
Medicines in measured doses or retail packsIndia68.3%China · 19.5%$27 million
Sauces and condimentsChina63.9%Belgium · 15.5%$24 million
Rubber and plastic footwearChina97.1%over 75%Côte d'Ivoire · 2%$22 million
Natural gas and LPGChina95.1%over 75%Turkey · 4%$22 million
ElectricityCôte d'Ivoire100%over 75%—$21 million
Coated flat steelChina97%over 75%Turkey · 2.6%$20 million
Dredgers and floating cranesNigeria97.3%over 75%China · 2.7%$19 million

and 160 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: Switzerland
34.8%
Concentration (HHI)
1,462

Concentration index (HHI): 1,462 out of 10,000; equivalent to splitting sales among 7 customers of the same size

Trend in shares

Switzerland went from 0.32% to 34.8% of what Liberia sells

Share (%)

  • Switzerland 34.8%
  • Germany 9.5%
  • Lebanon 5.3%
  • Malaysia 5.3%
  • China 4.1%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995Belgium80.4%
1996Belgium47%
1997Norway41.1%
1998Singapore27.7%
1999Belgium44.9%
2000Norway24.3%
2001Germany38.7%
2002Germany20%
2003Germany46.3%
2004Denmark27.3%
2005Belgium30.3%
2006Germany35.2%
2007Malaysia29%
2008India23.8%
2009Germany26.1%
2010Poland22.8%
2011United States16.5%
2012China16.8%
2013Poland28.6%
2014China18.8%
2015Côte d'Ivoire25%
2016Poland18.4%
2017Germany33%
2018Switzerland15%
2019Poland12.3%
2020France12.7%
2021Switzerland18%
2022Switzerland24.2%
2023Switzerland28.9%
2024Switzerland34.8%

14 of the 21 products Liberia sells for more than $1 million have a customer buying more than 50% of what Liberia sells of that product; in 11, more than 75%. In those products, sales to each one’s dominant customer add up to 41.4% of what Liberia sells.

ProductCustomerShareSecondValue
GoldSwitzerland86.7%over 75%Lebanon · 13.3%$1 billion
Crude petroleumAustralia54.7%United Kingdom · 45.3%$114 million
Refined petroleumGambia50.6%Tanzania · 14%$80 million
Dredgers and floating cranesThailand100%over 75%Malaysia · 0%$25 million
Titanium oreChina100%over 75%—$9 million
LogsChina83.7%over 75%India · 11.9%$9 million
Aluminum scrapIndia86.6%over 75%Thailand · 10.7%$7 million
Ships for scrapPakistan100%over 75%—$5 million
Sublimed and precipitated sulfurIndonesia100%over 75%—$4 million
TugboatsThailand96.5%over 75%Cyprus · 3.5%$3 million
Coconut and palm kernel oilIndia60.7%Morocco · 36.5%$3 million
Niobium, tantalum, vanadium and zirconium oreChina100%over 75%—$2 million
Industrial fatty acids and oilsIndia98.8%over 75%Malaysia · 0.81%$2 million
ComputersIndonesia94.5%over 75%Denmark · 3.8%$1 million

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
17Bahamas4,078
18Saint Lucia4,031
19Liberia3,824
20Northern Mariana Islands3,599
21Tajikistan3,449
22Syria3,387

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.