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Trade between China and Liberia

In 2024, China exported $13.1 billion to Liberia and imported $106 million. China ran a surplus of $13 billion with Liberia, compared with a surplus of $2.5 billion in 2019. Liberia was China’s 60th largest trading partner (0.2% of its trade), and China was Liberia’s largest (52%).

Summary

China → Liberia
$13.1billion
Liberia → China
$106million
China’s balance
$13billion

Balance

China’s trade balance with Liberia

Trade between China and Liberia grew 369.9-fold since 1995

USD billions (current). China’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 13.1
  • Imports 0.1
  • Balance +13

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$36 million$98 thousand$35 million
1996$114 million$0$114 million
1997$73 million$134 thousand$73 million
1998$28 million$0$28 million
1999$12 million$1 thousand$12 million
2000$126 million$35 million$91 million
2001$113 million$29 million$84 million
2002$30 million$56 million-$25 million
2003$26 million$42 million-$16 million
2004$182 million$17 million$165 million
2005$150 million$14 million$135 million
2006$530 million$2 million$528 million
2007$803 million$3 million$800 million
2008$1.1 billion$6 million$1.1 billion
2009$1.9 billion$4 million$1.9 billion
2010$4.4 billion$22 million$4.4 billion
2011$5 billion$41 million$4.9 billion
2012$3.4 billion$230 million$3.2 billion
2013$2.3 billion$164 million$2.2 billion
2014$1.7 billion$288 million$1.4 billion
2015$1.4 billion$172 million$1.2 billion
2016$1.6 billion$48 million$1.5 billion
2017$379 million$30 million$348 million
2018$1.1 billion$94 million$968 million
2019$2.6 billion$126 million$2.5 billion
2020$1.5 billion$98 million$1.4 billion
2021$3.1 billion$27 million$3.1 billion
2022$3.7 billion$17 million$3.7 billion
2023$5.8 billion$85 million$5.8 billion
2024$13.1 billion$106 million$13 billion

What they sell each other

What China sells to Liberia

The top 10 headings in 2024, with their share of the total.

  1. Cargo and cruise ships$9.2 billion · 70.4%
    3.6 million tonnes · China’s destinations
  2. Refined petroleum$2.2 billion · 16.7%
    3.6 million tonnes · China’s destinations
  3. 3D printers$399 million · 3.1%
    134 thousand tonnes
  4. Steel structures$239 million · 1.8%
    100 thousand tonnes
  5. Centrifuges and filters$114 million · 0.87%
    4 thousand tonnes
  6. Engine parts$84 million · 0.64%
    3 thousand tonnes
  7. Synthetic paints and varnishes$55 million · 0.42%
    12 thousand tonnes
  8. Other industrial machines$37 million · 0.28%
    2 thousand tonnes
  9. Trucks$24 million · 0.18%
    8 thousand tonnes · China’s destinations
  10. Rubber and plastic footwear$22 million · 0.16%
    3 thousand tonnes

What Liberia sells to China

The top 10 headings in 2024, with their share of the total.

  1. Iron ore$76 million · 71.6%
    729 thousand tonnes · China’s sources
  2. Natural rubber$10 million · 9.4%
    6 thousand tonnes · China’s sources
  3. Titanium ore$9 million · 8.5%
    17 thousand tonnes
  4. Logs$7 million · 7%
    26 thousand tonnes · China’s sources
  5. 2 thousand tonnes
  6. Quartz and quartzite$934 thousand · 0.88%
    6 thousand tonnes
  7. Centrifuges and filters$127 thousand · 0.12%
    3 tonnes
  8. Iron or steel pipe fittings$68 thousand · 0.06%
    6 tonnes
  9. Engine parts$60 thousand · 0.06%
    9 tonnes
  10. Ball and roller bearings$43 thousand · 0.04%
    2 tonnes

How it travels

Estimated sea route from Shanghai to Monrovia.

The estimated sea route between Shanghai and Monrovia is 10,920 nautical miles (20,223 km) long: ≈ 25.5–32.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore; and Cape of Good Hope.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$13.1 billion · 99.4%
  2. Air$82 million · 0.62%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Liberia was China’s 60th largest trading partner (0.2% of its trade), and China was Liberia’s largest (52%).

Liberia in China’s trade
0.2%
Liberia’s rank among China’s partners
60th
China in Liberia’s trade
51.6%
China’s rank among Liberia’s partners
1st

Compare with

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.