AGOA Status: Liberia is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. and Liberia signed a Trade & Investment Framework Agreement (TIFA) in 2007. The most recent U.S.-Liberia TIFA Council Meeting was held in March 2009.
U.S.-Liberia Trade Facts
Liberia is currently our 148th largest goods trading partner with $258 million in total (two way) goods trade during 2018. Goods exports totaled $197 million; goods imports totaled $62 million. The U.S. goods trade surplus with Liberia was $135 million in 2018.
According to the Department of Commerce, U.S. exports of goods to Liberia supported an estimated 7 hundred jobs in 2015 (latest data available).
- Liberia was the United States' 133rd largest goods export market in 2018.
- U.S. goods exports to Liberia in 2018 were $197 million, up 42.2% ($58 million) from 2017 and up 25.5% from 2008.
- The top export categories (2-digit HS) in 2018 were: machinery ($55 million), iron and steel products ($19 million), cereals ($12 million), vehicles ($12 million), and railway vehicles/equipment ($11 million).
- U.S. total exports of agricultural products to Liberia totaled $21 million in 2018. Leading domestic export categories include: wheat ($8 million), rice ($5 million), condiments & sauces ($3 million), prepared food ($2 million), and poultry meat & prods. (ex. eggs) ($1 million).
- Liberia was the United States' 139th largest supplier of goods imports in 2018.
- U.S. goods imports from Liberia totaled $62 million in 2018, down 32.5% ($30 million) from 2017, and down 57.1% from 2008.
- The top import categories (2-digit HS) in 2018 were: rubber ($56 million), precious metal and stone ($2 million), art and antiques ($2 million), animal or vegetable fats and oils ($615 thousand), and miscellaneous chemical products ($158 thousand).
- U.S. total imports of agricultural products from Liberia totaled $57 million in 2018. Leading categories include: rubber & allied products ($56 million), tropical oils ($613 thousand), spices ($24 thousand), processed fruit & vegetables ($22 thousand), and tree nuts ($6 thousand).
The U.S. goods trade surplus with Liberia was $135 million in 2018, a 186.6% increase ($88 million) over 2017.
U.S. foreign direct investment (FDI) in Liberia (stock) was $236 million in 2018, a 73.0% decrease from 2017. There is no information on the distribution of U.S. FDI in Liberia.
Liberia's FDI in the United States (stock) was $473 million in 2018, up 5.6% from 2017. There is no information on the distribution of Liberia FDI in the U.S.
NOTE: No services trade data with Liberia are available.