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
In 2019, Liberia GDP was an estimated $3.2 billion (current market exchange rates); real GDP was up by an estimated 2.5%; and the population was 5 million. (Source: IMF)
Liberia is currently our 152nd largest goods trading partner with $181 million in total (two way) goods trade during 2019. Goods exports totaled $114 million; goods imports totaled $67 million. The U.S. goods trade surplus with Liberia was $47 million in 2019.
- Liberia was the United States' 145th largest goods export market in 2019.
- U.S. goods exports to Liberia in 2019 were $114 million, down 42.1% ($83 million) from 2018 but up 20.2% from 2009.
- The top export categories (2-digit HS) in 2019 were: machinery ($31 million), vehicles ($10 million), cereals (rice) ($9 million), miscellaneous textile articles ($9 million), and special other (returns) ($7 million).
- U.S. total exports of agricultural products to Liberia totaled $17 million in 2019. Leading domestic export categories include: rice ($5 million), wheat ($4 million), condiments and sauces ($3 million), prepared food ($1 million), and poultry meat and products (excluding eggs) ($895 thousand).
- Liberia was the United States' 132nd largest supplier of goods imports in 2019.
- U.S. goods imports from Liberia totaled $67 million in 2019, up 8.7% ($5 million) from 2018, but down 16.7% from 2009.
- The top import categories (2-digit HS) in 2019 were: rubber ($62 million), precious metal and stone (diamonds) ($3 million), electrical machinery ($654 thousand), animal or vegetable fats and oils (palm oil) ($635 thousand), and art and antiques ($362 thousand).
- U.S. total imports of agricultural products from Liberia totaled $62 million in 2019. The leading category is: rubber & allied products ($62 million).
- The U.S. goods trade surplus with Liberia was $47 million in 2019, a 65.3% decrease ($88 million) over 2018.
- Data on U.S. FDI in Liberia are unavailable. There is no information on the distribution of U.S. FDI in Liberia.
- Liberia's FDI in the United States (stock) was $461 million in 2019, down 1.1% from 2018. There is no information on the distribution of Liberia FDI in the U.S.
NOTE: No services trade data with Liberia are available.