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Liberia

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 145th largest goods trading partner with $279 million in total (two way) goods trade during 2018. Goods exports totaled $217 million; goods imports totaled $62 million. The U.S. goods trade surplus with Liberia was $156 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).

Exports

  • Liberia was the United States' 131st largest goods export market in 2018.
     
  • U.S. goods exports to Liberia in 2018 were $217 million, up 56.9% ($79 million) from 2017 and up 38.6% from 2008. 
     
  • The top export categories (2-digit HS) in 2018 were: machinery ($55 million), mineral fuels ($30 million), iron and steel products ($19 million), cereals ($12 million), and vehicles ($12 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).

Imports

  • 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).

Trade Balance

  • The U.S. goods trade surplus with Liberia was $156 million in 2018, a 229.8% increase ($108 million) over 2017.

Investment

  • U.S. foreign direct investment (FDI) in Liberia (stock) was $874 million in 2017, a 15.1% decrease from 2016. There is no information on the distribution of U.S. FDI in Liberia.
     
  • Liberia's FDI in the United States (stock) was $448 million in 2017, down 2.8% from 2016. There is no information on the distribution of Liberia FDI in the U.S.

 

NOTE: No services trade data with Liberia are available.