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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 146th largest goods trading partner with $181 million in total (two way) goods trade during 2015. Goods exports totaled $136 million; goods imports totaled $45 million. The U.S. goods trade surplus with Liberia was $91 million in 2015.
According to the Department of Commerce, U.S. exports of goods to Liberia supported an estimated 1 thousand jobs in 2014 (latest data available).
Liberia was the United States' 135th largest goods export market in 2015.
U.S. goods exports to Liberia in 2015 were $136 million, down 26% ($49 million) from 2014 but up 96% from 2005.
The top export categories (2-digit HS) in 2015 were: machinery ($31 million), miscellaneous textile articles ($17 million), cereals (wheat) ($12 million), vehicles ($11 million), and special other (low value estimates, charity shipments) ($10 million).
U.S. exports of agricultural products to Liberia totaled $24 million in 2015.
Liberia was the United States' 148th largest supplier of goods imports in 2015.
U.S. goods imports from Liberia totaled $45 million in 2015, down 46% ($38 million) from 2014, and down 51% from 2005.
The top import categories (2-digit HS) in 2015 were: rubber ($41 million), precious metal and stone (diamonds) ($2 million), animal or vegetable fats and oils (palm oil) ($445 thousand), electrical machinery ($329 thousand), and special other (returns) ($180 thousand).
U.S. imports of agricultural products from Liberia totaled $42 million in 2015.
The U.S. goods trade surplus with Liberia was $91 million in 2015, a 10.0% decrease ($10 million) over 2014.
U.S. foreign direct investment (FDI) in Liberia (stock) was $873 million in 2014 (latest data available), a 12.3% decrease from 2013. There is no information on the distribution of U.S. FDI in Liberia.
Liberia's FDI in the United States (stock) was $440 million in 2014 (latest data available), down 2.9% from 2013. The distribution of Liberia FDI in the United States is not available.
NOTE: No services trade data with Liberia are available.