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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 142nd largest goods trading partner with $230 million in total (two way) goods trade during 2017. Goods exports totaled $138 million; goods imports totaled $91 million. The U.S. goods trade surplus with Liberia was $47 million in 2017.
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' 132nd largest goods export market in 2017.
- U.S. goods exports to Liberia in 2017 were $138 million, down 12.5% ($20 million) from 2016 but up 82.6% from 2007.
- The top export categories (2-digit HS) in 2017 were: cereals (wheat, meslin) ($28 million), machinery ($21 million), mineral fuels ($21 million), vehicles ($11 million), and miscellaneous textile articles ($10 million).
- U.S. total exports of agricultural products to Liberia totaled $34 million in 2017. Leading domestic export categories include: wheat ($21 million), rice ($7 million), prepared food ($2 million), condiments & sauces ($1 million), and poultry meat & prods. (ex. eggs) ($942 thousand).
- Liberia was the United States' 126th largest supplier of goods imports in 2017.
- U.S. goods imports from Liberia totaled $91 million in 2017, up 42.2% ($27 million) from 2016, but down 20.8% from 2007.
- The top import categories (2-digit HS) in 2017 were: rubber ($59 million), special other (returns) ($27 million), precious metal and stone (diamonds) ($3 million), art and antiques ($1 million), and animal or vegetable fats and oils (palm oil) ($441 thousand).
- U.S. total imports of agricultural products from Liberia totaled $60 million in 2017. The leading category is: rubber & allied products ($59 million).
- The U.S. goods trade surplus with Liberia was $47 million in 2017, a 49.8% decrease ($47 million) over 2016.
- 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.