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Liberia

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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 $270 million in total (two way) goods trade during 2013. Goods exports totaled $173 million; Goods imports totaled $97 million. The U.S. goods trade surplus with Liberia was $77 million in 2013.

Exports

Liberia was the United States' 136th largest goods export market in 2013.

U.S. goods exports to Liberia in 2013 were $173 million, down 29.4% ($72 million) from 2012.

The top export categories (2-digit HS) in 2013 were: Machinery ($51 million), Iron/Steel Products ($23 million), Vehicles ($16 million), Miscellaneous Textile Articles ($13 million), and Cereals (rice) ($12 million).

U.S. agricultural exports in 2013 were $24 million. Leading category was rice ($7 million).

Imports

Liberia was the United States' 122nd largest supplier of goods imports in 2013.

U.S. goods imports from Liberia totaled $97 million in 2013, a 33.0% decrease ($48 million) from 2012.

The five largest import categories in 2013 were: Rubber ($91 million), Salt and Sulfur ($4 million), Precious Stones (diamonds, gold) ($338 thousand), Fats and Oils (palm oil) ($281 thousand), and art and Antiques ($280 thousand).

U.S. agricultural imports in 2013 were $92 million, nearly all were rubber and allied products.

Trade Balance

The U.S. goods trade surplus with Liberia was $77 million in 2013, down 24.4% ($25 million) from 2012. 

Investment

U.S. foreign direct investment (FDI) in Liberia (stock) was $1.0 billion in 2012 (latest data available), down 1.9% from 2011.

There is no information on the distribution of U.S. FDI in Liberia.

Liberia FDI in U.S. (stock) was $484 million in 2012 (latest data available), down 6.7% from 2011.

There is no information on the distribution of FDI in the United States.


*NOTE: No services trade data with Liberia is available.

 4/17/14