US trade with Liberia in the 2nd quarter of 2017

Published or Updated: Sep 21, 2017

The report on US foreign trade in goods with Liberia in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Liberia

In the 2nd quarter of 2017, US trade with Liberia was $36.1 million, down 9.64% ($3.9 million) from the 2nd quarter of 2016.

US exports to Liberia in the 2nd quarter of 2017 were $20.1 million, down 26.37% ($7.2 million) from the 2nd quarter of 2016.

US imports from Liberia in the 2nd quarter of 2017 totaled $16.0 million, up 26.23% ($3.3 million) from the 2nd quarter of 2016.

US trade surplus with Liberia in the 2nd quarter of 2017 was $4.0 million, a 72.33% decrease ($10.5 million) over the 2nd quarter of 2016.

Liberia was the US 151st largest trading partner in the 2nd quarter of 2017 (down from 145th in the 2nd quarter of 2016), accounting for 0.0037% of US total trade (down from 0.0043% in the 2nd quarter of 2016).

Liberia was the US 143rd largest export market in the 2nd quarter of 2017 (down from 132nd in the 2nd quarter of 2016), accounting for 0.0052% of US total exports (down from 0.0075% in the 2nd quarter of 2016).

Liberia was the US 135th largest supplier in the 2nd quarter of 2017 (up from 137th in the 2nd quarter of 2016), accounting for 0.0027% of US total imports (up from 0.0023% in the 2nd quarter of 2016).

US Exports to Liberia

The major share of US exports to Liberia in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 30.63% of US total exports to Liberia (28.67% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 23.30% of US total exports to Liberia (28.65% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 15.88% of US total exports to Liberia (9.08% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 15.70% of US total exports to Liberia (12.70% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.66% of US total exports to Liberia (3.65% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.30% of US total exports to Liberia (1.33% in the 2nd quarter of 2016).

The largest gains in US exports to Liberia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Plastics and articles thereof (HS code 39) - an increase of $1.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.3 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.3 million;
  • Fertilizers (HS code 31) - an increase of $0.2 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $0.1 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $0.1 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.1 million;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $0.1 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $0.1 million.

The largest declines in US exports to Liberia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $2.7 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.7 million;
  • Organic chemicals (HS code 29) - a decrease of $0.4 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $0.3 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $0.3 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $0.3 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.3 million;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $0.2 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.2 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.2 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $0.1 million;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $0.1 million;
  • Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster (HS code 34) - a decrease of $0.1 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $0.1 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $0.1 million.
US exports to Liberia in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
02 Meat and edible meat offal 30.0 0.15 311.1-90.35
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 14.5 0.07 0.0
07 Edible vegetables and certain roots and tubers 104.1 0.52 90.814.68
09 Coffee, tea, maté and spices 0.0 0.00 54.3-100.00
10 Cereals 3,256.0 16.23 5,928.3-45.08
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 2.9 0.01 34.3-91.47
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 35.0 0.17 0.0
17 Sugars and sugar confectionery 0.0 0.00 18.5-100.00
18 Cocoa and cocoa preparations 0.0 0.00 24.0-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 167.8 0.84 79.4111.35
20 Preparations of vegetables, fruit, nuts or other parts of plants 183.1 0.91 275.7-33.57
21 Miscellaneous edible preparations 825.3 4.11 990.1-16.65
22 Beverages, spirits and vinegar 56.1 0.28 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 6.0 0.03 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 54.7 0.27 363.7-84.95
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 20.5 0.10 52.2-60.76
29 Organic chemicals 0.0 0.00 371.1-100.00
30 Pharmaceutical products 107.4 0.54 130.0-17.40
31 Fertilizers 224.1 1.12 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 80.2 0.40 36.1122.17
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 60.3 0.30 319.4-81.11
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 26.6 0.13 131.4-79.78
35 Albuminoidal substances; modified starches; glues; enzymes 27.7 0.14 10.6160.13
38 Miscellaneous chemical products 523.8 2.61 552.4-5.19
39 Plastics and articles thereof 1,711.9 8.53 735.8132.67
40 Rubber and articles thereof 403.6 2.01 135.3198.39
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 39.1-100.00
44 Wood and articles of wood; wood charcoal 4.0 0.02 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 10.1 0.05 30.4-66.61
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 8.4 0.04 130.0-93.56
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 16.0-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 86.8 0.43 30.1188.62
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,930.0 14.60 3,271.3-10.43
64 Footwear, gaiters and the like; parts of such articles 133.1 0.66 138.7-4.06
65 Headgear and parts thereof 0.0 0.00 5.9-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 145.7 0.73 8.11,703.73
69 Ceramic products 150.1 0.75 127.917.30
70 Glass and glassware 13.7 0.07 3.7276.47
72 Iron and steel 4.2 0.02 0.0
73 Articles of iron or steel 287.3 1.43 521.7-44.94
76 Aluminum and articles thereof 106.5 0.53 183.0-41.79
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 136.3 0.68 47.2188.90
83 Miscellaneous articles of base metal 0.0 0.00 242.7-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,267.5 11.30 1,991.813.84
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 615.2 3.07 675.1-8.87
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 177.0 0.88 151.516.83
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,677.1 13.34 3,843.1-30.34
88 Aircraft, spacecraft, and parts thereof 76.6 0.38 3.52,089.20
89 Ships, boats and floating structures 31.6 0.16 168.0-81.18
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 300.3 1.50 980.3-69.36
91 Clocks and watches and parts thereof 0.0 0.00 13.7-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 540.6 2.69 393.137.52
95 Toys, games and sports requisites; parts and accessories thereof 5.1 0.03 26.2-80.38
96 Miscellaneous manufactured articles 23.8 0.12 14.663.18
97 Works of art, collectors’ pieces and antiques 0.0 0.00 4.4-100.00

US Imports from Liberia

The major share of US imports from Liberia in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 95.20% of US total imports from Liberia (92.90% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.91% of US total imports from Liberia (1.92% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 0.62% of US total imports from Liberia (4.72% in the 2nd quarter of 2016).

The largest gains in US imports from Liberia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - an increase of $3.5 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.4 million.

The largest declines in US imports from Liberia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $0.5 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $0.1 million.
US imports from Liberia in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 7.4 0.05 0.0
09 Coffee, tea, maté and spices 8.2 0.05 4.390.70
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 130.9 0.82 239.4-45.32
40 Rubber and articles thereof 15,269.0 95.20 11,803.729.36
44 Wood and articles of wood; wood charcoal 38.2 0.24 36.44.88
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 10.7 0.07 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.9 0.01 1.4-39.52
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 99.8 0.62 600.3-83.37
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 2.2 0.01 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 17.9 0.11 0.0
97 Works of art, collectors’ pieces and antiques 416.6 2.60 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce