US trade with Liberia in the 1st quarter of 2017

Published or Updated: Jul 31, 2017

The report on US foreign trade in goods with Liberia in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Liberia

In the 1st quarter of 2017, US trade with Liberia totaled $63.3 million, up 28.58% ($14.1 million) from the 1st quarter of 2016.

US exports to Liberia in the 1st quarter of 2017 totaled $51.2 million, up 34.92% ($13.3 million) from the 1st quarter of 2016.

US imports from Liberia in the 1st quarter of 2017 totaled $12.1 million, up 7.16% ($0.8 million) from the 1st quarter of 2016.

US trade surplus with Liberia in the 1st quarter of 2017 was $39.2 million, a 46.61% increase ($12.5 million) over the 1st quarter of 2016.

Liberia was the US 137th largest trading partner in the 1st quarter of 2017 (down from 136th in the 1st quarter of 2016), accounting for 0.0067% of US total trade (up from 0.0056% in the 1st quarter of 2016).

Liberia was the US 122nd largest export market in the 1st quarter of 2017 (just as in the 1st quarter of 2016), accounting for 0.0138% of US total exports (up from 0.0109% in the 1st quarter of 2016).

Liberia was the US 137th largest supplier in the 1st quarter of 2017 (down from 136th in the 1st quarter of 2016), accounting for 0.0021% of US total imports (just as in the 1st quarter of 2016).

US Exports to Liberia

The major share of US exports to Liberia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 32.35% of US total exports to Liberia (31.67% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 30.44% of US total exports to Liberia (42.03% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 12.95% of US total exports to Liberia (0.04% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 8.29% of US total exports to Liberia (0.86% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.90% of US total exports to Liberia (10.72% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 4.04% of US total exports to Liberia (5.84% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.63% of US total exports to Liberia (1.73% in the 1st quarter of 2016).

The largest gains in US exports to Liberia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $11.1 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $6.6 million;
  • Articles of iron or steel (HS code 73) - an increase of $3.5 million;
  • Cereals (HS code 10) - an increase of $0.6 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $0.5 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.2 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.2 million.

The largest declines in US exports to Liberia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $3.9 million;
  • 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 (HS code 85) - a decrease of $2.5 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $1.6 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $0.9 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.8 million;
  • Pharmaceutical products (HS code 30) - a decrease of $0.3 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.3 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $0.2 million;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - a decrease of $0.2 million.
US exports to Liberia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
02 Meat and edible meat offal 52.2 0.10 924.2-94.35
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 108.9 0.21 0.0
07 Edible vegetables and certain roots and tubers 98.8 0.19 27.9253.54
09 Coffee, tea, maté and spices 0.0 0.00 43.0-100.00
10 Cereals 14,727.3 28.75 14,103.44.42
11 Products of the milling industry; malt; starches; inulin; wheat gluten 34.9 0.07 32.28.13
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 15.1 0.03 23.0-34.37
19 Preparations of cereals, flour, starch or milk; bakers’ wares 13.7 0.03 46.3-70.46
20 Preparations of vegetables, fruit, nuts or other parts of plants 22.6 0.04 202.1-88.81
21 Miscellaneous edible preparations 452.9 0.88 533.3-15.06
22 Beverages, spirits and vinegar 69.4 0.14 25.1176.39
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 3.5-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 6,635.8 12.95 12.453,631.53
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 42.1 0.08 7.8440.59
29 Organic chemicals 46.1 0.09 3.11,383.25
30 Pharmaceutical products 45.8 0.09 373.1-87.72
31 Fertilizers 135.5 0.26 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 39.5 0.08 31.525.46
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 16.9 0.03 95.0-82.19
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 104.0 0.20 112.0-7.09
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 31.5-100.00
38 Miscellaneous chemical products 357.9 0.70 473.5-24.40
39 Plastics and articles thereof 1,101.0 2.15 894.823.05
40 Rubber and articles thereof 182.1 0.36 196.9-7.53
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 6.2 0.01 174.0-96.46
44 Wood and articles of wood; wood charcoal 210.3 0.41 474.3-55.66
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 96.3 0.19 29.3228.48
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 14.2 0.03 154.3-90.80
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 11.6 0.02 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 30.1 0.06 24.025.48
60 Knitted or crocheted fabrics 20.4 0.04 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 2.9 0.01 5.1-44.17
62 Articles of apparel and clothing accessories, not knitted or crocheted 104.3 0.20 9.41,008.50
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,240.1 4.37 3,837.3-41.62
64 Footwear, gaiters and the like; parts of such articles 92.1 0.18 194.9-52.74
65 Headgear and parts thereof 7.0 0.01 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 73.5 0.14 85.5-14.13
69 Ceramic products 47.3 0.09 132.2-64.19
70 Glass and glassware 3.3 0.01 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 9.0 0.02 0.0
72 Iron and steel 27.9 0.05 18.847.97
73 Articles of iron or steel 3,616.1 7.06 126.62,755.97
74 Copper and articles thereof 57.5 0.11 0.0
76 Aluminum and articles thereof 297.8 0.58 70.5322.31
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 180.0 0.35 34.6420.13
83 Miscellaneous articles of base metal 67.5 0.13 77.1-12.45
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 12,163.4 23.74 1,060.31,047.20
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 775.0 1.51 3,240.7-76.09
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 98.7 0.19 64.154.02
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,277.8 4.45 3,044.1-25.17
88 Aircraft, spacecraft, and parts thereof 46.1 0.09 9.0411.15
89 Ships, boats and floating structures 501.7 0.98 13.03,759.49
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 711.6 1.39 4,595.6-84.52
91 Clocks and watches and parts thereof 3.8 0.01 12.4-69.34
92 Musical instruments; parts and accessories of such articles 3.2 0.01 0.0
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 397.8 0.78 432.8-8.08
95 Toys, games and sports requisites; parts and accessories thereof 11.5 0.02 77.6-85.15
96 Miscellaneous manufactured articles 5.0 0.01 0.0
97 Works of art, collectors’ pieces and antiques 25.0 0.05 0.0

US Imports from Liberia

The major share of US imports from Liberia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 98.03% of US total imports from Liberia (96.58% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.27% of US total imports from Liberia (0.82% in the 1st quarter of 2016).

The largest gains in US imports from Liberia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - an increase of $1.0 million;
  • 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 (HS code 85) - an increase of $0.0 million.

The largest declines in US imports from Liberia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.1 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.1 million.
US imports from Liberia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 18.8 0.16 0.0
09 Coffee, tea, maté and spices 4.5 0.04 8.5-47.22
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 117.0 0.97 83.440.34
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 12.3 0.10 0.0
40 Rubber and articles thereof 11,814.7 98.03 10,862.58.77
44 Wood and articles of wood; wood charcoal 23.1 0.19 17.829.71
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 0.3-100.00
73 Articles of iron or steel 0.0 0.00 68.5-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3.4 0.03 10.0-65.81
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 43.2 0.36 0.0
97 Works of art, collectors’ pieces and antiques 2.7 0.02 129.3-97.95
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce