US trade with Liberia in the 3rd quarter of 2017

Published or Updated: Apr 07, 2018

The report on US foreign trade in goods with Liberia in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Liberia

In the 3rd quarter of 2017, US trade with Liberia was $69.3 million, down 31.40% ($31.7 million) from the 3rd quarter of 2016.

US exports to Liberia in the 3rd quarter of 2017 were $53.4 million, down 40.30% ($36.1 million) from the 3rd quarter of 2016.

US imports from Liberia in the 3rd quarter of 2017 totaled $15.9 million, up 37.30% ($4.3 million) from the 3rd quarter of 2016.

US trade surplus with Liberia in the 3rd quarter of 2017 was $37.5 million, a 51.83% decrease ($40.4 million) over the 3rd quarter of 2016.

Liberia was the US 136th largest trading partner in the 3rd quarter of 2017 (down from 120th in the 3rd quarter of 2016), accounting for 0.0070% of US total trade (down from 0.0123% in the 3rd quarter of 2016).

Liberia was the US 123rd largest export market in the 3rd quarter of 2017 (down from 103rd in the 3rd quarter of 2016), accounting for 0.0140% of US total exports (down from 0.0258% in the 3rd quarter of 2016).

Liberia was the US 135th largest supplier in the 3rd quarter of 2017 (up from 137th in the 3rd quarter of 2016), accounting for 0.0026% of US total imports (up from 0.0024% in the 3rd quarter of 2016).

US Exports to Liberia

The major share of US exports to Liberia in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 38.02% of US total exports to Liberia (20.33% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 26.10% of US total exports to Liberia (47.24% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.58% of US total exports to Liberia (6.25% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.80% of US total exports to Liberia (5.38% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.12% of US total exports to Liberia (3.59% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.87% of US total exports to Liberia (11.42% in the 3rd quarter of 2016).

The largest gains in US exports to Liberia in the 3rd quarter of 2017 over the 3rd 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) - an increase of $4.4 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $2.2 million;
  • Cereals (HS code 10) - an increase of $1.5 million;
  • Rubber and articles thereof (HS code 40) - an increase of $1.1 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.7 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $0.5 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.3 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.2 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $0.2 million;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $0.2 million.

The largest declines in US exports to Liberia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $32.9 million;
  • Articles of iron or steel (HS code 73) - a decrease of $8.6 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $2.6 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $1.3 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $0.7 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $0.5 million;
  • 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 (HS code 86) - a decrease of $0.3 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.2 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $0.2 million.
US exports to Liberia in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 208.3 0.39 375.2-44.49
03 Fish and crustaceans, molluscs and other aquatic invertebrates 220.2 0.41 0.0
07 Edible vegetables and certain roots and tubers 75.9 0.14 43.674.20
09 Coffee, tea, maté and spices 80.8 0.15 55.246.42
10 Cereals 5,660.5 10.59 4,111.937.66
11 Products of the milling industry; malt; starches; inulin; wheat gluten 32.2 0.06 32.20.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 4.4-100.00
18 Cocoa and cocoa preparations 12.0 0.02 12.00.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 114.4 0.21 14.2706.09
20 Preparations of vegetables, fruit, nuts or other parts of plants 13.4 0.02 22.6-41.03
21 Miscellaneous edible preparations 1,327.0 2.48 876.651.37
22 Beverages, spirits and vinegar 45.6 0.09 46.1-1.02
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 51.3-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 20,319.2 38.02 18,144.711.98
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 59.0 0.11 2,706.8-97.82
29 Organic chemicals 35.0 0.07 161.1-78.26
30 Pharmaceutical products 780.4 1.46 49.21,484.81
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 38.0 0.07 37.31.86
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 33.2 0.06 50.2-33.94
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 134.0 0.25 37.4258.31
35 Albuminoidal substances; modified starches; glues; enzymes 24.2 0.05 15.952.81
38 Miscellaneous chemical products 463.1 0.87 465.3-0.46
39 Plastics and articles thereof 1,135.6 2.12 912.724.42
40 Rubber and articles thereof 1,463.5 2.74 383.8281.31
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2.8 0.01 48.4-94.30
44 Wood and articles of wood; wood charcoal 2.8 0.01 192.9-98.55
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 29.9 0.06 20.844.15
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 236.4 0.44 64.9264.26
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4.2 0.01 19.0-78.12
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3.4 0.01 22.5-84.72
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 82.1-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 37.6 0.07 721.3-94.79
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,080.5 3.89 2,147.2-3.11
64 Footwear, gaiters and the like; parts of such articles 74.2 0.14 219.5-66.18
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 133.1 0.25 3.53,725.81
69 Ceramic products 214.1 0.40 60.8252.25
70 Glass and glassware 10.5 0.02 0.0
72 Iron and steel 18.2 0.03 6.6177.09
73 Articles of iron or steel 802.5 1.50 9,407.6-91.47
76 Aluminum and articles thereof 165.4 0.31 235.4-29.76
78 Lead and articles thereof 0.0 0.00 4.7-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 10.3 0.02 540.5-98.09
83 Miscellaneous articles of base metal 4.5 0.01 25.4-82.28
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 5,410.1 10.12 38,285.3-85.87
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 903.4 1.69 769.817.35
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 133.4 0.25 442.4-69.84
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,752.0 5.15 2,421.213.67
88 Aircraft, spacecraft, and parts thereof 59.7 0.11 2.91,947.29
89 Ships, boats and floating structures 12.0 0.02 78.5-84.75
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 4,676.2 8.75 288.71,519.85
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 560.6 1.05 620.2-9.61
95 Toys, games and sports requisites; parts and accessories thereof 2.6 0.00 86.3-96.97
96 Miscellaneous manufactured articles 51.9 0.10 5.3877.77
99 Commodities not specified according to kind 2,773.1 5.19 4,076.8-31.98

US Imports from Liberia

The major share of US imports from Liberia in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 90.81% of US total imports from Liberia (95.44% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 7.99% of US total imports from Liberia (1.43% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.67% of US total imports from Liberia (1.51% in the 3rd quarter of 2016).

The largest gains in US imports from Liberia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - an increase of $3.4 million;
  • 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) - an increase of $1.1 million.

The largest declines in US imports from Liberia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • 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;
  • Other base metals; cermets; articles thereof (HS code 81) - a decrease of $0.1 million.
US imports from Liberia in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 105.8 0.67 175.3-39.62
40 Rubber and articles thereof 14,446.1 90.81 11,057.430.65
44 Wood and articles of wood; wood charcoal 18.6 0.12 37.3-50.18
52 Cotton 0.0 0.00 1.8-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 0.6-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.3 0.00 2.9-88.40
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 20.1-100.00
69 Ceramic products 35.7 0.22 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 1,270.7 7.99 165.3668.69
81 Other base metals; cermets; articles thereof 0.0 0.00 66.9-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 14.1-100.00
97 Works of art, collectors’ pieces and antiques 15.4 0.10 10.349.04
99 Commodities not specified according to kind 15.7 0.10 34.1-53.99
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce