US trade with Liberia in the 4th quarter of 2017

Published or Updated: May 02, 2018

The report on US foreign trade in goods with Liberia in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Liberia

In the 4th quarter of 2017, US trade with Liberia totaled $70.9 million, up 31.28% ($16.9 million) from the 4th quarter of 2016.

US exports to Liberia in the 4th quarter of 2017 were $19.4 million, down 10.88% ($2.4 million) from the 4th quarter of 2016.

US imports from Liberia in the 4th quarter of 2017 totaled $51.5 million, up 59.72% ($19.3 million) from the 4th quarter of 2016.

US trade deficit with Liberia in the 4th quarter of 2017 was $32.1 million, a 206.05% increase ($21.6 million) over the 4th quarter of 2016.

Liberia was the US 138th largest trading partner in the 4th quarter of 2017 (up from 142nd in the 4th quarter of 2016), accounting for 0.0068% of US total trade (up from 0.0056% in the 4th quarter of 2016).

Liberia was the US 152nd largest export market in the 4th quarter of 2017 (down from 146th in the 4th quarter of 2016), accounting for 0.0048% of US total exports (down from 0.0057% in the 4th quarter of 2016).

Liberia was the US 111th largest supplier in the 4th quarter of 2017 (up from 116th in the 4th quarter of 2016), accounting for 0.0081% of US total imports (up from 0.0055% in the 4th quarter of 2016).

US Exports to Liberia

The major share of US exports to Liberia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 29.52% of US total exports to Liberia (35.03% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 24.75% of US total exports to Liberia (20.15% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 13.60% of US total exports to Liberia (9.69% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 11.92% of US total exports to Liberia (12.92% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 6.17% of US total exports to Liberia (3.53% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.06% of US total exports to Liberia (0.73% in the 4th quarter of 2016).

The largest gains in US exports to Liberia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $1.2 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.5 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.3 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $0.2 million;
  • Organic chemicals (HS code 29) - an increase of $0.1 million;
  • Miscellaneous chemical products (HS code 38) - 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;
  • 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;
  • Plastics and articles thereof (HS code 39) - an increase of $0.1 million;
  • Ceramic products (HS code 69) - an increase of $0.1 million.

The largest declines in US exports to Liberia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $1.7 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.9 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $0.7 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $0.3 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.2 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $0.2 million;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - a decrease of $0.2 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $0.2 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $0.1 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $0.1 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.1 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $0.1 million;
  • Man-made staple fibers (HS code 55) - a decrease of $0.1 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 $0.1 million.
US exports to Liberia in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
02 Meat and edible meat offal 707.8 3.65 811.2-12.74
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 16.0-100.00
07 Edible vegetables and certain roots and tubers 41.5 0.21 75.2-44.86
09 Coffee, tea, maté and spices 14.8 0.08 71.9-79.43
10 Cereals 3,225.2 16.64 2,038.558.22
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 5.7 0.03 0.0
17 Sugars and sugar confectionery 0.0 0.00 4.9-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 57.7 0.30 244.7-76.42
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 145.1-100.00
21 Miscellaneous edible preparations 738.8 3.81 970.4-23.87
22 Beverages, spirits and vinegar 6.5 0.03 5.517.66
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 10.5-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 117.2 0.60 149.0-21.28
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 19.0-100.00
29 Organic chemicals 164.6 0.85 18.7780.08
30 Pharmaceutical products 29.4 0.15 56.3-47.79
31 Fertilizers 0.0 0.00 11.8-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 50.7 0.26 88.6-42.81
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 44.3 0.23 135.4-67.25
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 73.9 0.38 58.725.77
38 Miscellaneous chemical products 401.9 2.07 281.142.94
39 Plastics and articles thereof 1,435.8 7.41 1,342.36.96
40 Rubber and articles thereof 435.1 2.24 94.7359.64
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 3.0-100.00
44 Wood and articles of wood; wood charcoal 191.3 0.99 37.7406.72
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 51.1-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 13.7 0.07 70.6-80.64
55 Man-made staple fibers 0.0 0.00 70.7-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 4.1-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 3.4-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 2.9 0.01 26.7-89.30
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,268.0 11.70 2,441.7-7.11
64 Footwear, gaiters and the like; parts of such articles 40.5 0.21 260.7-84.48
65 Headgear and parts thereof 0.0 0.00 3.4-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 119.0 0.61 0.0
69 Ceramic products 304.9 1.57 245.724.08
70 Glass and glassware 6.3 0.03 0.0
72 Iron and steel 0.0 0.00 5.5-100.00
73 Articles of iron or steel 1,069.8 5.52 531.6101.25
74 Copper and articles thereof 6.6 0.03 0.0
76 Aluminum and articles thereof 98.3 0.51 83.917.13
81 Other base metals; cermets; articles thereof 0.0 0.00 2.6-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 18.7 0.10 107.9-82.64
83 Miscellaneous articles of base metal 3.5 0.02 37.0-90.54
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,174.6 6.06 1,881.9-37.59
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 944.1 4.87 1,005.6-6.12
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 124.0 0.64 124.5-0.40
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3,187.2 16.44 4,079.1-21.87
88 Aircraft, spacecraft, and parts thereof 66.4 0.34 48.437.04
89 Ships, boats and floating structures 0.0 0.00 260.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 225.7 1.16 218.13.49
91 Clocks and watches and parts thereof 31.8 0.16 0.0
93 Arms and ammunition; parts and accessories thereof 5.5 0.03 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 582.0 3.00 464.925.17
95 Toys, games and sports requisites; parts and accessories thereof 3.3 0.02 16.3-79.54
96 Miscellaneous manufactured articles 34.0 0.18 27.025.93
99 Commodities not specified according to kind 1,311.0 6.76 2,986.5-56.10

US Imports from Liberia

The major share of US imports from Liberia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 41.71% of US total imports from Liberia (31.05% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 2.20% of US total imports from Liberia (0.12% in the 4th quarter of 2016).

The largest gains in US imports from Liberia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - an increase of $11.5 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $5.6 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;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $1.0 million.

The largest declines in US imports from Liberia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Liberia in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
09 Coffee, tea, maté and spices 16.5 0.03 19.5-14.99
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 169.5 0.33 197.4-14.13
39 Plastics and articles thereof 0.0 0.00 1.0-100.00
40 Rubber and articles thereof 21,480.8 41.71 10,010.9114.57
44 Wood and articles of wood; wood charcoal 37.4 0.07 40.2-6.99
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,132.3 2.20 40.22,720.11
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 121.8 0.24 0.0
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 4.1 0.01 11.9-65.28
97 Works of art, collectors’ pieces and antiques 1,007.2 1.96 0.0
99 Commodities not specified according to kind 27,525.2 53.45 21,920.325.57
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce