US trade with Liberia in the first nine months of 2017

Published or Updated: May 02, 2018

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

US Trade with Liberia

In the first nine months of 2017, US trade with Liberia was $168.7 million, down 11.32% ($21.5 million) from the first nine months of 2016.

US exports to Liberia in the first nine months of 2017 were $124.7 million, down 19.39% ($30.0 million) from the first nine months of 2016.

US imports from Liberia in the first nine months of 2017 totaled $44.0 million, up 23.81% ($8.5 million) from the first nine months of 2016.

US trade surplus with Liberia in the first nine months of 2017 was $80.7 million, a 32.26% decrease ($38.5 million) over the first nine months of 2016.

Liberia was the US 142nd largest trading partner in the first nine months of 2017 (down from 134th in the first nine months of 2016), accounting for 0.0058% of US total trade (down from 0.0073% in the first nine months of 2016).

Liberia was the US 126th largest export market in the first nine months of 2017 (down from 121st in the first nine months of 2016), accounting for 0.0110% of US total exports (down from 0.0146% in the first nine months of 2016).

Liberia was the US 136th largest supplier in the first nine months of 2017 (up from 139th in the first nine months of 2016), accounting for 0.0025% of US total imports (up from 0.0023% in the first nine months of 2016).

US Exports to Liberia

The major share of US exports to Liberia in the first nine months of 2017 (and in the first nine months of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 29.40% of US total exports to Liberia (40.15% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 22.50% of US total exports to Liberia (18.98% in the first nine months of 2016);
  • Mineral products (HS codes 25-27) - 21.66% of US total exports to Liberia (12.01% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 7.55% of US total exports to Liberia (6.15% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 6.30% of US total exports to Liberia (6.94% in the first nine months of 2016);
  • Metals and products from them (HS codes 72-83) - 4.64% of US total exports to Liberia (7.46% in the first nine months of 2016).

The largest gains in US exports to Liberia in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $8.5 million;
  • Plastics and articles thereof (HS code 39) - an increase of $1.4 million;
  • Rubber and articles thereof (HS code 40) - an increase of $1.3 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.4 million.

The largest declines in US exports to Liberia in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $21.5 million;
  • Articles of iron or steel (HS code 73) - a decrease of $5.4 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 $2.5 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 $2.4 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $2.0 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1.6 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $1.3 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $0.5 million;
  • Cereals (HS code 10) - a decrease of $0.5 million;
  • Organic chemicals (HS code 29) - a decrease of $0.5 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.5 million.
US exports to Liberia in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of exports
in first 9 months 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
02 Meat and edible meat offal 290.5 0.23 1,610.5-81.96
03 Fish and crustaceans, molluscs and other aquatic invertebrates 220.2 0.18 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 123.4 0.10 0.0
07 Edible vegetables and certain roots and tubers 278.8 0.22 162.371.79
09 Coffee, tea, maté and spices 80.8 0.06 152.5-47.04
10 Cereals 23,643.9 18.96 24,143.6-2.07
11 Products of the milling industry; malt; starches; inulin; wheat gluten 67.1 0.05 64.44.07
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 18.0 0.01 61.7-70.79
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 35.0 0.03 0.0
17 Sugars and sugar confectionery 0.0 0.00 18.5-100.00
18 Cocoa and cocoa preparations 12.0 0.01 36.0-66.67
19 Preparations of cereals, flour, starch or milk; bakers’ wares 295.9 0.24 139.9111.55
20 Preparations of vegetables, fruit, nuts or other parts of plants 219.1 0.18 500.5-56.22
21 Miscellaneous edible preparations 2,605.2 2.09 2,400.08.55
22 Beverages, spirits and vinegar 171.1 0.14 71.2140.31
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 6.0 0.00 54.8-89.03
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 27,009.8 21.65 18,520.745.84
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 121.6 0.10 2,766.8-95.61
29 Organic chemicals 81.1 0.06 535.3-84.86
30 Pharmaceutical products 933.5 0.75 552.369.03
31 Fertilizers 359.7 0.29 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 157.7 0.13 104.950.34
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 110.5 0.09 464.7-76.23
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 264.5 0.21 280.7-5.76
35 Albuminoidal substances; modified starches; glues; enzymes 51.9 0.04 58.0-10.46
38 Miscellaneous chemical products 1,344.8 1.08 1,491.2-9.81
39 Plastics and articles thereof 3,948.5 3.17 2,543.355.25
40 Rubber and articles thereof 2,049.3 1.64 716.0186.21
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 8.9 0.01 261.5-96.59
44 Wood and articles of wood; wood charcoal 217.1 0.17 667.3-67.46
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 136.4 0.11 80.569.49
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 258.9 0.21 349.1-25.84
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 15.8 0.01 19.0-17.06
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 33.6 0.03 46.6-27.85
60 Knitted or crocheted fabrics 20.4 0.02 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 2.9 0.00 103.3-97.24
62 Articles of apparel and clothing accessories, not knitted or crocheted 228.7 0.18 760.8-69.93
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 7,250.6 5.81 9,255.9-21.66
64 Footwear, gaiters and the like; parts of such articles 299.5 0.24 553.2-45.87
65 Headgear and parts thereof 7.0 0.01 5.918.88
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 352.3 0.28 97.1262.80
69 Ceramic products 411.5 0.33 320.928.24
70 Glass and glassware 27.5 0.02 3.7652.60
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 0.01 0.0
72 Iron and steel 50.3 0.04 25.497.88
73 Articles of iron or steel 4,705.9 3.77 10,055.9-53.20
74 Copper and articles thereof 57.5 0.05 0.0
76 Aluminum and articles thereof 569.6 0.46 488.916.52
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 326.6 0.26 622.3-47.52
83 Miscellaneous articles of base metal 72.0 0.06 345.2-79.15
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 19,841.0 15.91 41,337.4-52.00
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 2,293.5 1.84 4,685.6-51.05
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 409.1 0.33 658.0-37.82
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7,706.9 6.18 9,308.4-17.20
88 Aircraft, spacecraft, and parts thereof 182.4 0.15 15.41,081.72
89 Ships, boats and floating structures 545.3 0.44 259.5110.15
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5,688.1 4.56 5,864.5-3.01
91 Clocks and watches and parts thereof 3.8 0.00 26.1-85.46
92 Musical instruments; parts and accessories of such articles 3.2 0.00 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 1,499.0 1.20 1,446.13.66
95 Toys, games and sports requisites; parts and accessories thereof 19.3 0.02 190.1-89.85
96 Miscellaneous manufactured articles 80.7 0.06 19.9305.43
97 Works of art, collectors’ pieces and antiques 25.0 0.02 4.4463.70
99 Commodities not specified according to kind 6,876.5 5.51 9,398.8-26.84

US Imports from Liberia

The major share of US imports from Liberia in the first nine months of 2017 (and in the first nine months of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 94.39% of US total imports from Liberia (94.89% in the first nine months of 2016);
  • Precious metals and stones (HS code 71) - 3.11% of US total imports from Liberia (2.15% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.92% of US total imports from Liberia (1.44% in the first nine months of 2016).

The largest gains in US imports from Liberia in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - an increase of $7.8 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 $0.6 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.3 million.

The largest declines in US imports from Liberia in the first nine months of 2017 over the first nine months 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.
US imports from Liberia in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of imports
in first 9 months 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 26.2 0.06 0.0
09 Coffee, tea, maté and spices 12.7 0.03 12.8-0.88
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 353.7 0.80 498.0-28.97
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 12.3 0.03 0.0
40 Rubber and articles thereof 41,529.8 94.39 33,723.623.15
44 Wood and articles of wood; wood charcoal 79.9 0.18 91.5-12.71
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 10.7 0.02 0.0
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 1.2 0.00 4.4-72.50
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 20.1-100.00
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
69 Ceramic products 35.7 0.08 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 1,370.5 3.11 765.679.01
73 Articles of iron or steel 0.0 0.00 68.5-100.00
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 3.4 0.01 24.2-85.81
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 45.5 0.10 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 17.9 0.04 0.0
97 Works of art, collectors’ pieces and antiques 434.7 0.99 139.7211.23
99 Commodities not specified according to kind 65.4 0.15 121.4-46.15
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce