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.
| 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 | 162.3 | 71.79 |
| 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 | 64.4 | 4.07 |
| 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 | 139.9 | 111.55 |
| 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 | 2,400.0 | 8.55 |
| 22 | Beverages, spirits and vinegar | 171.1 | 0.14 | 71.2 | 140.31 |
| 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 | 18,520.7 | 45.84 |
| 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 | 552.3 | 69.03 |
| 31 | Fertilizers | 359.7 | 0.29 | 0.0 | ∞ |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 157.7 | 0.13 | 104.9 | 50.34 |
| 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 | 2,543.3 | 55.25 |
| 40 | Rubber and articles thereof | 2,049.3 | 1.64 | 716.0 | 186.21 |
| 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 | 80.5 | 69.49 |
| 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 | 5.9 | 18.88 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 352.3 | 0.28 | 97.1 | 262.80 |
| 69 | Ceramic products | 411.5 | 0.33 | 320.9 | 28.24 |
| 70 | Glass and glassware | 27.5 | 0.02 | 3.7 | 652.60 |
| 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 | 25.4 | 97.88 |
| 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 | 488.9 | 16.52 |
| 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 | 15.4 | 1,081.72 |
| 89 | Ships, boats and floating structures | 545.3 | 0.44 | 259.5 | 110.15 |
| 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 | 1,446.1 | 3.66 |
| 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 | 19.9 | 305.43 |
| 97 | Works of art, collectors’ pieces and antiques | 25.0 | 0.02 | 4.4 | 463.70 |
| 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.
| 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 | 33,723.6 | 23.15 |
| 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 | 765.6 | 79.01 |
| 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 | 139.7 | 211.23 |
| 99 | Commodities not specified according to kind | 65.4 | 0.15 | 121.4 | -46.15 |