Liberia import Statistics

Liberia Import Data

The Republic of Liberia is another name for Liberia. It's situated on the coast of West Africa. The land area of this nation is approximately 111,369 km^2. Liberia borders several nations, including Sierra Leone, Guinea, and the Ivory Coast. With more than 70% of the workforce employed and accounting for 38.8% of the country's GDP, agriculture is Liberia's most important industry. In today's highly globalized world, access to accurate and timely import data is crucial for international traders seeking to expand their business horizons. Liberia, a vibrant country located in West Africa, has been steadily emerging as a key player in international trade.

According to Liberia’s import data, Liberia brought in $1.7 billion worth of products in 2023, a 13% increase from the previous year. According to import statistics, Liberia ranked 166th out of 226 nations in terms of total imports. Mineral fuels and oils are the biggest imports of Liberia, while Ivory Coast is the biggest import partner of Liberia. Liberia’s total GDP is $9 billion, and its GDP import share is 94.54%. Liberia is a part of trading blocs such as WTO and ECOWAS. We will now explore the significance of Liberia's import data and its role in shaping business strategies and decision-making processes in 2023.

 Liberia Import Data | Liberia Customs Data | Liberia Trade Data

166

The country has been ranked 166th in global imports, showing a significant position in the international trade landscape and import market.

0.01%

With a mere 0.01% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

IVORY COAST

Ivory Coast holds a significant role as the largest import partner of the country in terms of goods imports and import share.

MINERAL FUELS AND OILS

Mineral fuels and oils are the biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 imports of Liberia

Liberia is renowned for its natural resources, including rubber, timber, and minerals. Import data may indicate a revival of demand for these traditional commodities. Liberia's import data may reveal changing consumer demands and preferences in various sectors. According to its import data, Liberia's top 10 imports in 2023 are:

  • Mineral fuels and oils (HS code 27): 31.88% ($690.71 million)
  • Cereals (HS code 10): 11.18% ($242.14 million)
  • Vehicles (HS code 87): 10.87% ($235.47 million)
  • Nuclear reactors and machinery (HS code 84): 7.41% ($160.54 million)
  • Electrical machinery and equipment (HS code 85): 4.48% ($96.96 million)
  • Articles of iron or steel (HS code 73): 2.6% ($56.32 million)
  • Plastics and articles thereof (HS code 39): 2.36% ($51.24 million)
  • Meat and edible meat offal (HS code 02): 2.35% ($50.86 million)
  • Animal or vegetable fats and oils: 1.88% ($40.70 million)
  • Salt, sulfur, lime, and cement: 1.73% ($37.38 million)
  • Partners

    Top 10 Import Partners of Liberia

    Liberia engages in trade with various countries globally, but certain nations play a vital role in fueling the import market. These countries not only supply Liberia with essential goods but also contribute significantly to the country's economic growth. Liberia's top 10 Import partners in 2023 include:

    Value In Percentage(%)

  • Ivory Coast: 30.3% ($656.33 million)
  • China: 16.7% ($361.76 million)
  • India: 15.7% ($340.89 million)
  • USA: 3.7% ($80.60 million)
  • Japan: 2.7% ($58.67 million)
  • Brazil: 2% ($42.68 million)
  • United Arab Emirates: 1.9% ($41.45 million)
  • Indonesia: 1.8% ($38.16 million)
  • Turkey: 1.6% ($35.02 million)
  • United Kingdom: 1.6% ($34.14 million)
  • Sample Data

    Understanding Liberia's Import Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Liberia import data refers to detailed information about goods and commodities brought into the country from foreign territories. This data encompasses a wide range of essential elements, such as the names and addresses of importers and exporters, product descriptions, quantities, values, countries of origin, and ports of entry. By analyzing this valuable information, traders can gain valuable insights into market trends, competitor activities, and potential business opportunities. According to Liberia's customs data, Liberia imported $1.7 billion worth of products in 2023. The information we provide you in Liberia import data and Liberia trade data is extremely helpful and educational. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. We obtain trustworthy data from organizations, other shipping firms, and Liberia's customs ports. Liberia trade data contains a wide range of fields, such as HS codes, product descriptions, quantities and prices, port names, and currency values. So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Benefits

    Benefits of Liberia’s Import Data

  • Grow your business into the Liberian Market.
  • View Liberia's most recent product demand and price projections.
  • Track and Examine the Shipment History of Your Rivals.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Liberia.
  • Create more ROI and future business goals.
  • You’ll receive the name and address of the importer/exporter in our reports.
  • Frequently Asked Questions!!

    Liberia import data refers to the information and statistics on the goods and products that are brought into the country from other countries.

    Liberia's import data is important as it helps in analyzing the country's trade patterns and understanding its economic growth. It also provides insights into the demand for certain goods and the country's dependence on imports.

    Liberia import data is collected by the government through customs declarations and trade documents, such as bills of lading and commercial invoices. It is also collected by private companies that specialize in collecting and analyzing trade data.

    Liberia import data includes details on the type of goods imported, their quantity and value, the country of origin, and the importer's information. It may also include information on the mode of transportation and the port of entry.

    According to recent import data, the major products imported by Liberia include mineral fuels, machinery and mechanical appliances, electrical equipment, vehicles, and pharmaceutical products.

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