Liberia

AGOA Status: Liberia is eligible for AGOA this year. It also qualifies for textile and apparel benefits.

Trade Agreements: The U.S. and Liberia signed a Trade & Investment Framework Agreement (TIFA) in 2007. The most recent U.S.-Liberia TIFA Council Meeting was held in March 2009.

U.S.-Liberia Trade Facts

Liberia is currently our 128th largest goods trading partner with $353 million in total (two way) goods trade during 2011. Goods exports totaled $195 million; Goods imports totaled $158 million. The U.S. goods trade surplus with Liberia was $37 million in 2011.

Exports

Liberia was the United States' 132nd largest goods export market in 2011.

U.S. goods exports to Liberia in 2011 were $195 million, up 1.8% ($3 million) from 2010.

The top export categories (2-digit HS) in 2011 were: Vehicles ($35 million), Cereals (rice) ($34 million), Machinery ($31 million), Optic and Medical Instruments ($17 million), and Miscellaneous Textile Articles ($13 million).

U.S. agricultural exports in 2011 were $50 million. Leading category was rice ($29 million).

Imports

Liberia was the United States' 118th largest supplier of goods imports in 2011.

U.S. goods imports from Liberia totaled $158 million in 2011, a 12.1% decrease ($22 million) from 2010.

The five largest import categories in 2011 were: Rubber ($157 million), Wood ($387 thousand), Art and Antiques ($363 thousand), Fats and Oils (palm oil) ($202 thousand), and Precious Stones (diamonds) ($103 thousand)

U.S. agricultural imports in 2011 were $157 million, nearly all were rubber and allied products.

Trade Balance

The U.S. goods trade surplus with Liberia was $37 million in 2011, up 222.9% ($25 million) from 2010.

Investment

U.S. foreign direct investment (FDI) in Liberia (stock) was $918 million in 2010 (latest data available, up 9.0% from 2009.

There is no information on the distribution of U.S. FDI in Liberia.

Liberia FDI in U.S. (stock) was $431 million in 2010 (latest data available), up 5.9% from 2009.

There is no information on the distribution of FDI in the United States.

*NOTE: No services trade data with Liberia is available.