Liberia recorded a trade deficit of 113.79 USD Million in October of 2022. source: Central Bank of Liberia

Balance of Trade in Liberia averaged -46.15 USD Million from 2003 until 2022, reaching an all time high of 16.00 USD Million in April of 2020 and a record low of -198.00 USD Million in January of 2015. This page provides the latest reported value for - Liberia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Liberia Balance of Trade - values, historical data and charts - was last updated on March of 2023.

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Liberia Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -113.79 -78.97 USD Million Oct 2022
Current Account -61.40 -92.90 USD Million Jun 2022
Current Account to GDP -17.40 -16.10 percent of GDP Dec 2021
Imports 187.07 151.44 USD Million Oct 2022
Exports 73.30 72.50 USD Million Oct 2022
Remittances 26.30 28.60 USD Million Oct 2022
External Debt 1121.60 1097.23 USD Million Sep 2022

Liberia Balance of Trade
Liberia’s systemic trade deficit is a result of high imports. Liberia is a net importer of fuel (35 percent of total imports) and machinery (25 percent). The main exports are: rubber (60 percent of total exports), gold, diamonds and iron. Liberia’s main trading partners are the United States, Canada and the Middle East.
Actual Previous Highest Lowest Dates Unit Frequency
-113.79 -78.97 16.00 -198.00 2003 - 2022 USD Million Monthly