Liberia, "The Major Rubber Export Destination"

 Liberia is the major rubber export destination in the world. As per the Liberia customs data reports, rubber contributes around 65% of the country’s total exports. Liberia is globally 11th largest rubber exporter. Also, Liberia is Africa’s largest exporter of rubber.

According to the Liberia export data of 2022, the country’s rubber production rose by 38%. Around 90 metric tons of rubber was produced in 2022. Liberia’s rubber exports worth 198 million US Dollars making it the 4th largest exported goods of Liberia after Gold, Cargo Ships, and Iron Ore.

The United States was the largest importer of Liberia’s rubber with over 140 million US Dollars imports from Liberia. Other major exporters of rubber were Canada, Malaysia and Germany. Liberia’s rubber had seen a significant demand in Czechia, Russia and Germany.

Liberia rubber exports rose by 51% in the financial year 2022. On the other hand, Liberia’s rubber imports are worth 109 million US Dollars. Our Liberia export data suggests that Brazil was the major rubber exporter to Liberia. 

Firestone Natural Rubber is Liberia's leading rubber export destination. Some of the other Liberia export companies are Firestone Plantations, Salala Rubber, Liberian Agricultural and African Fruit company. 

Liberia Mineral Market

Liberia mineral deposits are abundant. It is derived from the fact that gold and iron ore are the top exports of Liberia. In 2022, Liberia iron ore production increased by 28 million tons. Around 325 million US Dollars iron ore was exported from Liberia. Gold exports worth around 238 million US Dollars in 2020. The major importers of Liberia's minerals were France, Switzerland, Turkey, Cyprus and Germany.

Liberia Import Exports Analysis

The Fiscal year 2021 was the best year so far in terms of exports. Currently Liberia is ranked 102nd in terms of imports and and exports. As per Liberia trade data, there were around 978 million US Dollars exports in 2021. Liberia's top exports are Gold, Iron Ore, Cargo Ships, Rubber and Cocoa. The majority of exports from Liberia were to France, Switzerland, Cyprus and Germany.

Liberia’s total imports were around 1 billion US Dollars in 2021. Refined oil, Ships and Centrifuges were the major imports of Liberia. China, Japan and South Korea were the top exporter countries to Liberia. Experts suggest a positive growth in exports from Liberia. The government is working progressively to improve its economy and support exports.

Become A Global Rubber Export Brand from Liberia with Exim GTIS

Exim Global Trade Intelligence System could help you achieve global success in the rubber export business. Through Exim GTIS, you can explore opportunities from over 200+ countries with global import export data reports. Here, you can discover the top importers and buyers of rubber from all over the globe.

You can track and monitor their shipments records. It helps you to decide an appropriate pricing for your product. Apart from that, you will get the latest trends and price forecasts reports. A data driven approach for your rubber export business can boost your sales and double your ROI. Exim GTIS is the best cost-effective option that can grow your company sales.