Liberia - Merchandise exports (current US$)

The value for Merchandise exports (current US$) in Liberia was 608,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 868,000,000 in 1990 and a minimum value of 62,000,000 in 1961.

Definition: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.

Source: World Trade Organization.

See also:

Year Value
1960 83,000,000
1961 62,000,000
1962 68,000,000
1963 81,000,000
1964 126,000,000
1965 135,000,000
1966 150,000,000
1967 159,000,000
1968 169,000,000
1969 196,000,000
1970 214,000,000
1971 222,000,000
1972 244,000,000
1973 324,000,000
1974 400,000,000
1975 394,000,000
1976 460,000,000
1977 447,000,000
1978 504,000,000
1979 537,000,000
1980 600,000,000
1981 529,000,000
1982 477,000,000
1983 428,000,000
1984 452,000,000
1985 436,000,000
1986 408,000,000
1987 382,000,000
1988 396,000,000
1989 460,000,000
1990 868,000,000
1991 311,000,000
1992 590,000,000
1993 440,000,000
1994 353,000,000
1995 820,000,000
1996 630,000,000
1997 430,000,000
1998 425,000,000
1999 469,000,000
2000 329,000,000
2001 128,000,000
2002 176,000,000
2003 109,000,000
2004 104,000,000
2005 131,000,000
2006 158,000,000
2007 200,000,000
2008 242,000,000
2009 149,000,000
2010 222,000,000
2011 367,000,000
2012 460,000,000
2013 559,000,000
2014 444,000,000
2015 283,000,000
2016 279,000,000
2017 358,000,000
2018 548,000,000
2019 543,000,000
2020 608,000,000

Limitations and Exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels.

Statistical Concept and Methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports