According to resources, the total export to Liberia from India reached an estimated revenue of more than $550 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
| Value in $Million | 2020-2021 | 2021-2022(Apr-Dec) |
| India Export to Liberia | 225M | 193M |
| India Import from Liberia | 6M | 11M |
| Total Trade | 231M | 201M |
Pharmaceuticals, Vehicles and Cereals are the major exported products from India to Liberia at the present moment.
The E-commerce market in Liberia is rising with a good growth rate and the main reason behind this development is the Internet penetration rate which has reached more than 22% by 2022.
So, itβs a good scope for Indian exporters and sellers to grab the Liberia market whether through offline channels or online selling platforms & marketplaces in Liberia.
Useful resources