Market research

Soybeans market in Liberia

Soybeans market in Liberia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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Earlier Report Observations

Liberia's soybean market volume expanded from 3 319 t in 2018 to 3 428 t in 2020, supported by broader agricultural sector growth. The country's arable land potential and an 18% increase in farmed area between 2008 and 2018 provided a foundation for higher production. Enhanced data collection through the Ministry of Agriculture's 2019 pilot survey further contributed to improved sector planning and output.

After a slight contraction to 3 373 t in 2021, the market saw a significant rise to 3 591 t in 2022, followed by a drop to 3 411 t in 2023. These fluctuations resulted in an overall increase of 92 t over the five-year period from 2018 to 2023.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Liberia
      1. 5.1.1. Annual dynamics of production in Liberia in kind, 2018-2023, t
      2. 5.1.2. Annual dynamics of production in Liberia in value, 2018-2023, $ US
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Imports
    1. 6.1. Imports (Direct Data*)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Liberia in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Liberia by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Liberia in value, 2018-2024, $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Liberia by countries, 2018-2024, $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Liberia, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to Liberia by countries, 2018-2024, $ US/t
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Liberia in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Liberia by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Liberia in value, 2018-2024, $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Liberia by countries, 2018-2024, $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Liberia, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to Liberia by countries, 2018-2024, $ US/t
  7. 7. Exports
    1. 7.1. Exports (Direct Data*)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Liberia in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Liberia by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Liberia in value, 2018-2024, $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Liberia by countries, 2018-2024, $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Liberia, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Liberia by countries, 2018-2024, $ US/t
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Liberia in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Liberia by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Liberia in value, 2018-2024, $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Liberia by countries, 2018-2024, $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Liberia, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from Liberia by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production soybeans in Liberia

In kind, 2017-2020, t

Top producers of soybeans, 2017-2020

Source: SHEV.io

World map of production of soybeans, 2017-2020

Source: SHEV.io

Soybean production in Liberia has increased for the third consecutive year. In 2020, the country produced 3 425 tonnes of soybeans, marking a 1.5% rise from the previous year. Over the period from 2017 to 2020, production grew by 5.3%, which translates to an average annual increase of 1.7%.

Annual dynamics of production in Liberia in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year2.0%1.7%1.5%1.7%
Source: SHEV.io

Exports soybeans from Liberia

Market research indicates that Liberia did not export any soybeans between 2017 and 2020.

Imports soybeans to Liberia

Imports in kind, t

The market showed an unstable trend during this period. Import volumes reached their lowest point in 2018 at 0.2 tonnes, then peaked in 2017, with the difference between these years being 1 342 times. In 2020, Liberia imported 3.1 tonnes of soybeans, a 34.9% decrease compared to 2019. The largest decline occurred in 2018, at 99.9%, while the most significant increase was recorded in 2019, at 1 924.3%.

Annual dynamics of product's imports to Liberia in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(99.9%)1 924.3%(34.9%)(78.6%)
Source: SHEV.io

From 2017 to 2020, soybean imports to Liberia were almost entirely concentrated in Italy, which accounted for 97.0% of the total volume.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Liberia in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The market exhibited an unstable trend throughout this timeframe. Import values hit their lowest in 2018 at 0.4 thousand US dollars, then varied up to 754 times from the high in 2017. In 2020, Liberia imported 1.6 thousand US dollars worth of soybeans, representing a sharp year-over-year increase of 157.3%. The largest decline was recorded in 2018, at 99.9%.

Annual dynamics of product's imports to Liberia in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year(99.9%)56.4%157.3%(82.5%)
Source: SHEV.io

During 2017–2020, the partner structure of imports in value terms was dominated by Italy, which consistently made up 99.0% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Liberia in value, 2017-2020

Source: SHEV.io

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