MONROVIA – Bilateral trade between India and Liberia continued its upward trend in financial year 2025-2026, with Liberian exports to India posting a sharp increase, according to data released by the Embassy of India in Monrovia.
Citing official figures from India’s Ministry of Commerce and Industry, the Embassy said total bilateral trade reached US$390.06 million for FY 2025-2026.
That keeps commercial engagement between the two countries on a steady growth path, the statement read.
The standout figure was Liberia’s exports to India, which jumped to US$44.91 million, more than double the US$20.39 million recorded in FY 2024-2025, while
India’s exports to Liberia stood at US$345.15 million during the same period.
The Embassy noted that the growth reflects expanding opportunities for Liberian businesses and producers in the Indian market, and points to strong potential for further diversification of exports.
Partnership built on South-South cooperation
India and Liberia share what the Embassy described as “warm and friendly relations rooted in mutual respect, partnership and South-South cooperation.” Economic and commercial engagement remains a key pillar of that relationship.
Liberian exporters continue to benefit from India’s Duty-Free Tariff Preference Scheme for Least Developed Countries.
Under DFTP, eligible Liberian products get preferential access across more than 98% of India’s tariff lines, lowering barriers for goods entering the Indian market.
Indian companies are now active across several sectors in Liberia including mining, manufacturing, rubber, steel, cement, pharmaceuticals, retail, agriculture and services.
The Embassy said this activity contributes to employment and commercial growth.
Indian-made products are also widely used: vehicles, agricultural equipment, pharmaceuticals, and engineering goods have become part of Liberia’s economic landscape.
The two countries recently expanded cooperation in health through a Memorandum of Understanding on pharmacopoeia.
The MoU aims to strengthen collaboration on pharmaceutical standards and regulatory practices.
“The Embassy of India looks forward to continued collaboration with the Government and people of Liberia to further enhance bilateral trade, investment and economic cooperation for the mutual benefit of both countries,” the statement said.
The rise in Liberian exports suggests more room to grow, especially if producers can tap deeper into India’s market through the DFTP scheme and diversify beyond traditional commodities.
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