Agriculture

Agriculture contributes to over 70% of the GDP.  Rice is one of the principal cash crops as well as staple food.  Other principal crops grown in Liberia include, rubber, cocoa, coffee, oil palm, sugar cane,  cassava, and to a lesser extent, a variety of fruits and vegetables.  Live Stock includes cattle, pigs, goats and poultry.  The country can boast of tremendous forest resources and therefore major potential for increasing agricultural production.  There is a great potential for diversification efforts aimed at developing additional exports in the Agricultural and Agro-industrial sectors of the economy.

Rubber is the second most exported foreign exchange earning cash crop. Processing takes place only to the extent needed for overseas transport. Rubber is cultivated both by large foreign companies and Liberian small holders with the foreign controlling about half of the area under rubber cultivation.

There is a scope for investing in secondary processing activities within the rubber sub-sector of Liberia. With Liberia’s vast rubber resources, the following areas have been identified as feasible areas for productive investment:

  • All types of tires and tubes
  • Inflatable rubber products
  • Automotive and other molded rubber parts
  • Medical and surgical rubber products
  • Rubber-made sporting goods