Liberia earned $37.4mn from rubber exports from May to July 2026, 25% more than a year earlier, by our calculation from the Central Bank of Liberia (CBL) monthly reviews, with July alone up 61% at $18.45mn. Output, however, fell 12.8% from June to an estimated 5,754 metric tons in July, the bank said, after second-quarter production dropped to 14,765 tons from 28,372 tons a year earlier.
Analysis: Higher export receipts despite reduced production could reflect better prices, sales from inventories or a shift toward processed products. The central bank's figures do not separate these possibilities, and monthly earnings varied widely, from $4.9mn in May to $18.5mn in July. The three-month comparison is therefore more informative than July alone. The trend matters for growers and processors following a mid-2026 change in rules governing exports of unprocessed rubber. Updated trade figures should show whether the earnings increase continued, although no detailed price series was provided.
Source: Central Bank of Liberia, Research, Policy & Planning Dept, CBL Monthly Economic Review, July 2026, July 2026 and June 2026; Central Bank of Liberia, Research, Policy & Planning Dept, CBL Monthly Economic Review, July 2025, July 2025 and June 2025; Central Bank of Liberia, Research, Policy and Planning Department, CBL Financial and Economic Bulletin, Vol. 27 No. 2, April-June 2026 (second quarter 2026), Q2 2026 and Q2 2025; Central Bank of Liberia, Research, Policy and Planning Department, CBL Financial and Economic Bulletin, second quarter 2025 and third quarter 2025, Q2 2025; FrontPage Africa (Monrovia), FrontPage Africa, 'Rubber Farmer Takes Agriculture Minister To Task Over Executive Order 166', September 28, 2026 (official document: Executive Orders 151 and 166, Executive Mansion), August 2025 to June 2026; Central Bank of Liberia, Research, Policy & Planning Dept, CBL Monthly Economic Review, May 2026, May 2025 and May 2026