Liberia's President Shocked Western Powers By Banning The Export Of Unprocessed Rubber.

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In November 2023, the President of Liberia, President George Manneh Weah, issued an Executive Order No. 124 banning the exportation of unprocessed natural rubber. Now, this news is a big one and it is controversial because rubber is the most important export commodity in Liberia. In fact, Liberia is Africa’s largest producer of rubber so this means that Liberia’s economy is heavily dependent on rubber. So, this begs the question, why would the President of Liberia decide to ban the exportation of a product that is not only the major export commodity in the country but also a source of livelihood to a large number of people? Also, if you observe closely, this move by the Liberian President follows the recent trend by African leaders to ban the exportation of unprocessed minerals. So, another question is why are African leaders taking this move? Isn't the exportation of these minerals supposed to bring revenue for them? Stay with us as we find out in this video.


In theory, the exportation of goods and services is highly beneficial to a country because it contributes to economic growth and it means that lots of goods and services are produced in the factories in a country. This also means that the country has a developed industrial system. In reality, this is true for countries around the world except in Africa. How is that possible you may ask? Well, African countries are blessed with abundant resources needed to produce finished goods for exportation quite alright but, the colonization period plus the economic policies that African countries who just became independent were forced to implement by the IMF and World Bank in exchange for financial assistance created a state where African countries could not develop the technological and economic capacity needed to establish industries that would produce finished goods with the abundant resources that they have. This has, therefore, led African countries to be dependent on the West for industrialized goods. But African countries still had to export goods as a way of generating much-needed revenue so they had to export the only product that they had in abundance which the world needed to produce those industrialized goods, the mineral and natural resources also called primary commodities.