Liberia’s climate is favorable for farming, it has vast forests and an abundance of water, all of which provide a basis for increased agricultural development, as well as manufacturing
and processing of its own produce. Agriculture is a major sector of Liberia’s economy, worth 38.8% of GDP, employs 67% of the workforce, and provides valuable export opportunities.
The country has re-calibrated its economic policy to one of Economic Diversification and Inclusive Growth through Agriculture, Agro-Processing and Manufacturing. The new
economic policy, “Liberia Agricultural Transformation Agenda (LATA),” adapts an export-driven approach and focuses on six agro-clusters, or sectors, moving away from raw commodities to manufacturing and processing of priority value chains — cocoa, rubber, oil palm, fisheries & aquaculture, rice and cassava.