2023
Exports
$466kWorld Rnk 154 / 210
Flag Rnk 58 / 459
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$573MWorld Rnk 91 / 225
Flag Rnk 4 / 1069
2023
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 102 / 132

About

Exports In 2023, Libya exported $466k in Cars, making it the 154th largest exporter of Cars in the world. At the same year, Cars was the 58th most exported product in Libya. The main destination of Cars exports from Libya are: Spain ($196k), Malta ($89k), Netherlands ($54.8k), Italy ($47.4k), and Tunisia ($22.3k).

The fastest growing export markets for Cars of Libya between 2022 and 2023 were Spain ($121k), Malta ($74.1k), and Bulgaria ($14.5k).

Imports In 2023, Libya imported $573M in Cars, becoming the 91st largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in Libya. Libya imports Cars primarily from: United States ($198M), Turkey ($52.5M), India ($44.2M), Indonesia ($43.4M), and China ($41.4M).

The fastest growing import markets in Cars for Libya between 2022 and 2023 were United States ($78.8M), Turkey ($50.3M), and India ($22.8M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$466k
IMPORTS (2023)$573M
NET TRADE (2023)-$573M

In 2023, Libya exported $466k in Cars. The main destinations of Libya exports on Cars were Spain ($196k), Malta ($89k), Netherlands ($54.8k), Italy ($47.4k), and Tunisia ($22.3k).

In 2023, Libya imported $573M in Cars, mainly from United States ($198M), Turkey ($52.5M), India ($44.2M), Indonesia ($43.4M), and China ($41.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Libya WERE (2022 - 2023):
Spain$121k (163%)
Malta$74.1k (498%)
Bulgaria$14.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Libya WERE (2022 - 2023):
Tunisia-$739k (-97.1%)
Netherlands-$78.8k (-59%)
Egypt-$41.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Libya's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Libya's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $189k
TOP IMPORT POTENTIALGermany+ $36.4M

Cars’s highest export potential is Netherlands. With an export gap of $189k.   Cars’s highest import potential is Germany with an import gap of $36.4M.

See methodology.

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