2021
Exports
$1.02kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Drilling Machines
1.11Rnk 139 / 1025
2021
Imports
$795kWorld Rnk 113 / 213
Flag Rnk 607 / 1069
2023
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 102 / 132

About

Imports In 2023, Libya imported $795k in Drilling Machines, becoming the 113th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 607th most imported product in Libya. Libya imports Drilling Machines primarily from: Italy ($231k), Switzerland ($211k), China ($157k), Turkey ($87.6k), and Spain ($24.6k).

The fastest growing import markets in Drilling Machines for Libya between 2022 and 2023 were Switzerland ($211k), Italy ($186k), and China ($83.2k).

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 Drilling Machines. 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 (2021)$1.02k
IMPORTS (2023)$795k
NET TRADE (2023)-$795k

In 2023, Libya imported $795k in Drilling Machines, mainly from Italy ($231k), Switzerland ($211k), China ($157k), Turkey ($87.6k), and Spain ($24.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Libya's main exporting competitors in Drilling Machines were:
In 2023, Libya's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $380
TOP IMPORT POTENTIALChina+ $63.8k

Drilling Machines’s highest export potential is China. With an export gap of $380.   Drilling Machines’s highest import potential is China with an import gap of $63.8k.

See methodology.

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