2018
Exports
$5.1kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2018
Imports
$4.31MWorld Rnk 95 / 213
Flag Rnk 346 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Imports In 2022, Libya imported $4.31M in Industrial Furnaces, becoming the 95th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 346th most imported product in Libya. Libya imports Industrial Furnaces primarily from: Italy ($3.76M), Turkey ($184k), Belgium ($93.7k), China ($90.2k), and Germany ($76.2k).

The fastest growing import markets in Industrial Furnaces for Libya between 2021 and 2022 were Belgium ($93.7k), Germany ($65.2k), and China ($25.3k).

Latest Trends

Oct 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 Industrial Furnaces. 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 (2018)$5.1k
IMPORTS (2022)$4.31M
NET TRADE (2022)-$4.31M

In 2022, Libya imported $4.31M in Industrial Furnaces, mainly from Italy ($3.76M), Turkey ($184k), Belgium ($93.7k), China ($90.2k), and Germany ($76.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Libya's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $406
TOP IMPORT POTENTIALChina+ $202k

Industrial Furnaces’s highest export potential is United States. With an export gap of $406.   Industrial Furnaces’s highest import potential is China with an import gap of $202k.

See methodology.

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