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2022
Exports $287kWorld Rnk 101 / 141
Flag Rnk 57 / 413
2022
Destination $236k Italy
2021 - 2022
FASTEST GROWING MARKET $236kItaly
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils-0.34Rnk 660 / 1025
2022
Imports $409kWorld Rnk 91 / 186
Flag Rnk 640 / 1070
2022
Origin $263k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $263kTurkey
2022
ECONOMIC COMPLEXITY of Libya-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $287k in Inedible Fats and Oils, making it the 101st largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 57th most exported product in Libya. The main destination of Inedible Fats and Oils exports from Libya are: Italy ($236k), Tunisia ($26.5k), and Netherlands ($24.6k).

The fastest growing export markets for Inedible Fats and Oils of Libya between 2021 and 2022 were Italy ($236k), Tunisia ($26.5k), and Netherlands ($24.6k).

Imports In 2022, Libya imported $409k in Inedible Fats and Oils, becoming the 91st largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 640th most imported product in Libya. Libya imports Inedible Fats and Oils primarily from: Turkey ($365k), China ($23.5k), Belgium ($11k), and Tunisia ($9.62k).

The fastest growing import markets in Inedible Fats and Oils for Libya between 2021 and 2022 were Turkey ($263k), China ($23.5k), and Tunisia ($9.06k).

Latest Trends

Jul 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 Inedible Fats and Oils. 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 (2022)$287k
IMPORTS (2022)$409k
NET TRADE (2022)-$122k

In 2022, Libya exported $287k in Inedible Fats and Oils. The main destinations of Libya exports on Inedible Fats and Oils were Italy ($236k), Tunisia ($26.5k), and Netherlands ($24.6k).

In 2022, Libya imported $409k in Inedible Fats and Oils, mainly from Turkey ($365k), China ($23.5k), Belgium ($11k), and Tunisia ($9.62k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Libya WERE (2021 - 2022):
Italy$236k (1%)
Tunisia$26.5k (1%)
Netherlands$24.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Libya WERE (2021 - 2022):Portugal-$32.8k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Inedible Fats and Oils were:
China $2.4B
Netherlands $1.68B
Malaysia $942M
In 2022, Libya's main importing competitors in Inedible Fats and Oils were:
Netherlands $2.47B
Singapore $1.19B
Spain $1.03B

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $53.8k
TOP IMPORT POTENTIALChina+ $57.9k

Inedible Fats and Oils’s highest export potential is Netherlands. With an export gap of $53.8k.   Inedible Fats and Oils’s highest import potential is China with an import gap of $57.9k.

See methodology.

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