2022
Exports
$1.36MWorld Rnk 41 / 114
Flag Rnk 31 / 413
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.39Rnk 930 / 1025
2022
Imports
$7.91kWorld Rnk 137 / 172
Flag Rnk 962 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $1.36M in Iron Ingots, making it the 41st largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 31st most exported product in Libya. The main destination of Iron Ingots exports from Libya are: Tunisia ($1.33M) and Niger ($35.3k).

The fastest growing export markets for Iron Ingots of Libya between 2021 and 2022 were Niger ($35.3k).

Imports In 2022, Libya imported $7.91k in Iron Ingots, becoming the 137th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 962nd most imported product in Libya. Libya imports Iron Ingots primarily from: India ($7.91k).

The fastest growing import markets in Iron Ingots for Libya between N/A and 2022 were India ($7.91k).

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 Iron Ingots. 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)$1.36M
IMPORTS (2022)$7.91k
NET TRADE (2022)$1.35M

In 2022, Libya exported $1.36M in Iron Ingots. The main destinations of Libya exports on Iron Ingots were Tunisia ($1.33M) and Niger ($35.3k).

In 2022, Libya imported $7.91k in Iron Ingots, mainly from India ($7.91k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Libya WERE (2021 - 2022):Niger$35.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Libya WERE (2021 - 2022):Tunisia-$1.01M (-43.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Libya's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $877
TOP IMPORT POTENTIALIndia+ $7.71k

Iron Ingots’s highest export potential is Italy. With an export gap of $877.   Iron Ingots’s highest import potential is India with an import gap of $7.71k.

See methodology.

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