2022
Exports
$67.5kWorld Rnk 159 / 216
Flag Rnk 95 / 413
2022
PRODUCT COMPLEXITY IN Electric Motors
0.76Rnk 259 / 1025
2022
Imports
$20.5MWorld Rnk 94 / 226
Flag Rnk 149 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $67.5k in Electric Motors, making it the 159th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 95th most exported product in Libya. The main destination of Electric Motors exports from Libya are: Pakistan ($49k), Italy ($10.6k), United Kingdom ($6.13k), Georgia ($987), and Netherlands ($785).

The fastest growing export markets for Electric Motors of Libya between 2021 and 2022 were Italy ($10.6k), United Kingdom ($6.13k), and Georgia ($987).

Imports In 2022, Libya imported $20.5M in Electric Motors, becoming the 94th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 149th most imported product in Libya. Libya imports Electric Motors primarily from: Italy ($7.04M), China ($4.14M), Turkey ($3.24M), India ($1.85M), and Germany ($1.11M).

The fastest growing import markets in Electric Motors for Libya between 2021 and 2022 were Italy ($5.22M), India ($624k), and Japan ($192k).

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 Electric Motors. 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)$67.5k
IMPORTS (2022)$20.5M
NET TRADE (2022)-$20.5M

In 2022, Libya exported $67.5k in Electric Motors. The main destinations of Libya exports on Electric Motors were Pakistan ($49k), Italy ($10.6k), United Kingdom ($6.13k), Georgia ($987), and Netherlands ($785).

In 2022, Libya imported $20.5M in Electric Motors, mainly from Italy ($7.04M), China ($4.14M), Turkey ($3.24M), India ($1.85M), and Germany ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Libya WERE (2021 - 2022):
Italy$10.6k (1%)
United Kingdom$6.13k (1%)
Georgia$987 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Libya WERE (2021 - 2022):
Pakistan-$101k (-67.2%)
Canada-$49 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Libya's main importing competitors in Electric Motors were:

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Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $23.4k
TOP IMPORT POTENTIALChina+ $3.86M

Electric Motors’s highest export potential is Italy. With an export gap of $23.4k.   Electric Motors’s highest import potential is China with an import gap of $3.86M.

See methodology.

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