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2023
Exports $798MWorld Rnk 69 / 167
Flag Rnk 4 / 459
2023
Destination $137M United Arab Emirates
2022 - 2023
FASTEST GROWING MARKET $137MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Gold-2.5Rnk 1019 / 1025
2023
Imports $58.9MWorld Rnk 71 / 174
Flag Rnk 78 / 1069
2023
Origin $27.1M United Arab Emirates
2022 - 2023
FASTEST GROWING ORIGIN $27.1MUnited Arab Emirates
2023
ECONOMIC COMPLEXITY of Libya-0.84Rnk 102 / 132

About

Exports In 2023, Libya exported $798M in Gold, making it the 69th largest exporter of Gold in the world. At the same year, Gold was the 4th most exported product in Libya. The main destination of Gold exports from Libya are: United Arab Emirates ($746M) and Turkey ($51.9M).

The fastest growing export markets for Gold of Libya between 2022 and 2023 were United Arab Emirates ($137M).

Imports In 2023, Libya imported $58.9M in Gold, becoming the 71st largest importer of Gold in the world. At the same year, Gold was the 78th most imported product in Libya. Libya imports Gold primarily from: United Arab Emirates ($53.8M) and Switzerland ($5.16M).

The fastest growing import markets in Gold for Libya between 2022 and 2023 were United Arab Emirates ($27.1M) and Switzerland ($5.16M).

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 Gold. 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 (2023)$798M
IMPORTS (2023)$58.9M
NET TRADE (2023)$739M

In 2023, Libya exported $798M in Gold. The main destinations of Libya exports on Gold were United Arab Emirates ($746M) and Turkey ($51.9M).

In 2023, Libya imported $58.9M in Gold, mainly from United Arab Emirates ($53.8M) and Switzerland ($5.16M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Libya WERE (2022 - 2023):United Arab Emirates$137M (22.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Libya WERE (2022 - 2023):Turkey-$84M (-61.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Libya's main exporting competitors in Gold were:
Switzerland $109B
United Arab Emirates $46.8B
United Kingdom $33B
In 2023, Libya's main importing competitors in Gold were:
Switzerland $111B
China $87.8B
United Arab Emirates $75.2B

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $36M
TOP IMPORT POTENTIALSwitzerland+ $4.81k

Gold’s highest export potential is Turkey. With an export gap of $36M.   Gold’s highest import potential is Switzerland with an import gap of $4.81k.

See methodology.

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