2022
Exports
$9.7MWorld Rnk 79 / 216
Flag Rnk 19 / 413
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$27.5MWorld Rnk 104 / 222
Flag Rnk 123 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $9.7M in Industrial Fatty Acids, Oils and Alcohols, making it the 79th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 19th most exported product in Libya. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Libya are: India ($9.05M), Tunisia ($645k), United Arab Emirates ($2.38k), and Canada ($24).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Libya between 2021 and 2022 were Tunisia ($9.47k) and Canada ($24).

Imports In 2022, Libya imported $27.5M in Industrial Fatty Acids, Oils and Alcohols, becoming the 104th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 123rd most imported product in Libya. Libya imports Industrial Fatty Acids, Oils and Alcohols primarily from: Italy ($7.56M), Turkey ($5.53M), Spain ($2.23M), Egypt ($2.22M), and United States ($1.8M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Libya between 2021 and 2022 were Turkey ($1.65M), United States ($589k), and India ($251k).

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 Industrial Fatty Acids, Oils and Alcohols. 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)$9.7M
IMPORTS (2022)$27.5M
NET TRADE (2022)-$17.8M

In 2022, Libya exported $9.7M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Libya exports on Industrial Fatty Acids, Oils and Alcohols were India ($9.05M), Tunisia ($645k), United Arab Emirates ($2.38k), and Canada ($24).

In 2022, Libya imported $27.5M in Industrial Fatty Acids, Oils and Alcohols, mainly from Italy ($7.56M), Turkey ($5.53M), Spain ($2.23M), Egypt ($2.22M), and United States ($1.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Libya WERE (2021 - 2022):
Tunisia$9.47k (1.49%)
Canada$24 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Libya WERE (2021 - 2022):
India-$855k (-8.63%)
South Korea-$443k (-100%)
United Arab Emirates-$61.2k (-96.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Libya's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $570
TOP IMPORT POTENTIALMalaysia+ $51.3k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $570.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Malaysia with an import gap of $51.3k.

See methodology.

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