2023
Exports
$24.7MWorld Rnk 42 / 127
Flag Rnk 13 / 459
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$324MWorld Rnk 36 / 125
Flag Rnk 7 / 1069
2023
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 102 / 132

About

Exports In 2023, Libya exported $24.7M in Iron Ore, making it the 42nd largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 13th most exported product in Libya. The main destination of Iron Ore exports from Libya are: Germany ($9.42M), United Kingdom ($5.21M), Romania ($4.43M), Serbia ($2.86M), and Italy ($2.74M).

The fastest growing export markets for Iron Ore of Libya between N/A and 2023 were Germany ($9.42M), United Kingdom ($5.21M), and Romania ($4.43M).

Imports In 2023, Libya imported $324M in Iron Ore, becoming the 36th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 7th most imported product in Libya. Libya imports Iron Ore primarily from: Brazil ($183M) and Bahrain ($142M).

The fastest growing import markets in Iron Ore for Libya between 2022 and 2023 were Brazil ($90.4M) and Bahrain ($89.2M).

Latest Trends

Jan 2025

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 Ore. 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)$24.7M
IMPORTS (2023)$324M
NET TRADE (2023)-$300M

In 2023, Libya exported $24.7M in Iron Ore. The main destinations of Libya exports on Iron Ore were Germany ($9.42M), United Kingdom ($5.21M), Romania ($4.43M), Serbia ($2.86M), and Italy ($2.74M).

In 2023, Libya imported $324M in Iron Ore, mainly from Brazil ($183M) and Bahrain ($142M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Libya WERE (N/A - 2023):
Germany$9.42M (1%)
United Kingdom$5.21M (1%)
Romania$4.43M (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Libya's main exporting competitors in Iron Ore were:
In 2023, Libya's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.2k
TOP IMPORT POTENTIALBrazil+ $2.05M

Iron Ore’s highest export potential is China. With an export gap of $1.2k.   Iron Ore’s highest import potential is Brazil with an import gap of $2.05M.

See methodology.

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