2023
Exports
$61World Rnk 187 / 198
Flag Rnk 399 / 459
2023
PRODUCT COMPLEXITY IN Lubricating Products
1.12Rnk 136 / 1025
2023
Imports
$5.1MWorld Rnk 105 / 223
Flag Rnk 347 / 1069
2023
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 102 / 132

About

Exports In 2023, Libya exported $61 in Lubricating Products, making it the 187th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 399th most exported product in Libya. The main destination of Lubricating Products exports from Libya are: Netherlands ($61).

The fastest growing export markets for Lubricating Products of Libya between 2022 and 2023 were Netherlands ($61).

Imports In 2023, Libya imported $5.1M in Lubricating Products, becoming the 105th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 347th most imported product in Libya. Libya imports Lubricating Products primarily from: Germany ($1.07M), United States ($894k), Belgium ($520k), United Kingdom ($506k), and Italy ($489k).

The fastest growing import markets in Lubricating Products for Libya between 2022 and 2023 were Belgium ($374k), Germany ($291k), and Spain ($182k).

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 Lubricating Products. 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)$61
IMPORTS (2023)$5.1M
NET TRADE (2023)-$5.1M

In 2023, Libya exported $61 in Lubricating Products. The main destinations of Libya exports on Lubricating Products were Netherlands ($61).

In 2023, Libya imported $5.1M in Lubricating Products, mainly from Germany ($1.07M), United States ($894k), Belgium ($520k), United Kingdom ($506k), and Italy ($489k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Libya WERE (2022 - 2023):Netherlands$61 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Libya WERE (2022 - 2023):France-$21 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Libya's main exporting competitors in Lubricating Products were:
In 2023, Libya's main importing competitors in Lubricating Products were:
China $1.68B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $521
TOP IMPORT POTENTIALGermany+ $521k

Lubricating Products’s highest export potential is China. With an export gap of $521.   Lubricating Products’s highest import potential is Germany with an import gap of $521k.

See methodology.

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