2023
Exports
$1.31BWorld Rnk 39 / 163
Flag Rnk 2 / 459
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$119kWorld Rnk 195 / 220
Flag Rnk 819 / 1069
2023
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 102 / 132

About

Exports In 2023, Libya exported $1.31B in Petroleum Gas, making it the 39th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most exported product in Libya. The main destination of Petroleum Gas exports from Libya are: Italy ($1.28B), Tunisia ($7.21M), Albania ($7.06M), Lebanon ($3.16M), and Greece ($2.53M).

The fastest growing export markets for Petroleum Gas of Libya between 2022 and 2023 were Albania ($7.06M), France ($2.14M), and Greece ($621k).

Imports In 2023, Libya imported $119k in Petroleum Gas, becoming the 195th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 819th most imported product in Libya. Libya imports Petroleum Gas primarily from: China ($71.1k), Italy ($45.2k), United Kingdom ($2.78k), and United Arab Emirates ($206).

The fastest growing import markets in Petroleum Gas for Libya between 2022 and 2023 were China ($71.1k), Italy ($27.9k), and United Kingdom ($2.78k).

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 Petroleum Gas. 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)$1.31B
IMPORTS (2023)$119k
NET TRADE (2023)$1.31B

In 2023, Libya exported $1.31B in Petroleum Gas. The main destinations of Libya exports on Petroleum Gas were Italy ($1.28B), Tunisia ($7.21M), Albania ($7.06M), Lebanon ($3.16M), and Greece ($2.53M).

In 2023, Libya imported $119k in Petroleum Gas, mainly from China ($71.1k), Italy ($45.2k), United Kingdom ($2.78k), and United Arab Emirates ($206).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Libya WERE (2022 - 2023):
Albania$7.06M (1%)
France$2.14M (1%)
Greece$621k (32.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Libya WERE (2022 - 2023):
Italy-$2.08B (-61.8%)
Lebanon-$77.3M (-96.1%)
Turkey-$4.2M (-73%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Libya's main exporting competitors in Petroleum Gas were:
In 2023, Libya's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $457M
TOP IMPORT POTENTIALItaly+ $26.3k

Petroleum Gas’s highest export potential is Italy. With an export gap of $457M.   Petroleum Gas’s highest import potential is Italy with an import gap of $26.3k.

See methodology.

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