2022
Exports
$10.1MWorld Rnk 83 / 162
Flag Rnk 18 / 413
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$12.8MWorld Rnk 130 / 217
Flag Rnk 197 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $10.1M in Raw Iron Bars, making it the 83rd largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 18th most exported product in Libya. The main destination of Raw Iron Bars exports from Libya are: Lebanon ($5.72M), Hungary ($3.94M), and Tunisia ($430k).

The fastest growing export markets for Raw Iron Bars of Libya between 2021 and 2022 were Hungary ($3.94M) and Tunisia ($422k).

Imports In 2022, Libya imported $12.8M in Raw Iron Bars, becoming the 130th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 197th most imported product in Libya. Libya imports Raw Iron Bars primarily from: Turkey ($7.89M), Tunisia ($3.31M), Greece ($1.1M), China ($304k), and Spain ($204k).

The fastest growing import markets in Raw Iron Bars for Libya between 2021 and 2022 were China ($231k), Spain ($60.7k), and Germany ($5.55k).

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 Raw Iron Bars. 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)$10.1M
IMPORTS (2022)$12.8M
NET TRADE (2022)-$2.74M

In 2022, Libya exported $10.1M in Raw Iron Bars. The main destinations of Libya exports on Raw Iron Bars were Lebanon ($5.72M), Hungary ($3.94M), and Tunisia ($430k).

In 2022, Libya imported $12.8M in Raw Iron Bars, mainly from Turkey ($7.89M), Tunisia ($3.31M), Greece ($1.1M), China ($304k), and Spain ($204k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Libya WERE (2021 - 2022):
Hungary$3.94M (1%)
Tunisia$422k (5.53k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Libya WERE (2021 - 2022):
Lebanon-$626k (-9.87%)
Senegal-$265k (-100%)
Pakistan-$6.74k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Libya's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.4k
TOP IMPORT POTENTIALChina+ $433k

Raw Iron Bars’s highest export potential is United States. With an export gap of $3.4k.   Raw Iron Bars’s highest import potential is China with an import gap of $433k.

See methodology.

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