2022
Exports
$250MWorld Rnk 40 / 212
Flag Rnk 5 / 413
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$944kWorld Rnk 96 / 187
Flag Rnk 544 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $250M in Scrap Iron, making it the 40th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 5th most exported product in Libya. The main destination of Scrap Iron exports from Libya are: Turkey ($205M), Greece ($27.3M), India ($9M), Spain ($3.38M), and Egypt ($2.8M).

The fastest growing export markets for Scrap Iron of Libya between 2021 and 2022 were Greece ($24.8M), India ($6.3M), and Spain ($3.26M).

Imports In 2022, Libya imported $944k in Scrap Iron, becoming the 96th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 544th most imported product in Libya. Libya imports Scrap Iron primarily from: Turkey ($944k).

The fastest growing import markets in Scrap Iron for Libya between N/A and 2022 were Turkey ($944k).

Latest Trends

Sep 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 Scrap Iron. 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)$250M
IMPORTS (2022)$944k
NET TRADE (2022)$249M

In 2022, Libya exported $250M in Scrap Iron. The main destinations of Libya exports on Scrap Iron were Turkey ($205M), Greece ($27.3M), India ($9M), Spain ($3.38M), and Egypt ($2.8M).

In 2022, Libya imported $944k in Scrap Iron, mainly from Turkey ($944k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Libya WERE (2021 - 2022):
Greece$24.8M (992%)
India$6.3M (234%)
Spain$3.26M (2.85k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Libya WERE (2021 - 2022):
Turkey-$114M (-35.7%)
Morocco-$4M (-100%)
Pakistan-$1.12M (-35.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Scrap Iron were:
In 2022, Libya's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $13.3M
TOP IMPORT POTENTIALUnited States+ $2.13k

Scrap Iron’s highest export potential is India. With an export gap of $13.3M.   Scrap Iron’s highest import potential is United States with an import gap of $2.13k.

See methodology.

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