2022
Exports
$1.12kWorld Rnk 123 / 157
Flag Rnk 265 / 413
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$926kWorld Rnk 115 / 215
Flag Rnk 548 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $1.12k in Silicone, making it the 123rd largest exporter of Silicone in the world. At the same year, Silicone was the 265th most exported product in Libya. The main destination of Silicone exports from Libya are: Greece ($782) and Colombia ($337).

The fastest growing export markets for Silicone of Libya between 2021 and 2022 were Greece ($782) and Colombia ($337).

Imports In 2022, Libya imported $926k in Silicone, becoming the 115th largest importer of Silicone in the world. At the same year, Silicone was the 548th most imported product in Libya. Libya imports Silicone primarily from: Turkey ($732k), China ($50.6k), Spain ($48.8k), Italy ($33.2k), and Egypt ($25k).

The fastest growing import markets in Silicone for Libya between 2021 and 2022 were Turkey ($345k), China ($45.5k), and Egypt ($25k).

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 Silicone. 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)$1.12k
IMPORTS (2022)$926k
NET TRADE (2022)-$925k

In 2022, Libya exported $1.12k in Silicone. The main destinations of Libya exports on Silicone were Greece ($782) and Colombia ($337).

In 2022, Libya imported $926k in Silicone, mainly from Turkey ($732k), China ($50.6k), Spain ($48.8k), Italy ($33.2k), and Egypt ($25k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Libya WERE (2021 - 2022):
Greece$782 (1%)
Colombia$337 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Libya WERE (2021 - 2022):
Togo-$630 (-100%)
Turkey-$24 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Silicone were:
In 2022, Libya's main importing competitors in Silicone were:

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $682
TOP IMPORT POTENTIALChina+ $104k

Silicone’s highest export potential is United States. With an export gap of $682.   Silicone’s highest import potential is China with an import gap of $104k.

See methodology.

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