2022
Exports
$1.11MWorld Rnk 41 / 109
Flag Rnk 34 / 413
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$5World Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $1.11M in Wool, making it the 41st largest exporter of Wool in the world. At the same year, Wool was the 34th most exported product in Libya. The main destination of Wool exports from Libya are: United Kingdom ($562k), India ($283k), Pakistan ($225k), and Tunisia ($35.6k).

The fastest growing export markets for Wool of Libya between 2021 and 2022 were United Kingdom ($348k), Pakistan ($225k), and Tunisia ($11.1k).

Imports In 2020, Libya imported $5 in Wool, becoming the 0th largest importer of Wool in the world. At the same year, Wool was the 0th most imported product in Libya. Libya imports Wool primarily from: N/A.

Latest Trends

Oct 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 Wool. 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)$1.11M
IMPORTS (2020)$5
NET TRADE (2022)$1.11M

In 2022, Libya exported $1.11M in Wool. The main destinations of Libya exports on Wool were United Kingdom ($562k), India ($283k), Pakistan ($225k), and Tunisia ($35.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Libya WERE (2021 - 2022):
United Kingdom$348k (162%)
Pakistan$225k (1%)
Tunisia$11.1k (45.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Libya WERE (2021 - 2022):
India-$446k (-61.2%)
Turkey-$6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Wool were:
In 2022, Libya's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $98.4k
TOP IMPORT POTENTIALAustralia+ $370

Wool’s highest export potential is India. With an export gap of $98.4k.   Wool’s highest import potential is Australia with an import gap of $370.

See methodology.

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