2022
Exports
$1.14MWorld Rnk 133 / 210
Flag Rnk 33 / 413
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$571MWorld Rnk 86 / 224
Flag Rnk 2 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $1.14M in Cars, making it the 133rd largest exporter of Cars in the world. At the same year, Cars was the 33rd most exported product in Libya. The main destination of Cars exports from Libya are: Tunisia ($761k), Netherlands ($134k), Spain ($74.7k), Italy ($68.4k), and Germany ($42.5k).

The fastest growing export markets for Cars of Libya between 2021 and 2022 were Tunisia ($399k), Netherlands ($119k), and Spain ($67k).

Imports In 2022, Libya imported $571M in Cars, becoming the 86th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Libya. Libya imports Cars primarily from: South Korea ($169M), United States ($119M), Belgium ($44.9M), China ($36.2M), and Thailand ($35M).

The fastest growing import markets in Cars for Libya between 2021 and 2022 were Indonesia ($29.2M), China ($26M), and Thailand ($19.4M).

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 Cars. 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)$1.14M
IMPORTS (2022)$571M
NET TRADE (2022)-$570M

In 2022, Libya exported $1.14M in Cars. The main destinations of Libya exports on Cars were Tunisia ($761k), Netherlands ($134k), Spain ($74.7k), Italy ($68.4k), and Germany ($42.5k).

In 2022, Libya imported $571M in Cars, mainly from South Korea ($169M), United States ($119M), Belgium ($44.9M), China ($36.2M), and Thailand ($35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Libya WERE (2021 - 2022):
Tunisia$399k (110%)
Netherlands$119k (839%)
Spain$67k (864%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Libya WERE (2021 - 2022):
Italy-$32.1k (-31.9%)
Sweden-$19.7k (-100%)
Mauritania-$8.87k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $189k
TOP IMPORT POTENTIALGermany+ $36.4M

Cars’s highest export potential is Netherlands. With an export gap of $189k.   Cars’s highest import potential is Germany with an import gap of $36.4M.

See methodology.

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