2022
Exports
$27.4kWorld Rnk 141 / 194
Flag Rnk 132 / 413
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$6.87MWorld Rnk 64 / 223
Flag Rnk 277 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $27.4k in Spices, making it the 141st largest exporter of Spices in the world. At the same year, Spices was the 132nd most exported product in Libya. The main destination of Spices exports from Libya are: India ($27.3k) and Canada ($23).

The fastest growing export markets for Spices of Libya between 2021 and 2022 were India ($27.3k) and Canada ($11).

Imports In 2022, Libya imported $6.87M in Spices, becoming the 64th largest importer of Spices in the world. At the same year, Spices was the 277th most imported product in Libya. Libya imports Spices primarily from: India ($4.39M), United Arab Emirates ($645k), China ($606k), Tunisia ($424k), and Turkey ($326k).

The fastest growing import markets in Spices for Libya between 2021 and 2022 were India ($1.54M), China ($319k), and United Arab Emirates ($194k).

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 Spices. 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)$27.4k
IMPORTS (2022)$6.87M
NET TRADE (2022)-$6.84M

In 2022, Libya exported $27.4k in Spices. The main destinations of Libya exports on Spices were India ($27.3k) and Canada ($23).

In 2022, Libya imported $6.87M in Spices, mainly from India ($4.39M), United Arab Emirates ($645k), China ($606k), Tunisia ($424k), and Turkey ($326k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Libya WERE (2021 - 2022):
India$27.3k (1%)
Canada$11 (91.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Libya WERE (2021 - 2022):
Malaysia-$2.33k (-100%)
Senegal-$756 (-100%)
Netherlands-$194 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $20.7k
TOP IMPORT POTENTIALChina+ $340k

Spices’s highest export potential is India. With an export gap of $20.7k.   Spices’s highest import potential is China with an import gap of $340k.

See methodology.

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