2022
Exports
$3.04BWorld Rnk 31 / 160
Flag Rnk 2 / 413
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$29.5kWorld Rnk 209 / 222
Flag Rnk 892 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $3.04B in Petroleum Gas, making it the 31st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most exported product in Libya. The main destination of Petroleum Gas exports from Libya are: Italy ($2.95B), Lebanon ($72.2M), Tunisia ($7.8M), Turkey ($5.17M), and Croatia ($2.44M).

The fastest growing export markets for Petroleum Gas of Libya between 2021 and 2022 were Italy ($1.37B), Croatia ($2.3M), and Tunisia ($813k).

Imports In 2022, Libya imported $29.5k in Petroleum Gas, becoming the 209th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 892nd most imported product in Libya. Libya imports Petroleum Gas primarily from: Italy ($17.4k), Turkey ($9.49k), and Netherlands ($2.66k).

The fastest growing import markets in Petroleum Gas for Libya between 2021 and 2022 were Italy ($8.7k) and Turkey ($7.17k).

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 Petroleum Gas. 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)$3.04B
IMPORTS (2022)$29.5k
NET TRADE (2022)$3.04B

In 2022, Libya exported $3.04B in Petroleum Gas. The main destinations of Libya exports on Petroleum Gas were Italy ($2.95B), Lebanon ($72.2M), Tunisia ($7.8M), Turkey ($5.17M), and Croatia ($2.44M).

In 2022, Libya imported $29.5k in Petroleum Gas, mainly from Italy ($17.4k), Turkey ($9.49k), and Netherlands ($2.66k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Libya WERE (2021 - 2022):
Italy$1.37B (86.3%)
Croatia$2.3M (1.66k%)
Tunisia$813k (11.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Libya WERE (2021 - 2022):
Egypt-$26.2M (-100%)
Turkey-$17.7M (-77.4%)
Greece-$5.36M (-75.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Petroleum Gas were:
In 2022, Libya's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $457M
TOP IMPORT POTENTIALItaly+ $26.3k

Petroleum Gas’s highest export potential is Italy. With an export gap of $457M.   Petroleum Gas’s highest import potential is Italy with an import gap of $26.3k.

See methodology.

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