Gold in Libya | The Observatory of Economic Complexity

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2022
Exports | Imports $744M | $26.6MWorld Rnk 64 / 176
Flag

Rnk 3 / 413
World Rnk 84 / 178
Flag

Rnk 125 / 1070

2022
ECONOMIC COMPLEXITY of Libya-0.84Rnk 96 / 124

2022
PRODUCT COMPLEXITY IN Gold-2.48Rnk 1016 / 1025

Image 1

Image by Mesut Sahin
Link: https://flic.kr/p/7V3f15

Image 2

Image by David Stanley
Link: https://flic.kr/p/93PciK

Latest Trends
Historical Data

About

Exports In 2022, Libya exported $744M in Gold, making it the 64th largest exporter of Gold in the world. At the same year, Gold was the 3rd most exported product in Libya. The main destination of Gold exports from Libya are: United Arab Emirates ($608M) and Turkey ($136M).

The fastest growing export markets for Gold of Libya between 2021 and 2022 were United Arab Emirates ($472M) and Turkey ($35.9M).

Imports In 2022, Libya imported $26.6M in Gold, becoming the 84th largest importer of Gold in the world. At the same year, Gold was the 125th most imported product in Libya. Libya imports Gold primarily from: United Arab Emirates ($26.6M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Gold from Libya to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Exports

Imports

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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 Gold. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$744M

IMPORTS (2022)$26.6M

NET TRADE (2022)$718M

In 2022, Libya exported $744M in Gold. The main destinations of Libya exports on Gold were United Arab Emirates ($608M) and Turkey ($136M).

In 2022, Libya imported $26.6M in Gold, mainly from United Arab Emirates ($26.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Exports

Imports

Starting

Ending

THE FASTEST GROWING Gold EXPORT MARKETS FOR Libya WERE (2021 - 2022):

United Arab Emirates$472M (346%)

Turkey$35.9M (35.9%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Libya WERE (2021 - 2022):Niger-$1.62k (-100%)

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Change in Exports by Market (2021 - 2022)

Market Concentration

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StackedArea

Flow

Export

Import

Type

Value

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In 2022, Libya's main exporting competitors in Gold were:

Switzerland $101B

United States $37.5B

United Arab Emirates $32.8B

In 2022, Libya's main importing competitors in Gold were:

Switzerland $94.9B

United Arab Emirates $57.1B

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Trade Value of Gold by Exporters

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