US trade with Libya in the 1st quarter of 2017

Published or Updated: Jul 29, 2017

The report on US foreign trade in goods with Libya in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Libya

In the 1st quarter of 2017, US trade with Libya totaled $228.4 million, up 460.39% ($187.7 million) from the 1st quarter of 2016.

US exports to Libya in the 1st quarter of 2017 totaled $34.6 million, up 71.72% ($14.4 million) from the 1st quarter of 2016.

US imports from Libya in the 1st quarter of 2017 totaled $193.9 million, up 839.61% ($173.2 million) from the 1st quarter of 2016.

US trade deficit with Libya in the 1st quarter of 2017 was $159.3 million, a 31,665.89% increase ($158.8 million) over the 1st quarter of 2016.

Libya was the US 96th largest trading partner in the 1st quarter of 2017 (up from 141st in the 1st quarter of 2016), accounting for 0.0244% of US total trade (up from 0.0047% in the 1st quarter of 2016).

Libya was the US 128th largest export market in the 1st quarter of 2017 (up from 142nd in the 1st quarter of 2016), accounting for 0.0093% of US total exports (up from 0.0058% in the 1st quarter of 2016).

Libya was the US 79th largest supplier in the 1st quarter of 2017 (up from 120th in the 1st quarter of 2016), accounting for 0.0343% of US total imports (up from 0.0039% in the 1st quarter of 2016).

US Exports to Libya

The major share of US exports to Libya in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 47.48% of US total exports to Libya (25.14% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 25.90% of US total exports to Libya (26.42% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 20.95% of US total exports to Libya (42.09% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.59% of US total exports to Libya (1.07% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.34% of US total exports to Libya (1.96% in the 1st quarter of 2016).

The largest gains in US exports to Libya in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $12.1 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $2.6 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $2.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1.0 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $0.5 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $0.3 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $0.2 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.1 million;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $0.1 million.

The largest declines in US exports to Libya in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Meat and edible meat offal (HS code 02) - a decrease of $2.8 million;
  • Pharmaceutical products (HS code 30) - a decrease of $0.5 million;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - a decrease of $0.4 million;
  • Organic chemicals (HS code 29) - a decrease of $0.4 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $0.2 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.2 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.2 million;
  • Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster (HS code 34) - a decrease of $0.1 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.1 million;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $0.1 million.
US exports to Libya in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
02 Meat and edible meat offal 353.6 1.02 3,184.0-88.89
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 15.9 0.05 124.7-87.28
07 Edible vegetables and certain roots and tubers 0.0 0.00 15.0-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 618.2 1.79 468.232.06
10 Cereals 12,147.3 35.14 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 186.6 0.54 188.9-1.26
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 415.0-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 2,183.9 6.32 0.0
17 Sugars and sugar confectionery 0.0 0.00 53.6-100.00
18 Cocoa and cocoa preparations 0.0 0.00 9.4-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 21.1 0.06 4.8337.70
20 Preparations of vegetables, fruit, nuts or other parts of plants 844.9 2.44 386.3118.69
21 Miscellaneous edible preparations 43.0 0.12 197.1-78.19
22 Beverages, spirits and vinegar 0.0 0.00 13.3-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 26.7 0.08 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 523.0 1.51 214.5143.79
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 5.6 0.02 0.0
29 Organic chemicals 312.3 0.90 707.9-55.89
30 Pharmaceutical products 2,434.9 7.04 2,946.3-17.36
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 266.4 0.77 218.721.85
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 20.6 0.06 166.0-87.58
35 Albuminoidal substances; modified starches; glues; enzymes 65.2 0.19 140.5-53.62
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 94.9 0.27 0.0
37 Photographic or cinematographic goods 4.7 0.01 94.5-95.03
38 Miscellaneous chemical products 61.7 0.18 232.3-73.45
39 Plastics and articles thereof 3,944.3 11.41 3,941.20.08
40 Rubber and articles thereof 32.3 0.09 25.526.90
44 Wood and articles of wood; wood charcoal 55.0 0.16 210.0-73.83
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 308.4 0.89 180.071.31
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 27.7 0.08 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 72.0 0.21 3.81,775.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 6.1-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 62.8 0.18 32.593.39
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 57.8-100.00
64 Footwear, gaiters and the like; parts of such articles 20.3 0.06 11.871.78
72 Iron and steel 12.5 0.04 0.0
73 Articles of iron or steel 108.5 0.31 52.7106.09
75 Nickel and articles thereof 0.0 0.00 3.2-100.00
81 Other base metals; cermets; articles thereof 0.0 0.00 3.8-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 15.7 0.05 14.49.04
83 Miscellaneous articles of base metal 0.0 0.00 3.1-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,360.0 6.83 1,357.073.92
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 3,356.9 9.71 775.7332.74
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,816.5 8.15 2,688.14.78
88 Aircraft, spacecraft, and parts thereof 66.5 0.19 38.074.85
89 Ships, boats and floating structures 9.5 0.03 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 344.6 1.00 459.9-25.07
91 Clocks and watches and parts thereof 0.0 0.00 21.6-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 64.0 0.19 129.1-50.44
95 Toys, games and sports requisites; parts and accessories thereof 6.3 0.02 0.0
96 Miscellaneous manufactured articles 20.2 0.06 0.0

US Imports from Libya

The major share of US imports from Libya in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 96.60% of US total imports from Libya (93.06% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.20% of US total imports from Libya (6.53% in the 1st quarter of 2016).

The largest gains in US imports from Libya in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $168.1 million;
  • Fertilizers (HS code 31) - an increase of $4.9 million.

The largest declines in US imports from Libya in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Libya in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 187,278.5 96.60 19,200.6875.38
31 Fertilizers 6,201.1 3.20 1,347.2360.29
44 Wood and articles of wood; wood charcoal 25.5 0.01 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4.1 0.00 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce