US trade with Libya in the 3rd quarter of 2017

Published or Updated: Apr 10, 2018

The report on US foreign trade in goods with Libya in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Libya

In the 3rd quarter of 2017, US trade with Libya totaled $395.2 million, up 274.38% ($289.7 million) from the 3rd quarter of 2016.

US exports to Libya in the 3rd quarter of 2017 were $23.1 million, down 54.02% ($27.1 million) from the 3rd quarter of 2016.

US imports from Libya in the 3rd quarter of 2017 totaled $372.1 million, up 572.11% ($316.8 million) from the 3rd quarter of 2016.

US trade deficit with Libya in the 3rd quarter of 2017 was $349.1 million, a 6,650.72% increase ($343.9 million) over the 3rd quarter of 2016.

Libya was the US 83rd largest trading partner in the 3rd quarter of 2017 (up from 117th in the 3rd quarter of 2016), accounting for 0.0400% of US total trade (up from 0.0129% in the 3rd quarter of 2016).

Libya was the US 144th largest export market in the 3rd quarter of 2017 (down from 125th in the 3rd quarter of 2016), accounting for 0.0061% of US total exports (down from 0.0145% in the 3rd quarter of 2016).

Libya was the US 70th largest supplier in the 3rd quarter of 2017 (up from 109th in the 3rd quarter of 2016), accounting for 0.0615% of US total imports (up from 0.0117% in the 3rd quarter of 2016).

US Exports to Libya

The major share of US exports to Libya in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 41.87% of US total exports to Libya (7.58% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 28.27% of US total exports to Libya (16.17% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 22.99% of US total exports to Libya (41.27% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.36% of US total exports to Libya (1.17% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.22% of US total exports to Libya (0.08% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.07% of US total exports to Libya (31.71% in the 3rd quarter of 2016).

The largest gains in US exports to Libya in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Meat and edible meat offal (HS code 02) - an increase of $2.5 million;
  • Photographic or cinematographic goods (HS code 37) - an increase of $2.4 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $2.2 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $1.7 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $1.1 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 $1.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.9 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $0.2 million;
  • Albuminoidal substances; modified starches; glues; enzymes (HS code 35) - an increase 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) - an increase of $0.1 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.1 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $0.1 million.

The largest declines in US exports to Libya in the 3rd quarter of 2017 over the 3rd 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) - a decrease of $15.7 million;
  • Cereals (HS code 10) - a decrease of $12.8 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $4.8 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $3.9 million;
  • Pharmaceutical products (HS code 30) - a decrease of $1.0 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $0.4 million;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $0.3 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.3 million;
  • Organic chemicals (HS code 29) - a decrease of $0.2 million;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $0.2 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $0.1 million.
US exports to Libya in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 4,550.3 19.71 2,050.7121.90
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 9.5 0.04 168.0-94.32
08 Edible fruit and nuts; peel of citrus fruit or melons 201.6 0.87 120.067.98
10 Cereals 106.0 0.46 12,953.7-99.18
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 354.1 1.53 454.3-22.06
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 22.2-100.00
21 Miscellaneous edible preparations 85.0 0.37 104.5-18.65
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 4,843.9-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 247.7 1.07 15,916.5-98.44
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 38.2 0.17 0.0
29 Organic chemicals 90.4 0.39 334.4-72.97
30 Pharmaceutical products 1,917.5 8.31 2,937.1-34.71
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 206.7 0.90 473.9-56.38
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 125.1 0.54 26.3375.95
35 Albuminoidal substances; modified starches; glues; enzymes 181.5 0.79 0.0
37 Photographic or cinematographic goods 2,360.0 10.22 0.0
38 Miscellaneous chemical products 1,357.5 5.88 271.8399.39
39 Plastics and articles thereof 193.8 0.84 4,050.0-95.21
40 Rubber and articles thereof 55.4 0.24 21.8154.22
44 Wood and articles of wood; wood charcoal 60.0 0.26 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 250.0 1.08 562.1-55.52
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 27.5-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.1 0.02 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 273.7 1.19 26.2946.14
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 8.2 0.04 9.1-10.51
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 3.5-100.00
69 Ceramic products 5.8 0.03 0.0
70 Glass and glassware 18.6 0.08 0.0
73 Articles of iron or steel 129.2 0.56 42.1207.00
76 Aluminum and articles thereof 2.7 0.01 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 15.8 0.07 23.0-31.38
83 Miscellaneous articles of base metal 46.0 0.20 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,926.4 12.68 1,992.646.86
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 1,315.8 5.70 357.1268.47
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3,077.5 13.33 852.9260.84
88 Aircraft, spacecraft, and parts thereof 1,771.2 7.67 70.32,419.26
89 Ships, boats and floating structures 4.0 0.02 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 568.5 2.46 531.56.97
91 Clocks and watches and parts thereof 17.9 0.08 0.0
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 80.6 0.35 149.5-46.08
95 Toys, games and sports requisites; parts and accessories thereof 18.9 0.08 0.0
96 Miscellaneous manufactured articles 14.5 0.06 0.0
99 Commodities not specified according to kind 392.5 1.70 802.8-51.11

US Imports from Libya

The major share of US imports from Libya in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 98.60% of US total imports from Libya (92.22% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 1.39% of US total imports from Libya (7.67% in the 3rd quarter of 2016).

The largest gains in US imports from Libya in the 3rd quarter of 2017 over the 3rd 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 $315.9 million.

The largest declines in US imports from Libya in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Libya in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 52.5-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 366,949.1 98.60 51,063.1618.62
31 Fertilizers 5,161.2 1.39 4,241.721.68
40 Rubber and articles thereof 0.0 0.00 7.6-100.00
97 Works of art, collectors’ pieces and antiques 3.9 0.00 0.0
99 Commodities not specified according to kind 34.2 0.01 5.1569.51
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce