US trade with Libya in the 4th quarter of 2017

Published or Updated: May 07, 2018

The report on US foreign trade in goods with Libya in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Libya

In the 4th quarter of 2017, US trade with Libya totaled $594.5 million, up 434.49% ($483.3 million) from the 4th quarter of 2016.

US exports to Libya in the 4th quarter of 2017 were $33.0 million, down 51.03% ($34.3 million) from the 4th quarter of 2016.

US imports from Libya in the 4th quarter of 2017 totaled $561.6 million, up 1,178.23% ($517.6 million) from the 4th quarter of 2016.

US trade balance with Libya went from a surplus of $23.4 million in the 4th quarter of 2016, to a deficit of $528.6 million in the 4th quarter of 2017.

Libya was the US 78th largest trading partner in the 4th quarter of 2017 (up from 117th in the 4th quarter of 2016), accounting for 0.0570% of US total trade (up from 0.0116% in the 4th quarter of 2016).

Libya was the US 134th largest export market in the 4th quarter of 2017 (down from 118th in the 4th quarter of 2016), accounting for 0.0081% of US total exports (down from 0.0178% in the 4th quarter of 2016).

Libya was the US 66th largest supplier in the 4th quarter of 2017 (up from 111th in the 4th quarter of 2016), accounting for 0.0884% of US total imports (up from 0.0075% in the 4th quarter of 2016).

US Exports to Libya

The major share of US exports to Libya in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 39.39% of US total exports to Libya (50.97% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 33.70% of US total exports to Libya (32.89% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 17.02% of US total exports to Libya (12.46% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 3.78% of US total exports to Libya (0.55% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.29% of US total exports to Libya (0.14% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.06% of US total exports to Libya (0.54% in the 4th quarter of 2016).

The largest gains in US exports to Libya in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $5.7 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $5.0 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $3.2 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.6 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $0.6 million;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $0.5 million;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $0.4 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.4 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $0.3 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.3 million;
  • Meat and edible meat offal (HS code 02) - 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 $0.2 million;
  • Albuminoidal substances; modified starches; glues; enzymes (HS code 35) - an increase of $0.1 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $0.1 million.

The largest declines in US exports to Libya in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • 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) - a decrease of $26.0 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $11.6 million;
  • Cereals (HS code 10) - a decrease of $5.9 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $3.0 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $2.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $1.4 million;
  • Organic chemicals (HS code 29) - a decrease of $0.7 million;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $0.3 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.2 million;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - a decrease of $0.2 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $0.2 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $0.2 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $0.1 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.1 million.
US exports to Libya in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
02 Meat and edible meat offal 1,106.9 3.36 861.528.47
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 73.3 0.22 347.2-78.88
07 Edible vegetables and certain roots and tubers 0.0 0.00 8.7-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 627.4 1.90 0.0
10 Cereals 496.2 1.51 6,357.8-92.20
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 3,497.1 10.61 338.3933.66
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 11,640.5-100.00
17 Sugars and sugar confectionery 3.8 0.01 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 5,230.9 15.87 278.61,777.80
21 Miscellaneous edible preparations 65.9 0.20 315.8-79.12
23 Residues and waste from the food industries; prepared animal feed 6.1 0.02 1,985.2-99.69
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 348.5 1.06 365.9-4.76
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 44.9-100.00
29 Organic chemicals 772.3 2.34 1,422.6-45.71
30 Pharmaceutical products 1,140.8 3.46 507.2124.92
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 8.5-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 127.6 0.39 267.8-52.37
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 207.4 0.63 30.8573.37
35 Albuminoidal substances; modified starches; glues; enzymes 192.0 0.58 57.3235.35
38 Miscellaneous chemical products 485.4 1.47 178.4172.03
39 Plastics and articles thereof 2,661.2 8.07 5,697.5-53.29
40 Rubber and articles thereof 21.5 0.07 169.8-87.36
44 Wood and articles of wood; wood charcoal 153.2 0.46 150.02.16
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 704.1 2.14 218.0222.95
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 4.0 0.01 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 384.4 1.17 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 212.9-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 68.2 0.21 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 15.9 0.05 8.978.90
64 Footwear, gaiters and the like; parts of such articles 133.1 0.40 25.0432.88
70 Glass and glassware 27.6 0.08 2.8877.77
73 Articles of iron or steel 351.5 1.07 71.4392.14
74 Copper and articles thereof 2.9 0.01 0.0
76 Aluminum and articles thereof 8.7 0.03 8.8-1.91
79 Zinc and articles thereof 9.0 0.03 0.0
81 Other base metals; cermets; articles thereof 0.0 0.00 10.8-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 28.8 0.09 2.9893.10
83 Miscellaneous articles of base metal 25.5 0.08 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,414.9 7.33 3,836.1-37.05
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 1,775.6 5.39 27,748.0-93.60
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7,706.4 23.38 2,056.3274.77
88 Aircraft, spacecraft, and parts thereof 114.4 0.35 64.178.40
89 Ships, boats and floating structures 23.0 0.07 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 948.2 2.88 594.859.41
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 64.7 0.20 113.8-43.10
95 Toys, games and sports requisites; parts and accessories thereof 10.5 0.03 182.8-94.24
96 Miscellaneous manufactured articles 16.9 0.05 0.0
99 Commodities not specified according to kind 903.0 2.74 1,106.2-18.37

US Imports from Libya

The major share of US imports from Libya in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 99.94% of US total imports from Libya (78.56% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.05% of US total imports from Libya (21.36% in the 4th quarter of 2016).

The largest gains in US imports from Libya in the 4th quarter of 2017 over the 4th 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 $526.7 million.

The largest declines in US imports from Libya in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Fertilizers (HS code 31) - a decrease of $9.1 million.
US imports from Libya in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 561,237.3 99.94 34,512.51,526.19
31 Fertilizers 257.4 0.05 9,383.4-97.26
62 Articles of apparel and clothing accessories, not knitted or crocheted 1.1 0.00 0.0
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 5.6 0.00 3.180.62
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 28.0-100.00
97 Works of art, collectors’ pieces and antiques 26.7 0.00 0.0
99 Commodities not specified according to kind 30.0 0.01 5.7430.85
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce