Trade between Russia and Libya in 2021 based on data from the Federal Customs Service of Russia
Report on foreign trade between Russia and Libya in 2021: trade turnover, exports, imports, structure, goods, dynamics.
Trade turnover between Russia and Libya
In 2021, Russia's trade turnover with Libya amounted to US$ 331,969,290, an increase of 173.79% (US$ 210,719,418) compared to 2020.
Russia's exports to Libya in 2021 amounted to US$ 331,968,763, an increase of 173.79% (US$ 210,718,933) compared to 2020.
Russia's imports from Libya in 2021 amounted to 527 US dollars, an increase of 1,154.76% (485 US dollars) compared to 2020.
The trade balance of Russia with Libya in 2021 was positive in the amount of 331,968,236 US dollars. Compared to 2020, the surplus increased by 173.79% (210,718,448 US dollars).
Libya's share in Russia's foreign trade turnover in 2021 was 0.0423% against 0.0214% in 2020. In terms of the share of Russian trade turnover in 2021, Libya took 92nd place (in 2020 – 115th place).
Libya's share in Russia's exports in 2021 was 0.0675% against 0.0360% in 2020. In terms of the share of Russian exports in 2021, Libya took 81st place (in 2020 – 99th place).
The share of Libya in Russia's imports in 2021 was 0.0000% against 0.0000% in 2020. In terms of the share of Russian imports in 2021, Libya ranked 225th (in 2020 – 230th).
In the structure of Russia's exports to Libya in 2021 (and in 2020), the main share of deliveries fell on the following types of goods:
• Food products and agricultural raw materials (HS codes 01-24) - 82.77% of the total volume of Russian exports to Libya (in 2020 – 80.17%);
• Mineral products (HS codes 25-27) - 14.45% of Russia's total exports to Libya (in 2020 – 10.08%);
• Wood and pulp and paper products (HS codes 44-49) - 1.32% of Russia's total exports to Libya (in 2020 – 4.26%);
• Machinery, equipment and vehicles (HS codes 84-90) - 0.79% of the total volume of Russian exports to Libya (in 2020 – 3.61%).
The largest increase in Russia's exports to Libya in 2021 compared to 2020 was recorded for the following commodity groups:
• Cereals (HS code 10) - an increase of 158,027,997 US dollars;
• Mineral fuel, oil and their distillation products; bituminous substances; mineral waxes (HS Code 27) - an increase of $35,746,485;
• Tobacco and Industrial Tobacco Substitutes (HS Code 24) - an increase of $12,446,500;
• Fats and oils of animal or vegetable origin and their breakdown products; prepared edible fats; waxes of animal or vegetable origin (HS code 15) - an increase of 5,907,500 US dollars.
The largest reduction in Russia 's exports to Libya in 2021 compared to 2020 was recorded for the following commodity groups:
• Means of land transport, other than railway or tram rolling stock, and their parts and accessories (HS Code 87) - a reduction of 2,554,171 US dollars;
• Printed books, newspapers, reproductions and other products of the printing industry; manuscripts, typewritten texts and plans (HS code 49) - Reduction by $1,252,182.
In the structure of Russia's imports from Libya in 2021 (and in 2020), the main share of deliveries fell on the following types of goods:
• Metals and products made from them (HS codes 72-83) - 100.00% of the total volume of Russian imports from Libya (in 2020 – 100.00%).
The largest increase in Russia 's imports from Libya in 2021 compared to 2020 was recorded for the following commodity groups:
• Ferrous metal products (HS Code 73) - an increase of $485.
The largest reduction in Russia 's imports from Libya in 2021 compared to 2020 was recorded for the following commodity groups:
• There are no product groups with a significant reduction.