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Pricing

2022
Flag → Flag
Exports $853MRnk 48 / 219
2022
Flag → Flag
Top Product $473MBroadcasting Equipment
2022
Flag → Flag
Exports $1.68BRnk 9 / 79
2022
Flag → Flag
Top Product $1.02BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
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Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
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 GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
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GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
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GDP PC$6,716CURRENT US$
Rnk 97 / 186
2012-2022
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GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186

About

United Arab Emirates-Libya Trade: In 2022, United Arab Emirates exported $853M to Libya. The main products that United Arab Emirates exported to Libya were Broadcasting Equipment ($473M), Rolled Tobacco ($383M), and Raw Sugar ($81.8M). Over the past 5 years the exports of United Arab Emirates to Libya have increased at an annualized rate of 12.7%, from $470M in 2017 to $853M in 2022.

In 2022, United Arab Emirates did not export any services to Libya.

Libya-United Arab Emirates Trade: In 2022, Libya exported $1.68B to United Arab Emirates. The main products that Libya exported to United Arab Emirates were Crude Petroleum ($1.02B), Gold ($608M), and Silver ($1.24M). Over the past 5 years the exports of Libya to United Arab Emirates have increased at an annualized rate of 91.2%,  from $65.7M in 2017 to $1.68B in 2022.

In 2022, Libya did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $853M to Libya. The main products exported from United Arab Emirates to Libya were Broadcasting Equipment ($473M), Rolled Tobacco ($383M), and Raw Sugar ($81.8M). During the last 5 years the exports of United Arab Emirates to Libya have increased at an annualized rate of 12.7%, from $470M in 2017 to $853M in 2022.

In 2017, Libya exported $1.68B to United Arab Emirates. The main products exported from Libya to United Arab Emirates were Crude Petroleum ($1.02B), Gold ($608M), and Silver ($1.24M). During the last 12 years the exports of Libya to United Arab Emirates have increased at an annualized rate of 91.2%, from $65.7M in 2005 to $1.68B in 2017.

Exports from United Arab Emirates (Flag) to Libya (Flag) (2022)

Exports from Libya (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Libya (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Libya
Top DestinationItaly$9.26B

This map shows whether countries import more from United Arab Emirates or Libya. Each country is colored based on the difference in imports they receive from United Arab Emirates and Libya or the difference in the growth in imports.

In 2022, countries that imported more from United Arab Emirates than Libya included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Libya than United Arab Emirates included Italy ($9.26B), Greece ($2.25B), and Spain ($3.48B).

Difference in imports from Libya (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Libya

Flow
Scale

This chart compares trade between United Arab Emirates and Libya by product, considering products traded by both, United Arab Emirates and Libya.

During 2022, United Arab Emirates had a large net trade with Libya in the exports of Machines ($558M), Foodstuffs ($487M), and Chemical Products ($62.3M).

During 2017, Libya had a large net trade with United Arab Emirates in the exports of Mineral Products ($1.02B), Precious Metals ($610M), and Chemical Products ($118k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Libya+$22.2MRefined Petroleum
Top Product Potential Libya United Arab Emirates+$2.23MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Libya. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Libya (Flag) (2022)

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