Armenia (ARM) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Armenia-Libya In 2022, Armenia exported $412k to Libya. The main products that Armenia exported to Libya are Rolled Tobacco ($412k). During the last 18 years the exports of Armenia to Libya have increased at an annualized rate of 56.6%, from $129 in 2004 to $412k in 2022.

In 2022, Armenia did not export any services to Libya.

Libya-Armenia In 2022, Libya exported $474 to Armenia. The main products that Libya exported to Armenia were N/A. During the last 18 years the exports of Libya to Armenia have decreased at an annualized rate of 15.8%, from $10.5k in 2004 to $474 in 2022.

In 2022, Libya did not export any services to Armenia.

Comparison In 2022, Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B). That same year, Libya ranked 96 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Armenia exported $412k to Libya. The main products exported from Armenia to Libya were Rolled Tobacco ($412k). During the last 18 years the exports of Armenia to Libya have increased at an annualized rate of 56.6%, from $129 in 2004 to $412k in 2022.

In 2021, Libya exported $474 to Armenia. There were not main exports from Libya to Armenia in 2021. During the last 13 years the exports of Libya to Armenia have decreased at an annualized rate of 15.8%, from $10.5k in 2008 to $474 in 2021.

Exports from Armenia () to Libya () (2022)

Exports from Libya () to Armenia () (2022)

Latest Data

Trade between Armenia () and Libya ()

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$2.36B

Libya
Top DestinationItaly$9.26B

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

In 2021, countries that imported more from Armenia than Libya were Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2021, countries that imported more from Libya than Armenia were Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

Difference in imports from Libya () and Armenia () (2022)

Comparative Advantage Armenia - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Armenia and Libya by product, considering products traded by both, Armenia and Libya.

During 2022, Armenia had a large net trade with Libya in the exports of Foodstuffs ($412k).

During 2021, Libya had a large net trade with Armenia in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Armenia has comparative advantage over Libya. Similarly, the more yellow a dot/product is, the more Libya has comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Libya () (2022)

Exports from Libya () to Armenia () (2022)

Latest Data

Trade between Armenia () and Libya ()

Armenia Exports

Market Competitiveness

Difference in imports from Libya () and Armenia () (2022)

Comparative Advantage Armenia - Libya

Economic Complexity

Competitive Landscape

Product Space of Armenia () and Libya () (2022)

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