NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $451MRnk 64 / 221
2023
Flag → Flag
Top Product $183MIron Ore
2023
Flag → Flag
Exports $88.3kRnk 55 / 89
2023
Flag → Flag
Top Product $87.3kScrap Aluminium
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$6,173CURRENT US$
Rnk 112 / 196
2013-2023
Flag
GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195

About

Brazil-Libya Trade: In 2023, Brazil exported $451M to Libya. The main products that Brazil exported to Libya were Iron Ore ($183M), Poultry Meat ($144M), and Frozen Bovine Meat ($76.3M). Over the past 5 years the exports of Brazil to Libya have increased at an annualized rate of 17.5%, from $201M in 2018 to $451M in 2023.

In 2023, Brazil did not export any services to Libya.

Libya-Brazil Trade: In 2023, Libya exported $88.3k to Brazil. The main products that Libya exported to Brazil were Scrap Aluminium ($87.3k), Integrated Circuits ($549), and Engine Parts ($398). Over the past 5 years the exports of Libya to Brazil have decreased at an annualized rate of 75.4%,  from $97.4M in 2018 to $88.3k in 2023.

In 2023, Libya did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $52.8M and imported $745 from Libya, resulting in a positive trade balance of $52.8M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-13.9M (-20.9%) from $66.7M to $52.8M, while imports increased by $604 (428%) from $141 to $745.

Trade In December 2024, the top exports of Brazil to Libya were Iron Ore ($19.9M), Poultry Meat ($16.7M), Frozen Bovine Meat ($7.79M), Coffee ($2.15M), and Other Pure Vegetable Oils ($934k). In December 2024 the top imports of Brazil from Libya were .

Origins In December 2024 the exports of Brazil were mainly from Espírito Santo ($17.2M), Paraná ($14.1M), Rio Grande do Sul ($4.69M), Mato Grosso ($3.88M), and Minas Gerais ($3M), while imports destinations were mainly N/A.

Growth In December 2024, the decrease in Brazil's year-by-year exports to Libya was explained primarily by an decrease in product exports in Rubber Footwear ($-120k or -28.8%), Hair Products ($-35.5k or -34%), and Plastic Housewares ($-522 or -76%). In November 2024, the increase in Brazil's year-by-year imports  from Libya was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-13.9M(-20.9%)
IMPORT GROWTH (November 2023 - November 2024)$604(428%)
MAIN EXPORTER (December 2024)Espírito Santo$17.2M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Libya and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Libya and Brazil Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $451M to Libya. The main products exported from Brazil to Libya were Iron Ore ($183M), Poultry Meat ($144M), and Frozen Bovine Meat ($76.3M). During the last 5 years the exports of Brazil to Libya have increased at an annualized rate of 17.5%, from $201M in 2018 to $451M in 2023.

In 2018, Libya exported $88.3k to Brazil. The main products exported from Libya to Brazil were Scrap Aluminium ($87.3k), Integrated Circuits ($549), and Engine Parts ($398). During the last 5 years the exports of Libya to Brazil have decreased at an annualized rate of 75.4%, from $97.4M in 2023 to $88.3k in 2018.

Exports from Brazil (Flag) to Libya (Flag) (2023)

Exports from Libya (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Libya
Top DestinationItaly$7.96B

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

In 2023, countries that imported more from Brazil than Libya included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Libya than Brazil included Italy ($7.96B), Greece ($2.2B), and Austria ($1.16B).

Difference in imports from Libya (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Libya

Flow
Scale

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

During 2023, Brazil had a large net trade with Libya in the exports of Animal Products ($221M), Mineral Products ($183M), and Vegetable Products ($25.2M).

During 2018, Libya had a large net trade with Brazil in the exports of Metals ($87.3k) and Machines ($947).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Libya+$3.41MCoffee
Top Product Potential Libya Brazil+$11.5kCrude 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Libya (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms