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2023
Flag → Flag
Exports $3.9BRnk 81 / 208
2023
Flag → Flag
Top Product $191MRubber Tires
2023
Flag → Flag
Exports $2.2BRnk 5 / 89
2023
Flag → Flag
Top Product $2.2BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
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GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$6,173CURRENT US$
Rnk 112 / 196
2013-2023
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GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195

About

China-Libya Trade: In 2023, China exported $3.9B to Libya. The main products that China exported to Libya were Rubber Tires ($191M), Air Conditioners ($180M), and Light Fixtures ($143M). Over the past 5 years the exports of China to Libya have increased at an annualized rate of 22.3%, from $1.42B in 2018 to $3.9B in 2023.

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

Libya-China Trade: In 2023, Libya exported $2.2B to China. The main products that Libya exported to China were Crude Petroleum ($2.2B), Scrap Copper ($1.26M), and Raw Aluminium ($782k). Over the past 5 years the exports of Libya to China have decreased at an annualized rate of 5.19%,  from $4.89B in 2018 to $2.2B in 2023.

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

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). 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, China exported $439M and imported $165M from Libya, resulting in a positive trade balance of $274M. Between December 2023 and December 2024 the exports of China have increased by $43.9M (11.1%) from $395M to $439M, while imports increased by $58.2M (54.7%) from $106M to $165M.

Trade In December 2024, the top exports of China to Libya were Iron Pipes ($30.5M), Rubber Footwear ($23M), Light Fixtures ($17M), Rice ($15.3M), and Rubber Tires ($11.8M). In December 2024 the top imports of China from Libya were Crude Petroleum ($41.8M), Acyclic Hydrocarbons ($5.95M), Petroleum Gas ($3.3M), Raw Aluminium ($143k), and Scrap Copper ($139k).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($109M), Shandong Province ($106M), Guangdong Province ($39.4M), Jiangsu Province ($24.7M), and Hunan Province ($21.8M), while imports destinations were mainly Beijing ($164M), Zhejiang Province ($724k), Guangdong Province ($6.8k), Jiangsu Province ($481), and Shanghai Province ($248).

Growth In December 2024, the increase in China's year-by-year exports to Libya was explained primarily by an increase in product exports in Iron Pipes ($30.4M or 173k%), Utility Meters ($10.7M or 43k%), and Rubber Footwear ($9.4M or 69.1%). In December 2024, the increase in China's year-by-year imports  from Libya was explained primarily by an increase in product imports  in Commodities not elsewhere specified ($1.4k or 35.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$43.9M(11.1%)
IMPORT GROWTH (December 2023 - December 2024)$58.2M(54.7%)
MAIN EXPORTER (December 2024)Zhejiang Province$109M

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

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

For full datasets download visit Bulk Download page.

Explore Libya and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $3.9B to Libya. The main products exported from China to Libya were Rubber Tires ($191M), Air Conditioners ($180M), and Light Fixtures ($143M). During the last 5 years the exports of China to Libya have increased at an annualized rate of 22.3%, from $1.42B in 2018 to $3.9B in 2023.

In 2018, Libya exported $2.2B to China. The main products exported from Libya to China were Crude Petroleum ($2.2B), Scrap Copper ($1.26M), and Raw Aluminium ($782k). During the last 5 years the exports of Libya to China have decreased at an annualized rate of 5.19%, from $4.89B in 2023 to $2.2B in 2018.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Libya
Top DestinationItaly$7.96B

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

In 2023, countries that imported more from China than Libya included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Libya than from China.

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

Comparative Advantage China - Libya

Flow
Scale

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

During 2023, China had a large net trade with Libya in the exports of Machines ($1.16B), Textiles ($487M), and Metals ($465M).

During 2018, Libya had a large net trade with China in the exports of Mineral Products ($2.2B), Metals ($2.06M), and Precious Metals ($69.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Libya+$69.6MTelephones
Top Product Potential Libya China+$1.44BCrude 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 China and Libya. This means that a dot/product with the flag of China indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over China.

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

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