Costa Rica (CRI) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Costa Rica-Libya Trade: In 2022, Costa Rica exported $8.47M to Libya. The main products that Costa Rica exported to Libya were Bananas ($7.57M), Tropical Fruits ($655k), and Other Processed Fruits and Nuts ($204k). Over the past 5 years the exports of Costa Rica to Libya have increased at an annualized rate of 47.3%, from $1.22M in 2017 to $8.47M in 2022.

In 2022, Costa Rica did not export any services to Libya.

Libya-Costa Rica In N/A, Libya did not export any products to Costa Rica.

In 2022, Libya did not export any services to Costa Rica.

Comparison: In 2022, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Costa Rica exported $8.47M to Libya. The main products exported from Costa Rica to Libya were Bananas ($7.57M), Tropical Fruits ($655k), and Other Processed Fruits and Nuts ($204k). During the last 5 years the exports of Costa Rica to Libya have increased at an annualized rate of 47.3%, from $1.22M in 2017 to $8.47M in 2022.

Libya does not register exports to Costa Rica. The main products exported from Libya to Costa Rica were Broadcasting Accessories ($660) and Centrifuges ($208).

Exports from Costa Rica () to Libya () (2022)

Exports from Libya () to Costa Rica () (2022)

Latest Data

Trade between Costa Rica () and Libya ()

Costa Rica Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Costa Rica
Top DestinationUnited States$6.83B

Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Costa Rica than Libya included United States ($6.83B), Guatemala ($821M), and Belgium ($775M).

In 2022, countries that imported more from Libya than Costa Rica included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

Difference in imports from Libya () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Costa Rica had a large net trade with Libya in the exports of Vegetable Products ($8.27M), Foodstuffs ($204k), and Chemical Products ($1.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Costa Rica Libya+$260kTropical Fruits

Top Product Potential Libya Costa Rica+$3.59kRefined 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Costa Rica () to Libya () (2022)

Exports from Libya () to Costa Rica () (2022)

Latest Data

Trade between Costa Rica () and Libya ()

Costa Rica Exports

Market Competitiveness

Difference in imports from Libya () and Costa Rica () (2022)

Comparative Advantage Costa Rica - Libya

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Costa Rica () and Libya () (2022)

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