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Pricing

2022
Flag → Flag
Exports $567MRnk 84 / 223
2022
Flag → Flag
Top Product $92.8MGas Turbines
2022
Flag → Flag
Exports $3.32BRnk 3 / 79
2022
Flag → Flag
Top Product $3.28BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 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 $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 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

Germany-Libya Trade: In 2022, Germany exported $567M to Libya. The main products that Germany exported to Libya were Gas Turbines ($92.8M), Packaged Medicaments ($42.5M), and Concentrated Milk ($38.9M). Over the past 5 years the exports of Germany to Libya have increased at an annualized rate of 11.2%, from $334M in 2017 to $567M in 2022.

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

Libya-Germany Trade: In 2022, Libya exported $3.32B to Germany. The main products that Libya exported to Germany were Crude Petroleum ($3.28B), Refined Petroleum ($22.7M), and Iron Reductions ($17.9M). Over the past 5 years the exports of Libya to Germany have increased at an annualized rate of 75.6%,  from $199M in 2017 to $3.32B in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €50.3M and imported €415M from Libya, resulting in a negative trade balance of €365M. Between August 2023 and August 2024 the exports of Germany have decreased by €-7.75M (-13.4%) from €58M to €50.3M, while imports increased by €138M (49.8%) from €277M to €415M.

Trade In August 2024, the top exports of Germany to Libya were Milk and milk products except butter... (€8.72M), Pharmaceutical products (€4.27M), Cheese (€3.36M), Other machinery (€3.19M), and Motor cars and motor caravans (€2.47M). In August 2024 the top imports of Germany from Libya were Petroleum oil and petroleum gases (€289M), Pig iron (€874k), Returned goods (€21k), Measuring and automatical control instruments (€11k), and Headgear (€2k).

Origins In August 2024 the exports of Germany were mainly from Berlin (€13.3M), Bavaria (€5.49M), Hamburg (€4.45M), North Rhine-Westphalia (€3.69M), and Baden-Württemberg (€3.15M), while imports destinations were mainly Bavaria (€118M), Baden-Württemberg (€116M), Brandenburg (€97.3M), Saxony-Anhalt (€50.4M), and North Rhine-Westphalia (€32.1M).

Growth In August 2024, the decrease in Germany's year-by-year exports to Libya was explained primarily by an decrease in product exports in Engines (excl. for tractor,aircraft, road vehicle) (€-1.76M or -68.2%), Pumps and compressors (€-754k or -58.9%), and Measuring and automatical control instruments (€-751k or -51.2%). In August 2024, the increase in Germany's year-by-year imports  from Libya was explained primarily by an increase in product imports  in Petroleum oil and petroleum gases (€24.9M or 9.41%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-7.75M(-13.4%)
IMPORT GROWTH (August 2023 - August 2024)€138M(49.8%)
MAIN EXPORTER (August 2024)Berlin€13.3M

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

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

For full datasets download visit Bulk Download page.

Explore Libya and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $567M to Libya. The main products exported from Germany to Libya were Gas Turbines ($92.8M), Packaged Medicaments ($42.5M), and Concentrated Milk ($38.9M). During the last 5 years the exports of Germany to Libya have increased at an annualized rate of 11.2%, from $334M in 2017 to $567M in 2022.

In 2017, Libya exported $3.32B to Germany. The main products exported from Libya to Germany were Crude Petroleum ($3.28B), Refined Petroleum ($22.7M), and Iron Reductions ($17.9M). During the last 5 years the exports of Libya to Germany have increased at an annualized rate of 75.6%, from $199M in 2022 to $3.32B in 2017.

Exports from Germany (Flag) to Libya (Flag) (2022)

Exports from Libya (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Germany than Libya included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, no countries were registered that imported more from Libya than from Germany.

Difference in imports from Libya (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Libya

Flow
Scale

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

During 2022, Germany had a large net trade with Libya in the exports of Machines ($215M), Chemical Products ($84.7M), and Animal Products ($63.5M).

During 2017, Libya had a large net trade with Germany in the exports of Mineral Products ($3.3B), Metals ($17.9M), and Machines ($112k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Libya+$36.4MCars
Top Product Potential Libya Germany+$97.9MCrude 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 Germany and Libya. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Germany.

Product Space of Germany (Flag) and Libya (Flag) (2022)

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