2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
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).

Historical Data

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Libya
Top Destination
Italy$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)

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.

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 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) (NaN)

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