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2022
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Exports $429MRnk 69 / 218
2022
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Top Product $158MRefined Petroleum
2022
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Exports $3.48BRnk 2 / 79
2022
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Top Product $3.35BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI -0.84Rnk 96 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
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2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 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

Spain-Libya In 2022, Spain exported $429M to Libya. The main products that Spain exported to Libya are Refined Petroleum ($158M), Bovine ($35M), and Unglazed Ceramics ($27.9M). During the last 27 years the exports of Spain to Libya have increased at an annualized rate of 3.5%, from $169M in 1995 to $429M in 2022.

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

Libya-Spain In 2022, Libya exported $3.48B to Spain. The main products that Libya exported to Spain were Crude Petroleum ($3.35B), Refined Petroleum ($110M), and Iron Reductions ($9.76M). During the last 27 years the exports of Libya to Spain have increased at an annualized rate of 4.61%, from $1.03B in 1995 to $3.48B in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Libya ranked 96 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €15.4M and imported €253M from Libya, resulting in a negative trade balance of €238M. Between January 2023 and January 2024 the exports of Spain have decreased by €-4.62M (-23.1%) from €20M to €15.4M, while imports increased by €1.34M (0.53%) from €252M to €253M.

Trade In January 2024, the top exports of Spain to Libya were Refined Petroleum (€2.39M), Unglazed Ceramics (€1.54M), Industrial Food Preperation Machinery (€1.39M), Bovine (€1.08M), and Other Heating Machinery (€898k). In January 2024 the top imports of Spain from Libya were Crude Petroleum (€191M), Refined Petroleum (€36.9M), Ammonia (€23.6M), Tropical Fruits (€22.7k), and Commodities not elsewhere specified (€28.6).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€4.3M), Madrid (€2.14M), Valencia (€1.82M), Lleida (€1.72M), and Castellón (€1.52M), while imports destinations were mainly A Coruña (€95.2M), Huelva (€47.2M), Madrid (€46.1M), Tarragona (€44.5M), and Barcelona (€20.2M).

Growth In January 2024, the decrease in Spain's year-by-year exports to Libya was explained primarily by an decrease in product exports in Refined Petroleum (€-35.8M or -93.7%), Tractors (€-1.15M or -77.5%), and Processed Fish (€-652k or -99.6%). In January 2024, the increase in Spain's year-by-year imports  from Libya was explained primarily by an increase in product imports  in Crude Petroleum (€53M or 38.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-4.62M(-23.1%)
IMPORT GROWTH (January 2023 - January 2024)€1.34M(0.53%)
MAIN EXPORTER (January 2024)Barcelona€4.3M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $429M to Libya. The main products exported from Spain to Libya were Refined Petroleum ($158M), Bovine ($35M), and Unglazed Ceramics ($27.9M). During the last 27 years the exports of Spain to Libya have increased at an annualized rate of 3.5%, from $169M in 1995 to $429M in 2022.

In 2022, Libya exported $3.48B to Spain. The main products exported from Libya to Spain were Crude Petroleum ($3.35B), Refined Petroleum ($110M), and Iron Reductions ($9.76M). During the last 27 years the exports of Libya to Spain have increased at an annualized rate of 4.61%, from $1.03B in 1995 to $3.48B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Libya
Top DestinationItaly$9.26B

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

In 2021, countries that imported more from Spain than Libya were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Libya than Spain were Thailand ($1.67B).

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

Comparative Advantage Spain - Libya

Flow
Scale

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

During 2022, Spain had a large net trade with Libya in the exports of Mineral Products ($160M), Animal Products ($51.8M), and Chemical Products ($38.7M).

During 2022, Libya had a large net trade with Spain in the exports of Mineral Products ($3.46B), Metals ($13.3M), and Chemical Products ($2.99M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Libya. Similarly, the more yellow a dot/product is, the more Libya has comparative advantage over Spain.

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

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