Gabon (GAB) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Gabon-Libya Trade: In 2023, Gabon exported $2.49M to Libya. The main products that Gabon exported to Libya were Sawn Wood ($2.49M). Over the past 5 years the exports of Gabon to Libya have increased at an annualized rate of 0.27%, from $2.46M in 2018 to $2.49M in 2023.

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

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

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

Comparison: In 2023, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). That same year, Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $2.49M to Libya. The main products exported from Gabon to Libya were Sawn Wood ($2.49M). During the last 5 years the exports of Gabon to Libya have increased at an annualized rate of 0.27%, from $2.46M in 2018 to $2.49M in 2023.

Libya does not register exports to Gabon.

Exports from Gabon () to Libya () (2023)

Exports from Libya () to Gabon () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Libya
Top DestinationItaly$7.96B

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

In 2023, countries that imported more from Gabon than Libya included Indonesia ($875M), Israel ($680M), and Republic of the Congo ($574M).

In 2023, countries that imported more from Libya than Gabon included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

Difference in imports from Libya () and Gabon () (2023)

Comparative Advantage Gabon - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Libya in the exports of Wood Products ($2.49M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Libya+$3.48kRefined Petroleum

Top Product Potential Libya Gabon+$1.83kRefined 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 Gabon and Libya. This means that a dot/product with the flag of Gabon indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Gabon.

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Libya () (2023)

Exports from Libya () to Gabon () (2023)

Market Competitiveness

Difference in imports from Libya () and Gabon () (2023)

Comparative Advantage Gabon - Libya

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Libya () (2023)

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