Croatia (HRV) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Croatia-Libya Trade: In 2023, Croatia exported $8.56M to Libya. The main products that Croatia exported to Libya were Gas Turbines ($2.91M), Sawn Wood ($2.26M), and Bovine ($1.51M). Over the past 5 years the exports of Croatia to Libya have increased at an annualized rate of 24.5%, from $2.86M in 2018 to $8.56M in 2023.

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

Libya-Croatia Trade: In 2023, Libya exported $2.71M to Croatia. The main products that Libya exported to Croatia were N/A. Over the past 5 years the exports of Libya to Croatia have decreased at an annualized rate of 53.5%, from $125M in 2018 to $2.71M in 2023.

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

Comparison: In 2023, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). 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, Croatia exported $8.56M to Libya. The main products exported from Croatia to Libya were Gas Turbines ($2.91M), Sawn Wood ($2.26M), and Bovine ($1.51M). During the last 5 years the exports of Croatia to Libya have increased at an annualized rate of 24.5%, from $2.86M in 2018 to $8.56M in 2023.

In 2017, Libya exported $2.71M to Croatia. There were not main exports from Libya to Croatia in 2017. During the last 5 years the exports of Libya to Croatia have decreased at an annualized rate of 53.5%, from $125M in 2022 to $2.71M in 2017.

Exports from Croatia () to Libya () (2023)

Exports from Libya () to Croatia () (2023)

Latest Data

Trade between Croatia () and Libya ()

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.05B

Libya
Top DestinationItaly$7.96B

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

In 2023, countries that imported more from Croatia than Libya included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Hungary ($1.23B).

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

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

Comparative Advantage Croatia - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Croatia had a large net trade with Libya in the exports of Machines ($3.23M), Wood Products ($2.26M), and Animal Products ($1.51M).

During 2017, Libya had a large net trade with Croatia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Croatia Libya+$544kPackaged Medicaments

Top Product Potential Libya Croatia+$4.74MPetroleum Gas

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 Croatia and Libya. This means that a dot/product with the flag of Croatia indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Croatia.

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Historical Data

Bilateral Trade by Products

Exports from Croatia () to Libya () (2023)

Exports from Libya () to Croatia () (2023)

Latest Data

Trade between Croatia () and Libya ()

Croatia Exports

Market Competitiveness

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

Comparative Advantage Croatia - Libya

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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