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2022
Flag → Flag
Exports $9.32MRnk 89 / 0
2022
Flag → Flag
Exports $10.3kRnk 37 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$6,173CURRENT US$
Rnk 112 / 196
2013-2023
Flag
GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195

About

Iran-Libya Trade: In 2022, Iran exported $9.32M to Libya. The main products that Iran exported to Libya were N/A. Over the past 5 years the exports of Iran to Libya have decreased at an annualized rate of 3.39%, from $11.1M in 2017 to $9.32M in 2022.

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

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

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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
Value

In 2022, Iran exported $9.32M to Libya. There were not main exports from Iran to Libya in 2022. During the last 5 years the exports of Iran to Libya have decreased at an annualized rate of 3.39%, from $11.1M in 2017 to $9.32M in 2022.

Libya does not register exports to Iran.

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

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

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Libya
Top DestinationItaly$7.96B

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

In 2023, countries that imported more from Iran than Libya included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

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

Difference in imports from Libya (Flag) and Iran (Flag) (2023)

Comparative Advantage Iran - Libya

Flow
Scale

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

During 2022, Iran had a large net trade with Libya in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Libya+$4.01kRefined Petroleum
Top Product Potential Libya Iran+$3kRefined 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 Iran and Libya. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Iran.

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

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