Libya (LBY) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Libya-Angola Trade: In 2018, Libya exported $5.03k to Angola. The main products that Libya exported to Angola were N/A. Over the past 6 years the exports of Libya to Angola have decreased at an annualized rate of 22.3%, from $22.9k in 2012 to $5.03k in 2018.

In 2018, Libya did not export any services to Angola.

Angola-Libya Trade: In 2018, Angola exported $1.12k to Libya. The main products that Angola exported to Libya were N/A. Over the past 6 years the exports of Angola to Libya have decreased at an annualized rate of 45.4%, from $864k in 2012 to $1.12k in 2018.

In 2018, Angola did not export any services to Libya.

Comparison: In 2022, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Libya exported $5.03k to Angola. There were not main exports from Libya to Angola in 2018. During the last 6 years the exports of Libya to Angola have decreased at an annualized rate of 22.3%, from $22.9k in 2012 to $5.03k in 2018.

In 2015, Angola exported $1.12k to Libya. There were not main exports from Angola to Libya in 2015. During the last 5 years the exports of Angola to Libya have decreased at an annualized rate of 45.4%, from $864k in 2020 to $1.12k in 2015.

Exports from Libya () to Angola () (2020)

Exports from Angola () to Libya () (2020)

Latest Data

Trade between Libya () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Libya than Angola included Italy ($9.26B), Germany ($3.32B), and Greece ($2.25B).

In 2022, countries that imported more from Angola than Libya included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

Difference in imports from Angola () and Libya () (2022)

Comparative Advantage Libya - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Libya had a large net trade with Angola in the exports of .

During 2015, Angola had a large net trade with Libya 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 Libya Angola+$3.8kRefined Petroleum

Top Product Potential Angola Libya+$4.84kRefined 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 Libya and Angola. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Libya.

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Historical Data

Bilateral Trade by Products

Exports from Libya () to Angola () (2020)

Exports from Angola () to Libya () (2020)

Latest Data

Trade between Libya () and Angola ()

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Libya () (2022)

Comparative Advantage Libya - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and Angola () (2020)

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