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Pricing

2023
Flag → Flag
Exports $1.85BRnk 7 / 89
2023
Flag → Flag
Top Product $1.09BCrude Petroleum
2023
Flag → Flag
Exports $1.83BRnk 32 / 216
2023
Flag → Flag
Top Product $722MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC $6,173CURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC$49,041CURRENT US$
Rnk 27 / 196
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

Libya-United Arab Emirates Trade: In 2023, Libya exported $1.85B to United Arab Emirates. The main products that Libya exported to United Arab Emirates were Crude Petroleum ($1.09B), Gold ($746M), and Scrap Copper ($10.4M). Over the past 5 years the exports of Libya to United Arab Emirates have increased at an annualized rate of 14.7%, from $930M in 2018 to $1.85B in 2023.

In 2023, Libya did not export any services to United Arab Emirates.

United Arab Emirates-Libya Trade: In 2023, United Arab Emirates exported $1.83B to Libya. The main products that United Arab Emirates exported to Libya were Broadcasting Equipment ($722M), Rolled Tobacco ($522M), and Gold ($53.8M). Over the past 5 years the exports of United Arab Emirates to Libya have increased at an annualized rate of 4.78%,  from $1.45B in 2018 to $1.83B in 2023.

In 2023, United Arab Emirates did not export any services to Libya.

Comparison: In 2023,  Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Libya exported $1.85B to United Arab Emirates. The main products exported from Libya to United Arab Emirates were Crude Petroleum ($1.09B), Gold ($746M), and Scrap Copper ($10.4M). During the last 5 years the exports of Libya to United Arab Emirates have increased at an annualized rate of 14.7%, from $930M in 2018 to $1.85B in 2023.

In 2018, United Arab Emirates exported $1.83B to Libya. The main products exported from United Arab Emirates to Libya were Broadcasting Equipment ($722M), Rolled Tobacco ($522M), and Gold ($53.8M). During the last 5 years the exports of United Arab Emirates to Libya have increased at an annualized rate of 4.78%, from $1.45B in 2023 to $1.83B in 2018.

Exports from Libya (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Libya (Flag) (2023)

Latest Data

Trade between Libya (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$7.96B
United Arab Emirates
Top DestinationChina$40.2B

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

In 2023, countries that imported more from Libya than United Arab Emirates included Italy ($7.96B), Spain ($3.08B), and Greece ($2.2B).

In 2023, countries that imported more from United Arab Emirates than Libya included China ($40.2B), India ($38.2B), and Japan ($37.4B).

Difference in imports from United Arab Emirates (Flag) and Libya (Flag) (2023)

Comparative Advantage Libya - United Arab Emirates

Flow
Scale

This chart compares trade between Libya and United Arab Emirates by product, considering products traded by both, Libya and United Arab Emirates.

During 2023, Libya had a large net trade with United Arab Emirates in the exports of Mineral Products ($1.09B), Precious Metals ($749M), and Metals ($10.6M).

During 2018, United Arab Emirates had a large net trade with Libya in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya United Arab Emirates+$2.23MRefined Petroleum
Top Product Potential United Arab Emirates Libya+$22.2MRefined 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 Libya and United Arab Emirates. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and United Arab Emirates (Flag) (2023)

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