2022
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GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH
-50.6%CURRENT US$
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2022
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 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH
15.1%CURRENT US$
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2022
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GDP PC 
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
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GDP PC GROWTH
-57.4%CURRENT US$
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2022
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GDP PC
$52,131CURRENT US$
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2012-2022
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GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Libya-Austria In 2022, Libya exported $674M to Austria. The main products that Libya exported to Austria are Crude Petroleum ($674M), Orthopedic Appliances ($243k), and Brochures ($5.85k). During the last 27 years the exports of Libya to Austria have increased at an annualized rate of 5.16%, from $173M in 1995 to $674M in 2022.

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

Austria-Libya In 2022, Austria exported $50.1M to Libya. The main products that Austria exported to Libya were Flavored Water ($14.9M), Cheese ($12.1M), and Other Printed Material ($5.05M). During the last 27 years the exports of Austria to Libya have decreased at an annualized rate of 1.01%, from $65.8M in 1995 to $50.1M in 2022.

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

Comparison In 2022,  Libya ranked 96 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $674M to Austria. The main products exported from Libya to Austria were Crude Petroleum ($674M), Orthopedic Appliances ($243k), and Brochures ($5.85k). During the last 27 years the exports of Libya to Austria have increased at an annualized rate of 5.16%, from $173M in 1995 to $674M in 2022.

In 2022, Austria exported $50.1M to Libya. The main products exported from Austria to Libya were Flavored Water ($14.9M), Cheese ($12.1M), and Other Printed Material ($5.05M). During the last 27 years the exports of Austria to Libya have decreased at an annualized rate of 1.01%, from $65.8M in 1995 to $50.1M in 2022.

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

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

Latest Data

Trade between Libya (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Austria
Top Destination
Germany$57.7B

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

In 2021, countries that imported more from Libya than Austria were Greece ($2.25B), Thailand ($1.67B), and United Arab Emirates ($1.63B).

In 2021, countries that imported more from Austria than Libya were Germany ($57.7B), United States ($14.4B), and Switzerland ($11.2B).

Difference in imports from Austria (Flag) and Libya (Flag) (2022)

Comparative Advantage Libya - Austria

Flow
Scale

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

During 2022, Libya had a large net trade with Austria in the exports of Mineral Products ($674M), Instruments ($243k), and Paper Goods ($5.85k).

During 2022, Austria had a large net trade with Libya in the exports of Foodstuffs ($18.6M), Animal Products ($12.3M), and Paper Goods ($7.79M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Libya has comparative advantage over Austria. Similarly, the more yellow a dot/product is, the more Austria has comparative advantage over Libya.

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

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