GDP$45.8BCURRENT US$Rnk 91 / 186 GDP GROWTH-50.6%CURRENT US$Rnk 186 / 186
GDP$20.4BCURRENT US$Rnk 115 / 186 GDP GROWTH46.3%CURRENT US$Rnk 73 / 186 GDP PC $6,716CURRENT US$Rnk 97 / 186GDP PC GROWTH-57.4%CURRENT US$Rnk 185 / 186GDP PC$7,738CURRENT US$Rnk 86 / 186GDP PC GROWTH21%CURRENT US$Rnk 82 / 186In N/A, Libya did not export any services to Botswana.
Botswana-Libya In N/A, Botswana did not export any products to Libya.
In N/A, Botswana 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, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).
) to Botswana () (2022)) to Libya () (2022)This map shows whether countries import more from Libya or Botswana. Each country is colored based on the difference in imports they receive from Libya and Botswana or the difference in the growth in imports.
In 2022, countries that imported more from Libya than Botswana included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).
In 2022, countries that imported more from Botswana than Libya included Belgium ($1.55B), South Africa ($836M), and India ($1.28B).
) and Libya () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Libya and Botswana. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Botswana. Similarly, a dot/product with the flag of Botswana indicates it has a comparative advantage over Libya.
) and Botswana () (2022)
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