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Pricing

2022
Flag → Flag
Exports $337Rnk 71 / 79
2022
Flag → Flag
Top Product $337Silicone
2022
Flag → Flag
Exports $9.9MRnk 87 / 187
2022
Flag → Flag
Top Product $9.04MFrozen Bovine Meat
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC $6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186
2022
Flag
GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Libya-Colombia Trade: In 2022, Libya exported $337 to Colombia. The main products that Libya exported to Colombia were Silicone ($337). Over the past 6 years the exports of Libya to Colombia have decreased at an annualized rate of 9.9%, from $630 in 2016 to $337 in 2022.

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

Colombia-Libya Trade: In 2022, Colombia exported $9.9M to Libya. The main products that Colombia exported to Libya were Frozen Bovine Meat ($9.04M), Coffee ($529k), and Confectionery Sugar ($250k). Over the past 6 years the exports of Colombia to Libya have increased at an annualized rate of 37.1%,  from $2.04M in 2016 to $9.9M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $337 to Colombia. The main products exported from Libya to Colombia were Silicone ($337). During the last 6 years the exports of Libya to Colombia have decreased at an annualized rate of 9.9%, from $630 in 2016 to $337 in 2022.

In 2017, Colombia exported $9.9M to Libya. The main products exported from Colombia to Libya were Frozen Bovine Meat ($9.04M), Coffee ($529k), and Confectionery Sugar ($250k). During the last 5 years the exports of Colombia to Libya have increased at an annualized rate of 37.1%, from $2.04M in 2022 to $9.9M in 2017.

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

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

Latest Data

Trade between Libya (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Colombia
Top DestinationUnited States$15.6B

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

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

In 2022, countries that imported more from Colombia than Libya included United States ($15.6B), Panama ($5.84B), and Brazil ($2.39B).

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

Comparative Advantage Libya - Colombia

Flow
Scale

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

During 2022, Libya had a large net trade with Colombia in the exports of Plastics and Rubbers ($337).

During 2017, Colombia had a large net trade with Libya in the exports of Animal Products ($9.04M), Vegetable Products ($529k), and Foodstuffs ($261k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Colombia+$6.14kCrude Petroleum
Top Product Potential Colombia Libya+$953kCoffee

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 Colombia. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Libya.

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

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