2022
Flag  
GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC 
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
Rnk 185 / 186

About

Libya-Cuba Trade: In 2018, Libya exported $4.6M to Cuba. The main products that Libya exported to Cuba were N/A. Over the past 17 years the exports of Libya to Cuba have increased at an annualized rate of 64%, from $1.02k in 2001 to $4.6M in 2018.

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

Cuba-Libya In N/A, Cuba did not export any products to Libya.

In 2018, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Libya exported $4.6M to Cuba. There were not main exports from Libya to Cuba in 2018. During the last 17 years the exports of Libya to Cuba have increased at an annualized rate of 64%, from $1.02k in 2001 to $4.6M in 2018.

Cuba does not register exports to Libya.

Exports from Libya (Flag) to Cuba (Flag) (2018)

Exports from Cuba (Flag) to Libya (Flag) (2018)

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from Libya than Cuba included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

In 2022, countries that imported more from Cuba than Libya included Cyprus ($31.2M), Macau ($28.9M), and Portugal ($43.3M).

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

Comparative Advantage Libya - Cuba

Flow
Scale

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

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

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Libya and Cuba. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and Cuba (Flag) (2018)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with