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2023
Flag → Flag
Exports $12.8MRnk 32 / 89
2023
Flag → Flag
Top Product $12.8MRefined Petroleum
2023
Flag → Flag
Exports $775MRnk 1 / 196
2023
Flag → Flag
Top Product $646MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
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GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
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 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
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GDP PC $6,173CURRENT US$
Rnk 112 / 195
2013-2023
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GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195
2023
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GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
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GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Libya-Cyprus Trade: In 2023, Libya exported $12.8M to Cyprus. The main products that Libya exported to Cyprus were Refined Petroleum ($12.8M), Non-Knit Men's Suits ($153), and Other Knit Garments ($11). Over the past 5 years the exports of Libya to Cyprus have decreased at an annualized rate of 8.4%, from $19.9M in 2018 to $12.8M in 2023.

In 2023, Libya did not export any services to Cyprus.

Cyprus-Libya Trade: In 2023, Cyprus exported $775M to Libya. The main products that Cyprus exported to Libya were Refined Petroleum ($646M), Scented Mixtures ($123M), and Fruit Juice ($1.19M). Over the past 5 years the exports of Cyprus to Libya have increased at an annualized rate of 6.13%,  from $427M in 2018 to $775M in 2023.

In 2023, Cyprus 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, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Libya exported $12.8M to Cyprus. The main products exported from Libya to Cyprus were Refined Petroleum ($12.8M), Non-Knit Men's Suits ($153), and Other Knit Garments ($11). During the last 5 years the exports of Libya to Cyprus have decreased at an annualized rate of 8.4%, from $19.9M in 2018 to $12.8M in 2023.

In 2018, Cyprus exported $775M to Libya. The main products exported from Cyprus to Libya were Refined Petroleum ($646M), Scented Mixtures ($123M), and Fruit Juice ($1.19M). During the last 5 years the exports of Cyprus to Libya have increased at an annualized rate of 6.13%, from $427M in 2023 to $775M in 2018.

Exports from Libya (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to Libya (Flag) (2023)

Latest Data

Trade between Libya (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$7.96B
Cyprus
Top DestinationLibya$775M

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

In 2023, countries that imported more from Libya than Cyprus included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

In 2023, countries that imported more from Cyprus than Libya included Bermuda ($403M), Lebanon ($438M), and Marshall Islands ($294M).

Difference in imports from Cyprus (Flag) and Libya (Flag) (2023)

Comparative Advantage Libya - Cyprus

Flow
Scale

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

During 2023, Libya had a large net trade with Cyprus in the exports of Mineral Products ($12.8M), Textiles ($164), and Paper Goods ($6).

During 2018, Cyprus had a large net trade with Libya in the exports of Mineral Products ($646M), Chemical Products ($124M), and Foodstuffs ($2.27M).

Economic Complexity

Competitive Landscape

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

Product Space of Libya (Flag) and Cyprus (Flag) (2023)

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