Libya (LBY) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Libya-Germany Trade: In 2023, Libya exported $5.16B to Germany. The main products that Libya exported to Germany were Crude Petroleum ($5.07B), Refined Petroleum ($48.1M), and Iron Reductions ($36.4M). Over the past 5 years the exports of Libya to Germany have increased at an annualized rate of 85.7%, from $234M in 2018 to $5.16B in 2023.

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

Germany-Libya Trade: In 2023, Germany exported $621M to Libya. The main products that Germany exported to Libya were Concentrated Milk ($51.4M), Gas Turbines ($47.4M), and Cars ($38.3M). Over the past 5 years the exports of Germany to Libya have increased at an annualized rate of 8.86%, from $406M in 2018 to $621M in 2023.

In 2023, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Libya exported $5.16B to Germany. The main products exported from Libya to Germany were Crude Petroleum ($5.07B), Refined Petroleum ($48.1M), and Iron Reductions ($36.4M). During the last 5 years the exports of Libya to Germany have increased at an annualized rate of 85.7%, from $234M in 2018 to $5.16B in 2023.

In 2018, Germany exported $621M to Libya. The main products exported from Germany to Libya were Concentrated Milk ($51.4M), Gas Turbines ($47.4M), and Cars ($38.3M). During the last 5 years the exports of Germany to Libya have increased at an annualized rate of 8.86%, from $406M in 2023 to $621M in 2018.

Exports from Libya () to Germany () (2023)

Exports from Germany () to Libya () (2023)

Latest Data

Trade between Libya () and Germany ()

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$7.96B

Germany
Top DestinationUnited States$157B

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

In 2023, no countries were registered that imported more from Libya than from Germany.

In 2023, countries that imported more from Germany than Libya included United States ($157B), France ($118B), and Netherlands ($108B).

Difference in imports from Germany () and Libya () (2023)

Comparative Advantage Libya - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Libya had a large net trade with Germany in the exports of Mineral Products ($5.13B), Metals ($36.4M), and Machines ($208k).

During 2018, Germany had a large net trade with Libya in the exports of N/A.

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Germany+$97.9MCrude Petroleum

Top Product Potential Germany Libya+$36.4MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Libya () to Germany () (2023)

Exports from Germany () to Libya () (2023)

Latest Data

Trade between Libya () and Germany ()

Germany Exports

Market Competitiveness

Difference in imports from Germany () and Libya () (2023)

Comparative Advantage Libya - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and Germany () (2023)

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