Libya (LBY) and Egypt (EGY) Trade | The Observatory of Economic Complexity

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Libya-Egypt Trade: In 2022, Libya exported $70.8M to Egypt. The main products that Libya exported to Egypt were Iron Reductions ($39.4M), Sulphur ($15.7M), and Hot-Rolled Iron ($5.17M). Over the past 5 years the exports of Libya to Egypt have increased at an annualized rate of 6.27%, from $52.2M in 2017 to $70.8M in 2022.

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

Egypt-Libya Trade: In 2022, Egypt exported $960M to Libya. The main products that Egypt exported to Libya were Refined Petroleum ($71.2M), Building Stone ($57.1M), and Unglazed Ceramics ($43.8M). Over the past 5 years the exports of Egypt to Libya have increased at an annualized rate of 17.9%, from $422M in 2017 to $960M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Libya exported $70.8M to Egypt. The main products exported from Libya to Egypt were Iron Reductions ($39.4M), Sulphur ($15.7M), and Hot-Rolled Iron ($5.17M). During the last 5 years the exports of Libya to Egypt have increased at an annualized rate of 6.27%, from $52.2M in 2017 to $70.8M in 2022.

In 2017, Egypt exported $960M to Libya. The main products exported from Egypt to Libya were Refined Petroleum ($71.2M), Building Stone ($57.1M), and Unglazed Ceramics ($43.8M). During the last 5 years the exports of Egypt to Libya have increased at an annualized rate of 17.9%, from $422M in 2022 to $960M in 2017.

Exports from Libya () to Egypt () (2022)

Exports from Egypt () to Libya () (2022)

Latest Data

Trade between Libya () and Egypt ()

Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Egypt
Top DestinationTurkey$4.23B

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

In 2022, countries that imported more from Libya than Egypt included Italy ($9.26B), Germany ($3.32B), and China ($2.52B).

In 2022, countries that imported more from Egypt than Libya included Turkey ($4.23B), Saudi Arabia ($2.35B), and India ($2.57B).

Difference in imports from Egypt () and Libya () (2022)

Comparative Advantage Libya - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Libya had a large net trade with Egypt in the exports of Metals ($50.9M), Mineral Products ($15.7M), and Paper Goods ($4.07M).

During 2017, Egypt had a large net trade with Libya in the exports of Stone And Glass ($137M), Chemical Products ($119M), and Foodstuffs ($118M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Egypt+$5.4MScrap Iron

Top Product Potential Egypt Libya+$54.9MRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Libya () to Egypt () (2022)

Exports from Egypt () to Libya () (2022)

Latest Data

Trade between Libya () and Egypt ()

Egypt Exports

Market Competitiveness

Difference in imports from Egypt () and Libya () (2022)

Comparative Advantage Libya - Egypt

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and Egypt () (2022)

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