2022
Flag  
GDP
$45.8BCURRENT US$
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2012-2022
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GDP GROWTH
-50.6%CURRENT US$
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2022
Flag
 GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
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2022
Flag
GDP PC 
$6,716CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
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2022
Flag
GDP PC
$40,964CURRENT US$
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2012-2022
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GDP PC GROWTH
0.23%CURRENT US$
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About

Libya-France Trade: In 2022, Libya exported $2.26B to France. The main products that Libya exported to France were Crude Petroleum ($2.22B), Refined Petroleum ($22.7M), and Iron Reductions ($8.73M). Over the past 5 years the exports of Libya to France have increased at an annualized rate of 13.2%, from $1.21B in 2017 to $2.26B in 2022.

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

France-Libya Trade: In 2022, France exported $229M to Libya. The main products that France exported to Libya were Refined Petroleum ($41.3M), Vaccines, blood, antisera, toxins and cultures ($26.1M), and Packaged Medicaments ($25.1M). Over the past 5 years the exports of France to Libya have increased at an annualized rate of 4.46%,  from $184M in 2017 to $229M in 2022.

In 2022, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $2.26B to France. The main products exported from Libya to France were Crude Petroleum ($2.22B), Refined Petroleum ($22.7M), and Iron Reductions ($8.73M). During the last 5 years the exports of Libya to France have increased at an annualized rate of 13.2%, from $1.21B in 2017 to $2.26B in 2022.

In 2017, France exported $229M to Libya. The main products exported from France to Libya were Refined Petroleum ($41.3M), Vaccines, blood, antisera, toxins and cultures ($26.1M), and Packaged Medicaments ($25.1M). During the last 5 years the exports of France to Libya have increased at an annualized rate of 4.46%, from $184M in 2022 to $229M in 2017.

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

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

Latest Data

Trade between Libya (Flag) and France (Flag)

France Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
France
Top Destination
Germany$78.3B

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

In 2022, no countries were registered that imported more from Libya than from France.

In 2022, countries that imported more from France than Libya included Germany ($78.3B), Belgium ($47.8B), and United States ($50B).

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

Comparative Advantage Libya - France

Flow
Scale

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

During 2022, Libya had a large net trade with France in the exports of Mineral Products ($2.25B), Metals ($10.2M), and Machines ($246k).

During 2017, France had a large net trade with Libya in the exports of Chemical Products ($70.9M), Mineral Products ($41.3M), and Foodstuffs ($36M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya France+$139MCrude Petroleum
Top Product Potential France Libya+$33.2MRefined 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

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

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

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