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2016
Flag → Flag
Exports $47.9kRnk 160 / 0
2016
Flag → Flag
Exports $4.46MRnk 46 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC $6,173CURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

Libya-Guinea Trade: In 2016, Libya exported $47.9k to Guinea. The main products that Libya exported to Guinea were N/A. Over the past 10 years the exports of Libya to Guinea have increased at an annualized rate of 22.8%, from $6.14k in 2006 to $47.9k in 2016.

In 2016, Libya did not export any services to Guinea.

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

In 2016, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Libya exported $47.9k to Guinea. There were not main exports from Libya to Guinea in 2016. During the last 10 years the exports of Libya to Guinea have increased at an annualized rate of 22.8%, from $6.14k in 2006 to $47.9k in 2016.

Guinea does not register exports to Libya.

Exports from Libya (Flag) to Guinea (Flag) (2016)

Exports from Guinea (Flag) to Libya (Flag) (2016)

Market Competitiveness

Color
Libya
Top DestinationItaly$7.96B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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

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

In 2023, countries that imported more from Guinea than Libya included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

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

Comparative Advantage Libya - Guinea

Flow
Scale

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

During 2016, Libya had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Guinea+$3.03kRefined Petroleum
Top Product Potential Guinea Libya+$3.25kGold

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

Product Space of Libya (Flag) and Guinea (Flag) (2016)

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