Libya (LBY) and Greece (GRC) Trade | OEC - The Observatory of Economic Complexity

About

Libya-Greece In 2020, Libya exported $52.6M to Greece. The main products that Libya exported to Greece are Crude Petroleum ($51.5M), Petroleum Gas ($1.09M), and Special Pharmaceuticals ($30.2k). During the last 25 years the exports of Libya to Greece have decreased at an annualized rate of 3.83%, from $139M in 1995 to $52.6M in 2020.

In 2020, Libya did not export any services to Greece.

Greece-Libya In 2020, Greece exported $719M to Libya. The main products that Greece exported to Libya were Refined Petroleum ($656M), Rolled Tobacco ($35.7M), and Toilet Paper ($4.4M). During the last 25 years the exports of Greece to Libya have increased at an annualized rate of 12.8%, from $35.2M in 1995 to $719M in 2020.

In 2020, Greece did not export any services to Libya.

Comparison In 2020, Libya ranked 118 in the Economic Complexity Index (ECI -1.29), and 93 in total exports ($8.4B). That same year, Greece ranked 49 in the Economic Complexity Index (ECI 0.26), and 56 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2020, Libya exported $52.6M to Greece. The main products exported from Libya to Greece were Crude Petroleum ($51.5M), Petroleum Gas ($1.09M), and Special Pharmaceuticals ($30.2k). During the last 25 years the exports of Libya to Greece have decreased at an annualized rate of 3.83%, from $139M in 1995 to $52.6M in 2020.

In 2020, Greece exported $719M to Libya. The main products exported from Greece to Libya were Refined Petroleum ($656M), Rolled Tobacco ($35.7M), and Toilet Paper ($4.4M). During the last 25 years the exports of Greece to Libya have increased at an annualized rate of 12.8%, from $35.2M in 1995 to $719M in 2020.

Latest Data

Greece Exports

Date

Market Competitiveness

Measure

SectionYear

Libya
Top Destination: Italy, $1.77B

Greece
Top Destination: Italy, $3.39B

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

In 2019, countries that imported more from Libya than Greece were United Arab Emirates ($887M), Thailand ($291M), and Turkey ($1.65B).

In 2019, countries that imported more from Greece than Libya were Cyprus ($2B), Germany ($2.62B), and Bulgaria ($1.71B).

Comparative Advantage Libya - Greece

Flow

Scale

Year

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

During 2020, Libya had a large net trade with Greece in the exports of Mineral Products ($52.6M), Chemical Products ($30.2k), and Machines ($7.53k).

During 2020, Greece had a large net trade with Libya in the exports of Mineral Products ($660M), Foodstuffs ($41.8M), and Paper Goods ($5.74M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Libya has comparative advantage over Greece. Similarly, the more yellow a dot/product is, the more Greece has comparative advantage over Libya.

About

Historical Data

Bilateral Trade by Products

Latest Data

Greece Exports

Market Competitiveness

Comparative Advantage Libya - Greece

Economic Complexity

Competitive Landscape

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