2022
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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
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 GDP
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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2022
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GDP PC 
$6,716CURRENT US$
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2012-2022
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GDP PC GROWTH
-57.4%CURRENT US$
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2022
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GDP PC
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
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About

Libya-Greece In 2022, Libya exported $2.25B to Greece. The main products that Libya exported to Greece are Crude Petroleum ($2.2B), Scrap Iron ($27.3M), and Refined Petroleum ($17.4M). During the last 27 years the exports of Libya to Greece have increased at an annualized rate of 10.8%, from $141M in 1995 to $2.25B in 2022.

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

Greece-Libya In 2022, Greece exported $1.95B to Libya. The main products that Greece exported to Libya were Refined Petroleum ($1.85B), Rolled Tobacco ($42M), and Petroleum Coke ($8.44M). During the last 27 years the exports of Greece to Libya have increased at an annualized rate of 16%, from $35.2M in 1995 to $1.95B in 2022.

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

Comparison In 2022,  Libya ranked 96 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). That same year, Greece ranked 47 in the Economic Complexity Index (ECI 0.32), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $2.25B to Greece. The main products exported from Libya to Greece were Crude Petroleum ($2.2B), Scrap Iron ($27.3M), and Refined Petroleum ($17.4M). During the last 27 years the exports of Libya to Greece have increased at an annualized rate of 10.8%, from $141M in 1995 to $2.25B in 2022.

In 2022, Greece exported $1.95B to Libya. The main products exported from Greece to Libya were Refined Petroleum ($1.85B), Rolled Tobacco ($42M), and Petroleum Coke ($8.44M). During the last 27 years the exports of Greece to Libya have increased at an annualized rate of 16%, from $35.2M in 1995 to $1.95B in 2022.

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

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

Latest Data

Trade between Libya (Flag) and Greece (Flag)

Greece Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Greece
Top Destination
Italy$5.82B

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 2021, countries that imported more from Libya than Greece were Italy ($9.26B), China ($2.52B), and Thailand ($1.67B).

In 2021, countries that imported more from Greece than Libya were Bulgaria ($3.62B), Cyprus ($2.92B), and Turkey ($2.54B).

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

Comparative Advantage Libya - Greece

Flow
Scale

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

During 2022, Libya had a large net trade with Greece in the exports of Mineral Products ($2.22B), Metals ($31.9M), and Chemical Products ($4.07M).

During 2022, Greece had a large net trade with Libya in the exports of Mineral Products ($1.86B), Foodstuffs ($53.4M), and Chemical Products ($7.89M).

Economic Complexity

Competitive Landscape

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.

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

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