Flag Libya / Greece Flag

2020
FlagFlag
Exports
: $52.6M, Rnk 16 / 81

2020
FlagFlag
Top Product
: $51.5M, Crude Petroleum

2020
FlagFlag
Exports
: $719M, Rnk 16 / 213

2020
FlagFlag
Top Product
: $656M, Refined Petroleum

2020
Flag
Economic Complexity (ECI)
: ECI -1.29, Rnk 118 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.26, Rnk 49 / 127

2020
Flag  
GDP
: $52.3B, CURRENT US$
Rnk 87 / 204

2010-2020
Flag
GDP GROWTH
: -30.6%, CURRENT US$
Rnk 195 / 204

2020
Flag
 GDP
: $189B, CURRENT US$
Rnk 51 / 204

2010-2020
Flag
GDP GROWTH
: -36.4%, CURRENT US$
Rnk 200 / 204

2020
Flag
GDP PC 
: $7,614, CURRENT US$
Rnk 92 / 204

2010-2020
Flag
GDP PC GROWTH
: -37.4%, CURRENT US$
Rnk 195 / 204

2020
Flag
GDP PC
: $17,647, CURRENT US$
Rnk 58 / 204

2010-2020
Flag
GDP PC GROWTH
: -33.9%, CURRENT US$
Rnk 193 / 204

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

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

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.

Greece Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

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

#permalink to section
Flow
Scale

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

#permalink to section

Competitive Landscape

#permalink to section

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.