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Pricing

2022
Flag → Flag
Exports $2.12kRnk 65 / 79
2022
Flag → Flag
Top Product $1.92kTelephones
2022
Flag → Flag
Exports $9.48MRnk 145 / 198
2022
Flag → Flag
Top Product $3.63MBlank Audio Media
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC $6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186
2022
Flag
GDP PC$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Libya-Hong Kong Trade: In 2022, Libya exported $2.12k to Hong Kong. The main products that Libya exported to Hong Kong were Telephones ($1.92k) and Precious Stones ($194). Over the past 5 years the exports of Libya to Hong Kong have decreased at an annualized rate of 55.6%, from $123k in 2017 to $2.12k in 2022.

In 2022, Libya did not export any services to Hong Kong.

Hong Kong-Libya Trade: In 2022, Hong Kong exported $9.48M to Libya. The main products that Hong Kong exported to Libya were Blank Audio Media ($3.63M), Base Metal Watches ($1.54M), and Broadcasting Equipment ($1.09M). Over the past 5 years the exports of Hong Kong to Libya have increased at an annualized rate of 4.38%,  from $7.65M in 2017 to $9.48M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $2.12k to Hong Kong. The main products exported from Libya to Hong Kong were Telephones ($1.92k) and Precious Stones ($194). During the last 5 years the exports of Libya to Hong Kong have decreased at an annualized rate of 55.6%, from $123k in 2017 to $2.12k in 2022.

In 2017, Hong Kong exported $9.48M to Libya. The main products exported from Hong Kong to Libya were Blank Audio Media ($3.63M), Base Metal Watches ($1.54M), and Broadcasting Equipment ($1.09M). During the last 5 years the exports of Hong Kong to Libya have increased at an annualized rate of 4.38%, from $7.65M in 2022 to $9.48M in 2017.

Exports from Libya (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Libya (Flag) (2022)

Latest Data

Trade between Libya (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Libya than Hong Kong included Italy ($9.26B), Spain ($3.48B), and Greece ($2.25B).

In 2022, countries that imported more from Hong Kong than Libya included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Libya (Flag) (2022)

Comparative Advantage Libya - Hong Kong

Flow
Scale

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

During 2022, Libya had a large net trade with Hong Kong in the exports of Machines ($1.92k) and Precious Metals ($194).

During 2017, Hong Kong had a large net trade with Libya in the exports of Machines ($5.93M), Instruments ($2.42M), and Chemical Products ($507k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Hong Kong+$20.1kTelephones
Top Product Potential Hong Kong Libya+$2.68MTelephones

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

Product Space of Libya (Flag) and Hong Kong (Flag) (2022)

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