2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP
$51BCURRENT US$
Rnk 90 / 195
2013-2023
Flag
GDP GROWTH
47.9%CURRENT US$
Rnk 78 / 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
$4,456CURRENT US$
Rnk 126 / 196
2013-2023
Flag
GDP PC GROWTH
3.35%CURRENT US$
Rnk 148 / 195

About

Libya-Jordan Trade: In 2023, Libya exported $530k to Jordan. The main products that Libya exported to Jordan were Fruit Juice ($447k), Flavored Water ($58.4k), and Bells and Other Metal Ornaments ($21.1k). Over the past 5 years the exports of Libya to Jordan have increased at an annualized rate of 113%, from $12k in 2018 to $530k in 2023.

In 2023, Libya did not export any services to Jordan.

Jordan-Libya Trade: In 2023, Jordan exported $91.6M to Libya. The main products that Jordan exported to Libya were Cleaning Products ($40.4M), Packaged Medicaments ($16.1M), and Unpackaged Medicaments ($4.86M). Over the past 5 years the exports of Jordan to Libya have increased at an annualized rate of 18.9%,  from $38.5M in 2018 to $91.6M in 2023.

In 2023, Jordan 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, Jordan ranked 64 in the Economic Complexity Index (ECI -0.015), and 88 in total exports ($14.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Libya exported $530k to Jordan. The main products exported from Libya to Jordan were Fruit Juice ($447k), Flavored Water ($58.4k), and Bells and Other Metal Ornaments ($21.1k). During the last 5 years the exports of Libya to Jordan have increased at an annualized rate of 113%, from $12k in 2018 to $530k in 2023.

In 2018, Jordan exported $91.6M to Libya. The main products exported from Jordan to Libya were Cleaning Products ($40.4M), Packaged Medicaments ($16.1M), and Unpackaged Medicaments ($4.86M). During the last 5 years the exports of Jordan to Libya have increased at an annualized rate of 18.9%, from $38.5M in 2023 to $91.6M in 2018.

Exports from Libya (Flag) to Jordan (Flag) (2023)

Exports from Jordan (Flag) to Libya (Flag) (2023)

Latest Data

Trade between Libya (Flag) and Jordan (Flag)

Jordan Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$7.96B
Jordan
Top Destination
United States$3.14B

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

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

In 2023, countries that imported more from Jordan than Libya included Saudi Arabia ($1.67B), United States ($3.14B), and India ($1.92B).

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

Comparative Advantage Libya - Jordan

Flow
Scale

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

During 2023, Libya had a large net trade with Jordan in the exports of Foodstuffs ($505k), Metals ($21.1k), and Textiles ($2k).

During 2018, Jordan had a large net trade with Libya in the exports of Chemical Products ($70M), Foodstuffs ($13.2M), and Textiles ($2.14M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Jordan+$9.39kCrude Petroleum
Top Product Potential Jordan Libya+$1.52MPackaged Medicaments

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

Product Space of Libya (Flag) and Jordan (Flag) (2023)

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