Libya / South Korea

Libya-South Korea Trade: In 2022, Libya exported $82.7M to South Korea. The main products that Libya exported to South Korea were Passenger and Cargo Ships ($54.8M), Refined Petroleum ($16.7M), and Fish Fillets ($5.4M). Over the past 5 years the exports of Libya to South Korea have decreased at an annualized rate of 9.73%, from $138M in 2017 to $82.7M in 2022.

In 2022, Libya did not export any services to South Korea.

South Korea-Libya Trade: In 2022, South Korea exported $367M to Libya. The main products that South Korea exported to Libya were Cars ($169M), Motor vehicles; parts and accessories (8701 to 8705) ($54M), and Electric Batteries ($21M). Over the past 5 years the exports of South Korea to Libya have increased at an annualized rate of 5.56%,  from $280M in 2017 to $367M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).