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2023
Flag → Flag
Exports $1.27BRnk 10 / 89
2023
Flag → Flag
Top Product $1.25BCrude Petroleum
2023
Flag → Flag
Exports $356MRnk 82 / 224
2023
Flag → Flag
Top Product $46.5MMalt Extract
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 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$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Libya-Netherlands Trade: In 2023, Libya exported $1.27B to Netherlands. The main products that Libya exported to Netherlands were Crude Petroleum ($1.25B), Refined Petroleum ($24.4M), and Broadcasting Equipment ($87k). Over the past 5 years the exports of Libya to Netherlands have increased at an annualized rate of 12%, from $721M in 2018 to $1.27B in 2023.

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

Netherlands-Libya Trade: In 2023, Netherlands exported $356M to Libya. The main products that Netherlands exported to Libya were Malt Extract ($46.5M), Concentrated Milk ($38.7M), and Gas Turbines ($36M). Over the past 5 years the exports of Netherlands to Libya have decreased at an annualized rate of 1.03%,  from $386M in 2018 to $356M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Libya exported $1.27B to Netherlands. The main products exported from Libya to Netherlands were Crude Petroleum ($1.25B), Refined Petroleum ($24.4M), and Broadcasting Equipment ($87k). During the last 5 years the exports of Libya to Netherlands have increased at an annualized rate of 12%, from $721M in 2018 to $1.27B in 2023.

In 2018, Netherlands exported $356M to Libya. The main products exported from Netherlands to Libya were Malt Extract ($46.5M), Concentrated Milk ($38.7M), and Gas Turbines ($36M). During the last 5 years the exports of Netherlands to Libya have decreased at an annualized rate of 1.03%, from $386M in 2023 to $356M in 2018.

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

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

Latest Data

Trade between Libya (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$7.96B
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Libya than Netherlands included Thailand ($1.26B).

In 2023, countries that imported more from Netherlands than Libya included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Libya - Netherlands

Flow
Scale

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

During 2023, Libya had a large net trade with Netherlands in the exports of Mineral Products ($1.27B), Machines ($102k), and Transportation ($69.1k).

During 2018, Netherlands had a large net trade with Libya in the exports of Machines ($82M), Animal Products ($77M), and Foodstuffs ($69.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Netherlands+$287MCrude Petroleum
Top Product Potential Netherlands Libya+$77.6MRefined Petroleum

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

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

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