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Pricing

2022
Flag → Flag
Exports $2.27MRnk 42 / 79
2022
Flag → Flag
Top Product $2.2MRefined Petroleum
2022
Flag → Flag
Exports $4.64kRnk 9 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 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$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 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$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Libya-Senegal Trade: In 2022, Libya exported $2.27M to Senegal. The main products that Libya exported to Senegal were Refined Petroleum ($2.2M), Machinery Having Individual Functions ($43.8k), and Excavation Machinery ($14.5k). Over the past 5 years the exports of Libya to Senegal have decreased at an annualized rate of 15.3%, from $5.22M in 2017 to $2.27M in 2022.

In 2022, Libya did not export any services to Senegal.

Senegal-Libya Trade: In 2022, Senegal exported $4.64k to Libya. The main products that Senegal exported to Libya were N/A. Over the past 5 years the exports of Senegal to Libya have decreased at an annualized rate of 56.5%,  from $298k in 2017 to $4.64k in 2022.

In 2022, Senegal 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, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $2.27M to Senegal. The main products exported from Libya to Senegal were Refined Petroleum ($2.2M), Machinery Having Individual Functions ($43.8k), and Excavation Machinery ($14.5k). During the last 5 years the exports of Libya to Senegal have decreased at an annualized rate of 15.3%, from $5.22M in 2017 to $2.27M in 2022.

In 2015, Senegal exported $4.64k to Libya. There were not main exports from Senegal to Libya in 2015. During the last 5 years the exports of Senegal to Libya have decreased at an annualized rate of 56.5%, from $298k in 2020 to $4.64k in 2015.

Exports from Libya (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Libya (Flag) (2022)

Latest Data

Trade between Libya (Flag) and Senegal (Flag)

Senegal Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Libya than Senegal included Italy ($9.26B), Germany ($3.32B), and Spain ($3.48B).

In 2022, countries that imported more from Senegal than Libya included Mali ($1.13B), Switzerland ($662M), and India ($1B).

Difference in imports from Senegal (Flag) and Libya (Flag) (2022)

Comparative Advantage Libya - Senegal

Flow
Scale

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

During 2022, Libya had a large net trade with Senegal in the exports of Mineral Products ($2.2M), Machines ($58.3k), and Plastics and Rubbers ($6.69k).

During 2015, Senegal had a large net trade with Libya in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Senegal+$2.11MRefined Petroleum
Top Product Potential Senegal Libya+$5.37kRefined 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 Senegal. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and Senegal (Flag) (2022)

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