2022
Flag  
GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 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
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

In N/A, Libya did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Libya Trade: In N/A, Trinidad and Tobago exported $9.59k to Libya. The main products that Trinidad and Tobago exported to Libya were N/A. Over the past N/A years the exports of Trinidad and Tobago to Libya have decreased at an annualized rate of 35.9%,  from $88.5k in N/A to $9.59k in N/A.

In N/A, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Libya does not register exports to Trinidad and Tobago.

In 2013, Trinidad and Tobago exported $9.59k to Libya. There were not main exports from Trinidad and Tobago to Libya in 2013. During the last 5 years the exports of Trinidad and Tobago to Libya have decreased at an annualized rate of 35.9%, from $88.5k in 2018 to $9.59k in 2013.

Exports from Libya (Flag) to Trinidad and Tobago (Flag) (2018)

Exports from Trinidad and Tobago (Flag) to Libya (Flag) (2018)

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Trinidad and Tobago
Top Destination
United States$4.91B

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

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

In 2022, countries that imported more from Trinidad and Tobago than Libya included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Libya (Flag) (2022)

Comparative Advantage Libya - Trinidad and Tobago

Flow
Scale

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

During 2013, Trinidad and Tobago had a large net trade with Libya in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Trinidad and Tobago+$3.01kRefined Petroleum
Top Product Potential Trinidad and Tobago Libya+$2.88kRefined 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 Trinidad and Tobago. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Trinidad and Tobago. Similarly, a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and Trinidad and Tobago (Flag) (2018)

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