Pakistan (PAK) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Pakistan-Libya Trade: In 2023, Pakistan exported $12.9M to Libya. The main products that Pakistan exported to Libya were Awnings, Tents, and Sails ($5.16M), Stone Processing Machines ($777k), and Packaged Medicaments ($654k). Over the past 5 years the exports of Pakistan to Libya have increased at an annualized rate of 35.2%, from $2.85M in 2018 to $12.9M in 2023.

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

Libya-Pakistan Trade: In 2023, Libya exported $6.9M to Pakistan. The main products that Libya exported to Pakistan were Scrap Iron ($3.69M), Scrap Copper ($3.09M), and Wool ($43.6k). Over the past 5 years the exports of Libya to Pakistan have increased at an annualized rate of 10.9%, from $4.11M in 2018 to $6.9M in 2023.

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

Comparison: In 2023, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). That same year, Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Pakistan exported $12.9M to Libya. The main products exported from Pakistan to Libya were Awnings, Tents, and Sails ($5.16M), Stone Processing Machines ($777k), and Packaged Medicaments ($654k). During the last 5 years the exports of Pakistan to Libya have increased at an annualized rate of 35.2%, from $2.85M in 2018 to $12.9M in 2023.

In 2018, Libya exported $6.9M to Pakistan. The main products exported from Libya to Pakistan were Scrap Iron ($3.69M), Scrap Copper ($3.09M), and Wool ($43.6k). During the last 5 years the exports of Libya to Pakistan have increased at an annualized rate of 10.9%, from $4.11M in 2023 to $6.9M in 2018.

Exports from Pakistan () to Libya () (2023)

Exports from Libya () to Pakistan () (2023)

Latest Data

Trade between Pakistan () and Libya ()

Pakistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$5.18B

Libya
Top DestinationItaly$7.96B

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

In 2023, countries that imported more from Pakistan than Libya included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

In 2023, countries that imported more from Libya than Pakistan included Italy ($7.96B), Germany ($5.16B), and Greece ($2.2B).

Difference in imports from Libya () and Pakistan () (2023)

Comparative Advantage Pakistan - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Pakistan had a large net trade with Libya in the exports of Textiles ($6.98M), Chemical Products ($1.84M), and Vegetable Products ($992k).

During 2018, Libya had a large net trade with Pakistan in the exports of Metals ($6.81M), Textiles ($43.6k), and Animal Hides ($41.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Pakistan Libya+$570kPackaged Medicaments

Top Product Potential Libya Pakistan+$9.85MRefined 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

Year

This visualization shows the product space at the HS4 level with the flags of Pakistan and Libya. This means that a dot/product with the flag of Pakistan indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Pakistan.

About

Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Libya () (2023)

Exports from Libya () to Pakistan () (2023)

Latest Data

Trade between Pakistan () and Libya ()

Pakistan Exports

Market Competitiveness

Difference in imports from Libya () and Pakistan () (2023)

Comparative Advantage Pakistan - Libya

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Pakistan () and Libya () (2023)

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