Peru (PER) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Peru-Libya Trade: In 2022, Peru exported $1.44M to Libya. The main products that Peru exported to Libya were Coconuts, Brazil Nuts, and Cashews ($930k), Concentrated Milk ($490k), and Packaged Medicaments ($18.7k). Over the past 5 years the exports of Peru to Libya have increased at an annualized rate of 1.22%, from $1.35M in 2017 to $1.44M in 2022.

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

Libya-Peru In N/A, Libya did not export any products to Peru.

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

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $1.44M to Libya. The main products exported from Peru to Libya were Coconuts, Brazil Nuts, and Cashews ($930k), Concentrated Milk ($490k), and Packaged Medicaments ($18.7k). During the last 5 years the exports of Peru to Libya have increased at an annualized rate of 1.22%, from $1.35M in 2017 to $1.44M in 2022.

Libya does not register exports to Peru. The main products exported from Libya to Peru were Other Rubber Products ($2.28k).

Exports from Peru () to Libya () (2022)

Exports from Libya () to Peru () (2022)

Latest Data

Trade between Peru () and Libya ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Peru than Libya included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Libya than Peru included Italy ($9.26B), Germany ($3.32B), and Greece ($2.25B).

Difference in imports from Libya () and Peru () (2022)

Comparative Advantage Peru - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Libya in the exports of Vegetable Products ($930k), Animal Products ($490k), and Chemical Products ($18.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Libya+$188kConcentrated Milk

Top Product Potential Libya Peru+$7.62kCrude 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 Peru and Libya. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Peru.

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Historical Data

Bilateral Trade by Products

Exports from Peru () to Libya () (2022)

Exports from Libya () to Peru () (2022)

Latest Data

Trade between Peru () and Libya ()

Peru Exports

Market Competitiveness

Difference in imports from Libya () and Peru () (2022)

Comparative Advantage Peru - Libya

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Libya () (2022)

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