2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$6,173CURRENT US$
Rnk 112 / 196
2013-2023
Flag
GDP PC GROWTH
-48.4%CURRENT US$
Rnk 193 / 195

About

Philippines-Libya Trade: In 2023, Philippines exported $219k to Libya. The main products that Philippines exported to Libya were Shaving Products ($94.2k), Base Metal Watches ($94.1k), and Basketwork ($23.3k). Over the past 5 years the exports of Philippines to Libya have increased at an annualized rate of 211%, from $749 in 2018 to $219k in 2023.

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

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

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

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). 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
Value

In 2023, Philippines exported $219k to Libya. The main products exported from Philippines to Libya were Shaving Products ($94.2k), Base Metal Watches ($94.1k), and Basketwork ($23.3k). During the last 5 years the exports of Philippines to Libya have increased at an annualized rate of 211%, from $749 in 2018 to $219k in 2023.

Libya does not register exports to Philippines.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Libya
Top Destination
Italy$7.96B

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

In 2023, countries that imported more from Philippines than Libya included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from Libya than Philippines included Italy ($7.96B), Spain ($3.08B), and Greece ($2.2B).

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

Comparative Advantage Philippines - Libya

Flow
Scale

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

During 2023, Philippines had a large net trade with Libya in the exports of Instruments ($95.6k), Chemical Products ($94.2k), and Wood Products ($23.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Libya+$4.04kRefined Petroleum
Top Product Potential Libya Philippines+$5.76kCrude 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 Philippines and Libya. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Philippines.

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

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