Flag Turkey / Libya Flag

2019
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Exports
: $2.07B, Rnk 24 / 213

2019
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Top Product
: $253M, Jewellery

2019
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Exports
: $465M, Rnk 10 / 75

2019
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Top Product
: $219M, Gold

2019
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Economic Complexity (ECI)
: ECI 0.65, Rnk 40 / 146

2019
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Economic Complexity (ECI)
: ECI -1.3, Rnk 135 / 146

2019
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GDP
: $761B, CURRENT US$
Rnk 19 / 187

2009-2019
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 153 / 187

2019
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 GDP
: $52.1B, CURRENT US$
Rnk 85 / 187

2009-2019
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GDP GROWTH
: -17.4%, CURRENT US$
Rnk 184 / 187

2019
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GDP PC 
: $9,127, CURRENT US$
Rnk 77 / 187

2009-2019
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GDP PC GROWTH
: 0.25%, CURRENT US$
Rnk 159 / 187

2019
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GDP PC
: $7,686, CURRENT US$
Rnk 86 / 187

2009-2019
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GDP PC GROWTH
: -25.2%, CURRENT US$
Rnk 183 / 187

Turkey-Libya In 2019, Turkey exported $2.07B to Libya. The main products that Turkey exported to Libya are Jewellery ($253M), Other Furniture ($160M), and Hand-Woven Rugs ($84.7M). During the last 24 years the exports of Turkey to Libya have increased at an annualized rate of 9.42%, from $238M in 1995 to $2.07B in 2019.

In 2019, Turkey did not export any services to Libya.

Libya-Turkey In 2019, Libya exported $465M to Turkey . The main products that Libya exported to Turkey were Gold ($219M), Scrap Iron ($76.2M), and Scrap Copper ($55.8M). During the last 24 years the exports of Libya to Turkey have increased at an annualized rate of 1.31%, from $340M in 1995 to $465M in 2019.

In 2019, Libya did not export any services to Turkey.

Comparison In 2019,  Turkey ranked 40 in the Economic Complexity Index (ECI 0.65), and 29 in total exports ($187B). That same year, Libya ranked 135 in the Economic Complexity Index (ECI -1.3), and 68 in total exports ($26.3B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Turkey exported $2.07B to Libya. The main products exported from Turkey to Libya were Jewellery ($253M), Other Furniture ($160M), and Hand-Woven Rugs ($84.7M). During the last 24 years the exports of Turkey to Libya have increased at an annualized rate of 9.42%, from $238M in 1995 to $2.07B in 2019.

In 2019, Libya exported $465M to Turkey. The main products exported from Libya to Turkey were Gold ($219M), Scrap Iron ($76.2M), and Scrap Copper ($55.8M). During the last 24 years the exports of Libya to Turkey have increased at an annualized rate of 1.31%, from $340M in 1995 to $465M in 2019.

Turkey Exports

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Market Competitiveness

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Measure

Turkey
Top Destination
: Germany, $16.8B

Libya
Top Destination
: Italy, $4.77B

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

In 2019, countries that imported more from Turkey than Libya were Germany ($16.8B), United Kingdom ($12.1B), and Iraq ($10.2B).

In 2019, countries that imported more from Libya than Turkey were China ($4.21B).

Comparative Advantage Turkey - Libya

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Depth

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

During 2019, Turkey had a large net trade with Libya in the exports of Textiles ($370M), Precious Metals ($254M), and Machines ($226M).

During 2019, Libya had a large net trade with Turkey in the exports of Precious Metals ($221M), Metals ($173M), and Mineral Products ($54.5M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Libya. Similarly, the more red a dot/product is, the more Libya has comparative advantage over Turkey.