Flag Turkey / Libya Flag

2020
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Exports
: $1.65B, Rnk 25 / 215

2020
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Top Product
: $110M, Jewellery

2020
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Exports
: $1.65B, Rnk 2 / 81

2020
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Economic Complexity (ECI)
: ECI 0.58, Rnk 38 / 127

2020
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Economic Complexity (ECI)
: ECI -1.29, Rnk 118 / 127

2020
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GDP
: $720B, CURRENT US$
Rnk 19 / 195

2010-2020
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GDP GROWTH
: -7.34%, CURRENT US$
Rnk 170 / 195

2020
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 GDP
: $25.4B, CURRENT US$
Rnk 102 / 195

2010-2020
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GDP GROWTH
: -66%, CURRENT US$
Rnk 195 / 195

2020
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GDP PC 
: $8,536, CURRENT US$
Rnk 79 / 195

2010-2020
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GDP PC GROWTH
: -20.5%, CURRENT US$
Rnk 171 / 195

2020
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GDP PC
: $3,699, CURRENT US$
Rnk 124 / 195

2010-2020
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GDP PC GROWTH
: -69.3%, CURRENT US$
Rnk 195 / 195

Turkey-Libya In 2020, Turkey exported $1.65B to Libya. The main products that Turkey exported to Libya are Jewellery ($110M), Other Furniture ($104M), and Seed Oils ($49.2M). During the last 25 years the exports of Turkey to Libya have increased at an annualized rate of 8.05%, from $238M in 1995 to $1.65B in 2020.

In 2020, Turkey did not export any services to Libya.

Libya-Turkey In 2020, Libya exported $1.65B to Turkey . The main products that Libya exported to Turkey were N/A. During the last 25 years the exports of Libya to Turkey have increased at an annualized rate of 6.54%, from $338M in 1995 to $1.65B in 2020.

In 2020, Libya did not export any services to Turkey.

Comparison In 2020,  Turkey ranked 38 in the Economic Complexity Index (ECI 0.58), and 29 in total exports ($177B). That same year, Libya ranked 118 in the Economic Complexity Index (ECI -1.29), and 93 in total exports ($8.4B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Turkey exported $1.65B to Libya. The main products exported from Turkey to Libya were Jewellery ($110M), Other Furniture ($104M), and Seed Oils ($49.2M). During the last 25 years the exports of Turkey to Libya have increased at an annualized rate of 8.05%, from $238M in 1995 to $1.65B in 2020.

In 2020, Libya exported $1.65B to Turkey. There were not main exports from Libya to Turkey in 2020. During the last 25 years the exports of Libya to Turkey have increased at an annualized rate of 6.54%, from $338M in 1995 to $1.65B in 2020.

Turkey Exports

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Market Competitiveness

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Measure

Turkey
Top Destination
: Germany, $16.3B

Libya
Top Destination
: Italy, $1.77B

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 ($16.3B), United Kingdom ($12.7B), and United States ($10.3B).

In 2019, no countries were registered that imported more from Libya than from Turkey.

Comparative Advantage Turkey - Libya

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Flow

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

During 2020, Turkey had a large net trade with Libya in the exports of Textiles ($237M), Machines ($177M), and Miscellaneous ($155M).

During 2020, Libya had a large net trade with Turkey in the exports of Precious Metals ($1.32B), Metals ($294M), and Mineral Products ($21.4M).

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 yellow.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Libya. Similarly, the more yellow a dot/product is, the more Libya has comparative advantage over Turkey.