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Pricing

2022
Flag → Flag
Exports $155MRnk 63 / 168
2022
Flag → Flag
Top Product $132MSoybean Meal
2022
Flag → Flag
Exports $211Rnk 72 / 79
2022
Flag → Flag
Top Product $195Broadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
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GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$6,716CURRENT US$
Rnk 97 / 186
2012-2022
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GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186

About

Argentina-Libya Trade: In 2022, Argentina exported $155M to Libya. The main products that Argentina exported to Libya were Soybean Meal ($132M), Corn ($20.8M), and Crustaceans ($1.11M). Over the past 6 years the exports of Argentina to Libya have increased at an annualized rate of 15.1%, from $67M in 2016 to $155M in 2022.

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

Libya-Argentina Trade: In 2022, Libya exported $211 to Argentina. The main products that Libya exported to Argentina were Broadcasting Equipment ($195) and Precious Stones ($16). Over the past 6 years the exports of Libya to Argentina have decreased at an annualized rate of 75%,  from $3.5M in 2016 to $211 in 2022.

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

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). 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
Value

In 2022, Argentina exported $155M to Libya. The main products exported from Argentina to Libya were Soybean Meal ($132M), Corn ($20.8M), and Crustaceans ($1.11M). During the last 6 years the exports of Argentina to Libya have increased at an annualized rate of 15.1%, from $67M in 2016 to $155M in 2022.

In 2017, Libya exported $211 to Argentina. The main products exported from Libya to Argentina were Broadcasting Equipment ($195) and Precious Stones ($16). During the last 5 years the exports of Libya to Argentina have decreased at an annualized rate of 75%, from $3.5M in 2022 to $211 in 2017.

Exports from Argentina (Flag) to Libya (Flag) (2022)

Exports from Libya (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Libya (Flag)

Argentina Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Argentina than Libya included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

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

Difference in imports from Libya (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Libya

Flow
Scale

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

During 2022, Argentina had a large net trade with Libya in the exports of Foodstuffs ($132M), Vegetable Products ($21.1M), and Animal Products ($2.2M).

During 2017, Libya had a large net trade with Argentina in the exports of Machines ($195) and Precious Metals ($16).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Libya+$5.34kRefined Petroleum
Top Product Potential Libya Argentina+$5.86kPetroleum Gas

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 Argentina and Libya. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Libya (Flag) (2022)

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