2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
Rnk 185 / 186

About

Brazil-Libya Trade: In 2022, Brazil exported $320M to Libya. The main products that Brazil exported to Libya were Poultry Meat ($159M), Iron Ore ($92.5M), and Frozen Bovine Meat ($36.7M). Over the past 5 years the exports of Brazil to Libya have increased at an annualized rate of 15.8%, from $154M in 2017 to $320M in 2022.

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

Libya-Brazil Trade: In 2022, Libya exported $20.2M to Brazil. The main products that Libya exported to Brazil were N/A. Over the past 5 years the exports of Libya to Brazil have increased at an annualized rate of 7.86%,  from $13.8M in 2017 to $20.2M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). 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, Brazil exported $320M to Libya. The main products exported from Brazil to Libya were Poultry Meat ($159M), Iron Ore ($92.5M), and Frozen Bovine Meat ($36.7M). During the last 5 years the exports of Brazil to Libya have increased at an annualized rate of 15.8%, from $154M in 2017 to $320M in 2022.

In 2016, Libya exported $20.2M to Brazil. There were not main exports from Libya to Brazil in 2016. During the last 5 years the exports of Libya to Brazil have increased at an annualized rate of 7.86%, from $13.8M in 2021 to $20.2M in 2016.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Libya
Top Destination
Italy$9.26B

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

In 2022, countries that imported more from Brazil than Libya included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Libya than Brazil included Italy ($9.26B), Greece ($2.25B), and Austria ($674M).

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

Comparative Advantage Brazil - Libya

Flow
Scale

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

During 2022, Brazil had a large net trade with Libya in the exports of Animal Products ($197M), Mineral Products ($92.7M), and Vegetable Products ($16.3M).

During 2016, Libya had a large net trade with Brazil in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Libya+$3.41MCoffee
Top Product Potential Libya Brazil+$11.5kCrude 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Libya. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Brazil.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with