2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
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 GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
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2022
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GDP PC 
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%CURRENT US$
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2022
Flag
GDP PC
$6,716CURRENT US$
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2012-2022
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GDP PC GROWTH
-57.4%CURRENT US$
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About

Chile-Libya Trade: In 2022, Chile exported $2.39M to Libya. The main products that Chile exported to Libya were Apples and Pears ($929k), Grapes ($693k), and Other Nuts ($389k). Over the past 5 years the exports of Chile to Libya have increased at an annualized rate of 7.89%, from $1.64M in 2017 to $2.39M in 2022.

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

Libya-Chile Trade: In 2022, Libya exported $273 to Chile. The main products that Libya exported to Chile were N/A. Over the past 5 years the exports of Libya to Chile have decreased at an annualized rate of 18.1%,  from $741 in 2017 to $273 in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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, Chile exported $2.39M to Libya. The main products exported from Chile to Libya were Apples and Pears ($929k), Grapes ($693k), and Other Nuts ($389k). During the last 5 years the exports of Chile to Libya have increased at an annualized rate of 7.89%, from $1.64M in 2017 to $2.39M in 2022.

In 2015, Libya exported $273 to Chile. There were not main exports from Libya to Chile in 2015. During the last 5 years the exports of Libya to Chile have decreased at an annualized rate of 18.1%, from $741 in 2020 to $273 in 2015.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Libya
Top Destination
Italy$9.26B

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

In 2022, countries that imported more from Chile than Libya included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

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

Comparative Advantage Chile - Libya

Flow
Scale

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

During 2022, Chile had a large net trade with Libya in the exports of Vegetable Products ($2.39M).

During 2015, Libya had a large net trade with Chile in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Libya+$542kApples and Pears
Top Product Potential Libya Chile+$8.47kCrude 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 Chile and Libya. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Chile.

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

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