Czechia (CZE) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Czechia-Libya Trade: In 2023, Czechia exported $12.1M to Libya. The main products that Czechia exported to Libya were Iron Structures ($2.54M), Interior Decorative Glassware ($1.28M), and Insulated Wire ($989k). Over the past 5 years the exports of Czechia to Libya have increased at an annualized rate of 15.3%, from $5.95M in 2018 to $12.1M in 2023.

In 2023, Czechia did not export any services to Libya.

Libya-Czechia Trade: In 2023, Libya exported $1.09M to Czechia. The main products that Libya exported to Czechia were Iron Reductions ($1.07M), Precious Stones ($13.6k), and Navigation Equipment ($3.19k). Over the past 5 years the exports of Libya to Czechia have decreased at an annualized rate of 52%, from $42.8M in 2018 to $1.09M in 2023.

In 2023, Libya did not export any services to Czechia.

Comparison: In 2023, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Czechia exported $12.1M to Libya. The main products exported from Czechia to Libya were Iron Structures ($2.54M), Interior Decorative Glassware ($1.28M), and Insulated Wire ($989k). During the last 5 years the exports of Czechia to Libya have increased at an annualized rate of 15.3%, from $5.95M in 2018 to $12.1M in 2023.

In 2018, Libya exported $1.09M to Czechia. The main products exported from Libya to Czechia were Iron Reductions ($1.07M), Precious Stones ($13.6k), and Navigation Equipment ($3.19k). During the last 5 years the exports of Libya to Czechia have decreased at an annualized rate of 52%, from $42.8M in 2023 to $1.09M in 2018.

Exports from Czechia () to Libya () (2023)

Exports from Libya () to Czechia () (2023)

Latest Data

Trade between Czechia () and Libya ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Libya
Top DestinationItaly$7.96B

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

In 2023, countries that imported more from Czechia than Libya included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Libya than Czechia included Greece ($2.2B), Thailand ($1.26B), and United Arab Emirates ($1.85B).

Difference in imports from Libya () and Czechia () (2023)

Comparative Advantage Czechia - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Libya in the exports of Machines ($4.38M), Metals ($2.57M), and Stone And Glass ($1.53M).

During 2018, Libya had a large net trade with Czechia in the exports of Metals ($1.07M), Precious Metals ($13.6k), and Machines ($3.66k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Libya+$1.7MComputers

Top Product Potential Libya Czechia+$60.8MCrude 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Libya () (2023)

Exports from Libya () to Czechia () (2023)

Latest Data

Trade between Czechia () and Libya ()

Czechia Exports

Market Competitiveness

Difference in imports from Libya () and Czechia () (2023)

Comparative Advantage Czechia - Libya

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Czechia () and Libya () (2023)

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