2023
Flag  
GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
 GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
GDP PC 
$5,364CURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195
2023
Flag
GDP PC
$6,173CURRENT US$
Rnk 112 / 196
2013-2023
Flag
GDP PC GROWTH
-48.4%CURRENT US$
Rnk 193 / 195

About

Algeria-Libya Trade: In 2019, Algeria exported $29M to Libya. The main products that Algeria exported to Libya were N/A. Over the past 5 years the exports of Algeria to Libya have decreased at an annualized rate of 4.44%, from $36.4M in 2014 to $29M in 2019.

In 2019, Algeria did not export any services to Libya.

Libya-Algeria Trade: In 2019, Libya exported $7.14M to Algeria. The main products that Libya exported to Algeria were N/A. Over the past 5 years the exports of Libya to Algeria have decreased at an annualized rate of 53.2%,  from $317M in 2014 to $7.14M in 2019.

In 2019, Libya did not export any services to Algeria.

Comparison: In 2023,  Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). 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
Value

In 2019, Algeria exported $29M to Libya. There were not main exports from Algeria to Libya in 2019. During the last 5 years the exports of Algeria to Libya have decreased at an annualized rate of 4.44%, from $36.4M in 2014 to $29M in 2019.

In 2013, Libya exported $7.14M to Algeria. There were not main exports from Libya to Algeria in 2013. During the last 5 years the exports of Libya to Algeria have decreased at an annualized rate of 53.2%, from $317M in 2018 to $7.14M in 2013.

Exports from Algeria (Flag) to Libya (Flag) (2019)

Exports from Libya (Flag) to Algeria (Flag) (2019)

Latest Data

Trade between Algeria (Flag) and Libya (Flag)

Algeria Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$15.2B
Libya
Top Destination
Italy$7.96B

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

In 2023, countries that imported more from Algeria than Libya included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

In 2023, countries that imported more from Libya than Algeria included Germany ($5.16B), United Arab Emirates ($1.85B), and Greece ($2.2B).

Difference in imports from Libya (Flag) and Algeria (Flag) (2023)

Comparative Advantage Algeria - Libya

Flow
Scale

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

During 2019, Algeria had a large net trade with Libya in the exports of .

During 2013, Libya had a large net trade with Algeria in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Libya+$10.8kRefined Petroleum
Top Product Potential Libya Algeria+$5.52kPetroleum 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 Algeria and Libya. This means that a dot/product with the flag of Algeria indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Algeria.

Product Space of Algeria (Flag) and Libya (Flag) (2019)

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