2023
Flag  
GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
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GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
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 GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
2023
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GDP PC 
$1,272CURRENT US$
Rnk 172 / 195
2013-2023
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GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC
$6,173CURRENT US$
Rnk 112 / 196
2013-2023
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GDP PC GROWTH
-48.4%CURRENT US$
Rnk 193 / 195

About

Ethiopia-Libya Trade: In 2023, Ethiopia exported $1.32M to Libya. The main products that Ethiopia exported to Libya were Other Animals ($1.32M). Over the past 5 years the exports of Ethiopia to Libya have increased at an annualized rate of 48.8%, from $181k in 2018 to $1.32M in 2023.

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

Libya-Ethiopia Trade: In 2023, Libya exported $167 to Ethiopia. The main products that Libya exported to Ethiopia were Knit T-shirts ($80), Non-Knit Men's Suits ($28), and Textile Footwear ($28). Over the past 5 years the exports of Libya to Ethiopia have decreased at an annualized rate of 80.9%,  from $663k in 2018 to $167 in 2023.

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

Comparison: In 2023,  Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). 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 2023, Ethiopia exported $1.32M to Libya. The main products exported from Ethiopia to Libya were Other Animals ($1.32M). During the last 5 years the exports of Ethiopia to Libya have increased at an annualized rate of 48.8%, from $181k in 2018 to $1.32M in 2023.

In 2018, Libya exported $167 to Ethiopia. The main products exported from Libya to Ethiopia were Knit T-shirts ($80), Non-Knit Men's Suits ($28), and Textile Footwear ($28). During the last 5 years the exports of Libya to Ethiopia have decreased at an annualized rate of 80.9%, from $663k in 2023 to $167 in 2018.

Exports from Ethiopia (Flag) to Libya (Flag) (2023)

Exports from Libya (Flag) to Ethiopia (Flag) (2023)

Latest Data

Trade between Ethiopia (Flag) and Libya (Flag)

Ethiopia Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Libya
Top Destination
Italy$7.96B

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

In 2023, countries that imported more from Ethiopia than Libya included Saudi Arabia ($304M), Djibouti ($155M), and Somalia ($142M).

In 2023, countries that imported more from Libya than Ethiopia included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

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

Comparative Advantage Ethiopia - Libya

Flow
Scale

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

During 2023, Ethiopia had a large net trade with Libya in the exports of Animal Products ($1.32M).

During 2018, Libya had a large net trade with Ethiopia in the exports of Textiles ($125), Footwear and Headwear ($28), and Paper Goods ($9).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Libya+$719kCoffee
Top Product Potential Libya Ethiopia+$4.13kRefined 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 Ethiopia and Libya. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Ethiopia.

Product Space of Ethiopia (Flag) and Libya (Flag) (2023)

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