Indonesia (IDN) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Indonesia-Libya Trade: In 2022, Indonesia exported $52.9M to Libya. The main products that Indonesia exported to Libya were Cars ($29.5M), Other Vegetable Oils ($2.97M), and Processed Fish ($2.37M). Over the past 5 years the exports of Indonesia to Libya have increased at an annualized rate of 30.4%, from $14M in 2017 to $52.9M in 2022.

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

Libya-Indonesia Trade: In 2022, Libya exported $623k to Indonesia. The main products that Libya exported to Indonesia were Tropical Fruits ($619k), Transmissions ($1.35k), and Liquid Pumps ($1.05k). Over the past 5 years the exports of Libya to Indonesia have decreased at an annualized rate of 65.9%, from $134M in 2017 to $623k in 2022.

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

Comparison: In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Indonesia exported $52.9M to Libya. The main products exported from Indonesia to Libya were Cars ($29.5M), Other Vegetable Oils ($2.97M), and Processed Fish ($2.37M). During the last 5 years the exports of Indonesia to Libya have increased at an annualized rate of 30.4%, from $14M in 2017 to $52.9M in 2022.

In 2017, Libya exported $623k to Indonesia. The main products exported from Libya to Indonesia were Tropical Fruits ($619k), Transmissions ($1.35k), and Liquid Pumps ($1.05k). During the last 5 years the exports of Libya to Indonesia have decreased at an annualized rate of 65.9%, from $134M in 2022 to $623k in 2017.

Exports from Indonesia () to Libya () (2022)

Exports from Libya () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Libya ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$67.7B

Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Indonesia than Libya included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, countries that imported more from Libya than Indonesia included Italy ($9.26B), Greece ($2.25B), and France ($2.26B).

Difference in imports from Libya () and Indonesia () (2022)

Comparative Advantage Indonesia - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Indonesia had a large net trade with Libya in the exports of Transportation ($30M), Animal and Vegetable Bi-Products ($5.64M), and Foodstuffs ($4.71M).

During 2017, Libya had a large net trade with Indonesia in the exports of Vegetable Products ($619k), Machines ($2.4k), and Plastics and Rubbers ($746).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Libya+$8.28MCars

Top Product Potential Libya Indonesia+$71kTropical Fruits

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 Indonesia and Libya. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Indonesia.

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Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Libya () (2022)

Exports from Libya () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Libya ()

Indonesia Exports

Market Competitiveness

Difference in imports from Libya () and Indonesia () (2022)

Comparative Advantage Indonesia - Libya

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Indonesia () and Libya () (2022)

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