Sign In
Pricing

2022
Flag → Flag
Exports $275MRnk 112 / 217
2022
Flag → Flag
Top Product $39.8MRaw Sugar
2022
Flag → Flag
Exports $590MRnk 14 / 79
2022
Flag → Flag
Top Product $511MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186

About

India-Libya Trade: In 2022, India exported $275M to Libya. The main products that India exported to Libya were Raw Sugar ($39.8M), Unglazed Ceramics ($26.2M), and Coffee ($21.9M). Over the past 5 years the exports of India to Libya have increased at an annualized rate of 17.9%, from $121M in 2017 to $275M in 2022.

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

Libya-India Trade: In 2022, Libya exported $590M to India. The main products that Libya exported to India were Crude Petroleum ($511M), Nitrogenous Fertilizers ($40.1M), and Scrap Aluminium ($11.4M). Over the past 5 years the exports of Libya to India have increased at an annualized rate of 81.1%,  from $30.3M in 2017 to $590M in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Latest Trends

July, 2024

About

Overview In July 2024, India exported $41.6M and imported $4.53M from Libya, resulting in a positive trade balance of $37.1M. Between July 2023 and July 2024 the exports of India have increased by $19.8M (90.8%) from $21.8M to $41.6M, while imports increased by $900k (24.8%) from $3.63M to $4.53M.

Trade In July 2024, the top exports of India to Libya were Sugar ($24.9M), Ceramics And Allied Products ($5.34M), Motor Vehicle/Cars ($2.97M), Coffee ($2.2M), and Granit, Natrl Stone And Prodct ($2.19M). In July 2024 the top imports of India from Libya were Petroleum: Crude ($88.5M), Iron And Steel ($654k), Aluminium, Products Of Aluminm ($495k), Lead And Products Made Of Led ($378k), and Other Commodities ($313k).

Growth In July 2024, the increase in India's year-by-year exports to Libya was explained primarily by an increase in product exports in Motor Vehicle/Cars ($2.35M or 380%), Coffee ($2M or 993%), and Ceramics And Allied Products ($1.62M or 43.6%). In July 2024, the increase in India's year-by-year imports  from Libya was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)$19.8M(90.8%)
IMPORT GROWTH (July 2023 - July 2024)$900k(24.8%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Libya and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Libya and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $275M to Libya. The main products exported from India to Libya were Raw Sugar ($39.8M), Unglazed Ceramics ($26.2M), and Coffee ($21.9M). During the last 5 years the exports of India to Libya have increased at an annualized rate of 17.9%, from $121M in 2017 to $275M in 2022.

In 2017, Libya exported $590M to India. The main products exported from Libya to India were Crude Petroleum ($511M), Nitrogenous Fertilizers ($40.1M), and Scrap Aluminium ($11.4M). During the last 5 years the exports of Libya to India have increased at an annualized rate of 81.1%, from $30.3M in 2022 to $590M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from India than Libya included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Libya than India included Greece ($2.25B).

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

Comparative Advantage India - Libya

Flow
Scale

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

During 2022, India had a large net trade with Libya in the exports of Stone And Glass ($51.6M), Vegetable Products ($47.9M), and Foodstuffs ($47.3M).

During 2017, Libya had a large net trade with India in the exports of Mineral Products ($511M), Chemical Products ($49.1M), and Metals ($24.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Libya+$15.3MCars
Top Product Potential Libya India+$653MCrude 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms