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Pricing

2021
Flag → Flag
Exports $8.22MRnk 36 / 0
2021
Flag → Flag
Exports $1.38BRnk 5 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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 $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 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

Iran-Libya Trade: In 2021, Iran exported $8.22M to Libya. The main products that Iran exported to Libya were N/A. Over the past 5 years the exports of Iran to Libya have increased at an annualized rate of 20.6%, from $3.22M in 2016 to $8.22M in 2021.

In 2021, Iran did not export any services to Libya.

Libya-Iran In N/A, Libya did not export any products to Iran.

In 2021, Libya did not export any services to Iran.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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
Value

In 2021, Iran exported $8.22M to Libya. There were not main exports from Iran to Libya in 2021. During the last 5 years the exports of Iran to Libya have increased at an annualized rate of 20.6%, from $3.22M in 2016 to $8.22M in 2021.

Libya does not register exports to Iran.

Exports from Iran (Flag) to Libya (Flag) (2021)

Exports from Libya (Flag) to Iran (Flag) (2021)

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Iran than Libya included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

In 2022, countries that imported more from Libya than Iran included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

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

Comparative Advantage Iran - Libya

Flow
Scale

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

During 2021, Iran had a large net trade with Libya in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Libya+$4.01kRefined Petroleum
Top Product Potential Libya Iran+$3kRefined 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 Iran and Libya. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Iran.

Product Space of Iran (Flag) and Libya (Flag) (2021)

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