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Pricing

2022
Flag → Flag
Exports $211Rnk 72 / 79
2022
Flag → Flag
Top Product $195Broadcasting Equipment
2022
Flag → Flag
Exports $155MRnk 63 / 168
2022
Flag → Flag
Top Product $132MSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Libya-Argentina Trade: In 2022, Libya exported $211 to Argentina. The main products that Libya exported to Argentina were Broadcasting Equipment ($195) and Precious Stones ($16). Over the past 9 years the exports of Libya to Argentina have decreased at an annualized rate of 70%, from $10.7M in 2013 to $211 in 2022.

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

Argentina-Libya Trade: In 2022, Argentina exported $155M to Libya. The main products that Argentina exported to Libya were Soybean Meal ($132M), Corn ($20.8M), and Crustaceans ($1.11M). Over the past 9 years the exports of Argentina to Libya have increased at an annualized rate of 38.2%,  from $30.8M in 2013 to $155M in 2022.

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

Comparison: In 2022,  Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $211 to Argentina. The main products exported from Libya to Argentina were Broadcasting Equipment ($195) and Precious Stones ($16). During the last 9 years the exports of Libya to Argentina have decreased at an annualized rate of 70%, from $10.7M in 2013 to $211 in 2022.

In 2017, Argentina exported $155M to Libya. The main products exported from Argentina to Libya were Soybean Meal ($132M), Corn ($20.8M), and Crustaceans ($1.11M). During the last 5 years the exports of Argentina to Libya have increased at an annualized rate of 38.2%, from $30.8M in 2022 to $155M in 2017.

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

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

Latest Data

Trade between Libya (Flag) and Argentina (Flag)

Argentina Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Libya than Argentina included Italy ($9.26B), Germany ($3.32B), and Greece ($2.25B).

In 2022, countries that imported more from Argentina than Libya included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

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

Comparative Advantage Libya - Argentina

Flow
Scale

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

During 2022, Libya had a large net trade with Argentina in the exports of Machines ($195) and Precious Metals ($16).

During 2017, Argentina had a large net trade with Libya in the exports of Foodstuffs ($132M), Vegetable Products ($21.1M), and Animal Products ($2.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Argentina+$5.86kPetroleum Gas
Top Product Potential Argentina Libya+$5.34kRefined 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 Libya and Argentina. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Libya.

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

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