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2022
Flag → Flag
Exports $212Rnk 79 / 0
2022
Flag → Flag
Exports $166MRnk 48 / 168
2022
Flag → Flag
Top Product $150MSoybean Meal
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC $6,173CURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195

About

Libya-Argentina Trade: In 2022, Libya exported $212 to Argentina. The main products that Libya exported to Argentina were N/A. Over the past 9 years the exports of Libya to Argentina have decreased at an annualized rate of 70.3%, from $11.7M in 2013 to $212 in 2022.

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

Argentina-Libya Trade: In 2022, Argentina exported $166M to Libya. The main products that Argentina exported to Libya were Soybean Meal ($150M), Corn ($13.4M), and Butter ($964k). Over the past 9 years the exports of Argentina to Libya have increased at an annualized rate of 9.69%,  from $54.8M in 2013 to $166M in 2022.

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

Comparison: In 2023,  Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $212 to Argentina. There were not main exports from Libya to Argentina in 2022. During the last 9 years the exports of Libya to Argentina have decreased at an annualized rate of 70.3%, from $11.7M in 2013 to $212 in 2022.

In 2018, Argentina exported $166M to Libya. The main products exported from Argentina to Libya were Soybean Meal ($150M), Corn ($13.4M), and Butter ($964k). During the last 5 years the exports of Argentina to Libya have increased at an annualized rate of 9.69%, from $54.8M in 2023 to $166M in 2018.

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

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

Latest Data

Trade between Libya (Flag) and Argentina (Flag)

Argentina Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$7.96B
Argentina
Top DestinationBrazil$12.1B

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 2023, countries that imported more from Libya than Argentina included Italy ($7.96B), Germany ($5.16B), and France ($2.64B).

In 2023, countries that imported more from Argentina than Libya included Brazil ($12.1B), Chile ($5.57B), and United States ($6.27B).

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

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 .

During 2018, Argentina had a large net trade with Libya in the exports of Foodstuffs ($150M), Vegetable Products ($13.8M), and Animal Products ($2.1M).

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) (2023)

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