2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP
$2.64BCURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP GROWTH
7.77%CURRENT US$
Rnk 162 / 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
$193CURRENT US$
Rnk 196 / 196
2013-2023
Flag
GDP PC GROWTH
-17.8%CURRENT US$
Rnk 177 / 195

About

In N/A, Libya did not export any services to Burundi.

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

In N/A, Burundi 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, Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Libya does not register exports to Burundi.

Burundi does not register exports to Libya.

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

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

Market Competitiveness

Color
Libya
Top Destination
Italy$7.96B
Burundi
Top Destination
United Arab Emirates$117M

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

In 2023, countries that imported more from Libya than Burundi included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

In 2023, countries that imported more from Burundi than Libya included Uganda ($16.4M), Tanzania ($3.06M), and Finland ($2.72M).

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

Comparative Advantage Libya - Burundi

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Burundi+$2.27kRefined Petroleum
Top Product Potential Burundi Libya+$2.67kRefined 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 Burundi. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Libya.

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

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