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Pricing

2020
Flag → Flag
Exports $313kRnk 86 / 0
2020
Flag → Flag
Exports $3.11MRnk 69 / 162
2020
Flag → Flag
Top Product $841kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 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$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 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$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Libya-Bosnia and Herzegovina Trade: In 2020, Libya exported $313k to Bosnia and Herzegovina. The main products that Libya exported to Bosnia and Herzegovina were N/A. Over the past 5 years the exports of Libya to Bosnia and Herzegovina have increased at an annualized rate of 132%, from $4.61k in 2015 to $313k in 2020.

In 2020, Libya did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Libya Trade: In 2020, Bosnia and Herzegovina exported $3.11M to Libya. The main products that Bosnia and Herzegovina exported to Libya were Packaged Medicaments ($841k), Baked Goods ($513k), and Refined Petroleum ($447k). Over the past 5 years the exports of Bosnia and Herzegovina to Libya have increased at an annualized rate of 17.1%,  from $1.41M in 2015 to $3.11M in 2020.

In 2020, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Libya exported $313k to Bosnia and Herzegovina. There were not main exports from Libya to Bosnia and Herzegovina in 2020. During the last 5 years the exports of Libya to Bosnia and Herzegovina have increased at an annualized rate of 132%, from $4.61k in 2015 to $313k in 2020.

In 2017, Bosnia and Herzegovina exported $3.11M to Libya. The main products exported from Bosnia and Herzegovina to Libya were Packaged Medicaments ($841k), Baked Goods ($513k), and Refined Petroleum ($447k). During the last 5 years the exports of Bosnia and Herzegovina to Libya have increased at an annualized rate of 17.1%, from $1.41M in 2022 to $3.11M in 2017.

Exports from Libya (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Libya (Flag) (2022)

Latest Data

Trade between Libya (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Libya than Bosnia and Herzegovina included Italy ($9.26B), Spain ($3.48B), and China ($2.52B).

In 2022, countries that imported more from Bosnia and Herzegovina than Libya included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

Difference in imports from Bosnia and Herzegovina (Flag) and Libya (Flag) (2022)

Comparative Advantage Libya - Bosnia and Herzegovina

Flow
Scale

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

During 2020, Libya had a large net trade with Bosnia and Herzegovina in the exports of .

During 2017, Bosnia and Herzegovina had a large net trade with Libya in the exports of Chemical Products ($938k), Foodstuffs ($593k), and Metals ($523k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Bosnia and Herzegovina+$3.64kRefined Petroleum
Top Product Potential Bosnia and Herzegovina Libya+$724kRefined 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 Bosnia and Herzegovina. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and Bosnia and Herzegovina (Flag) (2022)

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