Libya (LBY) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Libya-Brazil Trade: In 2021, Libya exported $20.2M to Brazil. The main products that Libya exported to Brazil were N/A. Over the past 5 years the exports of Libya to Brazil have increased at an annualized rate of 7.86%, from $13.8M in 2016 to $20.2M in 2021.

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

Brazil-Libya Trade: In 2021, Brazil exported $320M to Libya. The main products that Brazil exported to Libya were Poultry Meat ($159M), Iron Ore ($92.5M), and Frozen Bovine Meat ($36.7M). Over the past 5 years the exports of Brazil to Libya have increased at an annualized rate of 15.8%, from $154M in 2016 to $320M in 2021.

In 2021, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Libya exported $20.2M to Brazil. There were not main exports from Libya to Brazil in 2021. During the last 5 years the exports of Libya to Brazil have increased at an annualized rate of 7.86%, from $13.8M in 2016 to $20.2M in 2021.

In 2017, Brazil exported $320M to Libya. The main products exported from Brazil to Libya were Poultry Meat ($159M), Iron Ore ($92.5M), and Frozen Bovine Meat ($36.7M). During the last 5 years the exports of Brazil to Libya have increased at an annualized rate of 15.8%, from $154M in 2022 to $320M in 2017.

Exports from Libya () to Brazil () (2022)

Exports from Brazil () to Libya () (2022)

Latest Data

Trade between Libya () and Brazil ()

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Libya than Brazil included Italy ($9.26B), Greece ($2.25B), and Austria ($674M).

In 2022, countries that imported more from Brazil than Libya included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

Difference in imports from Brazil () and Libya () (2022)

Comparative Advantage Libya - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Brazil had a large net trade with Libya in the exports of Animal Products ($197M), Mineral Products ($92.7M), and Vegetable Products ($16.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Brazil+$11.5kCrude Petroleum

Top Product Potential Brazil Libya+$3.41MCoffee

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

Year

This visualization shows the product space at the HS4 level with the flags of Libya and Brazil. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Libya.

About

Historical Data

Bilateral Trade by Products

Exports from Libya () to Brazil () (2022)

Exports from Brazil () to Libya () (2022)

Latest Data

Trade between Libya () and Brazil ()

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Libya () (2022)

Comparative Advantage Libya - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and Brazil () (2022)

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