2022
Flag  
GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH
-50.6%CURRENT US$
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2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
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2022
Flag
GDP PC
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
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About

Libya-Chile Trade: In 2020, Libya exported $273 to Chile. The main products that Libya exported to Chile were N/A. Over the past 5 years the exports of Libya to Chile have decreased at an annualized rate of 18.1%, from $741 in 2015 to $273 in 2020.

In 2020, Libya did not export any services to Chile.

Chile-Libya Trade: In 2020, Chile exported $2.39M to Libya. The main products that Chile exported to Libya were Apples and Pears ($929k), Grapes ($693k), and Other Nuts ($389k). Over the past 5 years the exports of Chile to Libya have increased at an annualized rate of 7.89%,  from $1.64M in 2015 to $2.39M in 2020.

In 2020, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Libya exported $273 to Chile. There were not main exports from Libya to Chile in 2020. During the last 5 years the exports of Libya to Chile have decreased at an annualized rate of 18.1%, from $741 in 2015 to $273 in 2020.

In 2017, Chile exported $2.39M to Libya. The main products exported from Chile to Libya were Apples and Pears ($929k), Grapes ($693k), and Other Nuts ($389k). During the last 5 years the exports of Chile to Libya have increased at an annualized rate of 7.89%, from $1.64M in 2022 to $2.39M in 2017.

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

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

Latest Data

Trade between Libya (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Chile
Top Destination
China$38.5B

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

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

In 2022, countries that imported more from Chile than Libya included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Libya - Chile

Flow
Scale

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

During 2020, Libya had a large net trade with Chile in the exports of .

During 2017, Chile had a large net trade with Libya in the exports of Vegetable Products ($2.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Chile+$8.47kCrude Petroleum
Top Product Potential Chile Libya+$542kApples and Pears

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 Chile. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Libya.

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

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