Libya (LBY) and Chile (CHL) Trade | The Observatory of Economic Complexity

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Libya-Chile Trade: In 2023, Libya exported $131 to Chile. The main products that Libya exported to Chile were Computers ($131). Over the past 7 years the exports of Libya to Chile have decreased at an annualized rate of 60.1%, from $82k in 2016 to $131 in 2023.

In 2023, Libya did not export any services to Chile.

Chile-Libya Trade: In 2023, Chile exported $3.09M to Libya. The main products that Chile exported to Libya were Grapes ($1.54M), Apples and Pears ($1.02M), and Other Nuts ($395k). Over the past 7 years the exports of Chile to Libya have increased at an annualized rate of 10.2%, from $1.9M in 2016 to $3.09M in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Libya exported $131 to Chile. The main products exported from Libya to Chile were Computers ($131). During the last 7 years the exports of Libya to Chile have decreased at an annualized rate of 60.1%, from $82k in 2016 to $131 in 2023.

In 2018, Chile exported $3.09M to Libya. The main products exported from Chile to Libya were Grapes ($1.54M), Apples and Pears ($1.02M), and Other Nuts ($395k). During the last 5 years the exports of Chile to Libya have increased at an annualized rate of 10.2%, from $1.9M in 2023 to $3.09M in 2018.

Exports from Libya () to Chile () (2023)

Exports from Chile () to Libya () (2023)

Latest Data

Trade between Libya () and Chile ()

Chile Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$7.96B

Chile
Top DestinationChina$38.2B

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 2023, countries that imported more from Libya than Chile included Italy ($7.96B), Germany ($5.16B), and Greece ($2.2B).

In 2023, countries that imported more from Chile than Libya included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

Difference in imports from Chile () and Libya () (2023)

Comparative Advantage Libya - Chile

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Libya had a large net trade with Chile in the exports of Machines ($131).

During 2018, Chile had a large net trade with Libya in the exports of Vegetable Products ($3.09M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Libya () to Chile () (2023)

Exports from Chile () to Libya () (2023)

Latest Data

Trade between Libya () and Chile ()

Chile Exports

Market Competitiveness

Difference in imports from Chile () and Libya () (2023)

Comparative Advantage Libya - Chile

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and Chile () (2023)

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