Libya (LBY) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Libya-Czechia Trade: In 2022, Libya exported $107M to Czechia. The main products that Libya exported to Czechia were Crude Petroleum ($107M), Shaving Products ($6.25k), and Chemical Analysis Instruments ($438). Over the past 5 years the exports of Libya to Czechia have increased at an annualized rate of 51.7%, from $13.3M in 2017 to $107M in 2022.

In 2022, Libya did not export any services to Czechia.

Czechia-Libya Trade: In 2022, Czechia exported $7.76M to Libya. The main products that Czechia exported to Libya were Other Plastic Products ($779k), Interior Decorative Glassware ($762k), and Office Machine Parts ($559k). Over the past 5 years the exports of Czechia to Libya have increased at an annualized rate of 7.37%, from $5.44M in 2017 to $7.76M in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Libya exported $107M to Czechia. The main products exported from Libya to Czechia were Crude Petroleum ($107M), Shaving Products ($6.25k), and Chemical Analysis Instruments ($438). During the last 5 years the exports of Libya to Czechia have increased at an annualized rate of 51.7%, from $13.3M in 2017 to $107M in 2022.

In 2017, Czechia exported $7.76M to Libya. The main products exported from Czechia to Libya were Other Plastic Products ($779k), Interior Decorative Glassware ($762k), and Office Machine Parts ($559k). During the last 5 years the exports of Czechia to Libya have increased at an annualized rate of 7.37%, from $5.44M in 2022 to $7.76M in 2017.

Exports from Libya () to Czechia () (2022)

Exports from Czechia () to Libya () (2022)

Latest Data

Trade between Libya () and Czechia ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Libya than Czechia included Greece ($2.25B), Thailand ($1.67B), and United Arab Emirates ($1.63B).

In 2022, countries that imported more from Czechia than Libya included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Libya - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Libya had a large net trade with Czechia in the exports of Mineral Products ($107M), Chemical Products ($6.31k), and Instruments ($568).

During 2017, Czechia had a large net trade with Libya in the exports of Machines ($2.4M), Plastics and Rubbers ($1.38M), and Stone And Glass ($1.11M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Czechia+$60.8MCrude Petroleum

Top Product Potential Czechia Libya+$1.7MComputers

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

About

Historical Data

Bilateral Trade by Products

Exports from Libya () to Czechia () (2022)

Exports from Czechia () to Libya () (2022)

Latest Data

Trade between Libya () and Czechia ()

Czechia Exports

Market Competitiveness

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

Comparative Advantage Libya - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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