2022
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GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH
-50.6%CURRENT US$
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2022
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 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH
20.9%CURRENT US$
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2022
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GDP PC 
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
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GDP PC GROWTH
-57.4%CURRENT US$
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2022
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GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Libya-Denmark In 2022, Libya exported $223M to Denmark. The main products that Libya exported to Denmark are Crude Petroleum ($223M), Gas and Liquid Flow Measuring Instruments ($4.09k), and Office Machine Parts ($3.87k). During the last 27 years the exports of Libya to Denmark have increased at an annualized rate of 10.5%, from $15M in 1995 to $223M in 2022.

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

Denmark-Libya In 2022, Denmark exported $30.4M to Libya. The main products that Denmark exported to Libya were Other Edible Preparations ($6.73M), Cheese ($5.31M), and Malt Extract ($5.08M). During the last 27 years the exports of Denmark to Libya have increased at an annualized rate of 0.87%, from $24.1M in 1995 to $30.4M in 2022.

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

Comparison In 2022,  Libya ranked 96 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). That same year, Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $223M to Denmark. The main products exported from Libya to Denmark were Crude Petroleum ($223M), Gas and Liquid Flow Measuring Instruments ($4.09k), and Office Machine Parts ($3.87k). During the last 27 years the exports of Libya to Denmark have increased at an annualized rate of 10.5%, from $15M in 1995 to $223M in 2022.

In 2022, Denmark exported $30.4M to Libya. The main products exported from Denmark to Libya were Other Edible Preparations ($6.73M), Cheese ($5.31M), and Malt Extract ($5.08M). During the last 27 years the exports of Denmark to Libya have increased at an annualized rate of 0.87%, from $24.1M in 1995 to $30.4M in 2022.

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

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

Latest Data

Trade between Libya (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Denmark
Top Destination
Germany$18.9B

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

In 2021, countries that imported more from Libya than Denmark were Italy ($9.26B), Greece ($2.25B), and Thailand ($1.67B).

In 2021, countries that imported more from Denmark than Libya were Germany ($18.9B), Sweden ($11.6B), and United States ($13.1B).

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

Comparative Advantage Libya - Denmark

Flow
Scale

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

During 2022, Libya had a large net trade with Denmark in the exports of Mineral Products ($223M), Instruments ($4.09k), and Machines ($3.87k).

During 2022, Denmark had a large net trade with Libya in the exports of Foodstuffs ($12.1M), Animal Products ($5.85M), and Machines ($4.74M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Libya has comparative advantage over Denmark. Similarly, the more yellow a dot/product is, the more Denmark has comparative advantage over Libya.

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

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