Libya (LBY) and Algeria (DZA) Trade | The Observatory of Economic Complexity

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Libya-Algeria Trade: In 2018, Libya exported $7.14M to Algeria. The main products that Libya exported to Algeria were N/A. Over the past 5 years the exports of Libya to Algeria have decreased at an annualized rate of 53.2%, from $317M in 2013 to $7.14M in 2018.

In 2018, Libya did not export any services to Algeria.

Algeria-Libya Trade: In 2018, Algeria exported $27.9M to Libya. The main products that Algeria exported to Libya were N/A. Over the past 5 years the exports of Algeria to Libya have decreased at an annualized rate of 5.22%, from $36.4M in 2013 to $27.9M in 2018.

In 2018, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Libya exported $7.14M to Algeria. There were not main exports from Libya to Algeria in 2018. During the last 5 years the exports of Libya to Algeria have decreased at an annualized rate of 53.2%, from $317M in 2013 to $7.14M in 2018.

In 2014, Algeria exported $27.9M to Libya. There were not main exports from Algeria to Libya in 2014. During the last 5 years the exports of Algeria to Libya have decreased at an annualized rate of 5.22%, from $36.4M in 2019 to $27.9M in 2014.

Exports from Libya () to Algeria () (2019)

Exports from Algeria () to Libya () (2019)

Latest Data

Trade between Libya () and Algeria ()

Algeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Algeria
Top DestinationItaly$16.9B

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

In 2022, countries that imported more from Libya than Algeria included United Arab Emirates ($1.63B), China ($2.52B), and Greece ($2.25B).

In 2022, countries that imported more from Algeria than Libya included Italy ($16.9B), France ($6.99B), and Spain ($7.11B).

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

Comparative Advantage Libya - Algeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Libya had a large net trade with Algeria in the exports of .

During 2014, Algeria had a large net trade with Libya in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Algeria+$5.52kPetroleum Gas

Top Product Potential Algeria Libya+$10.8kRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Libya () to Algeria () (2019)

Exports from Algeria () to Libya () (2019)

Latest Data

Trade between Libya () and Algeria ()

Algeria Exports

Market Competitiveness

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

Comparative Advantage Libya - Algeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and Algeria () (2019)

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