2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$6,173CURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP PC GROWTH
-48.4%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Libya-Estonia Trade: In 2021, Libya exported $31.5M to Estonia. The main products that Libya exported to Estonia were N/A. Over the past 16 years the exports of Libya to Estonia have increased at an annualized rate of 64.6%, from $10.8k in 2005 to $31.5M in 2021.

In 2021, Libya did not export any services to Estonia.

Estonia-Libya Trade: In 2021, Estonia exported $2.05M to Libya. The main products that Estonia exported to Libya were Malt Extract ($1.86M), Peat ($136k), and Large Construction Vehicles ($34.1k). Over the past 16 years the exports of Estonia to Libya have decreased at an annualized rate of 14.2%,  from $4.41M in 2005 to $2.05M in 2021.

In 2021, Estonia 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, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Libya exported $31.5M to Estonia. There were not main exports from Libya to Estonia in 2021. During the last 16 years the exports of Libya to Estonia have increased at an annualized rate of 64.6%, from $10.8k in 2005 to $31.5M in 2021.

In 2018, Estonia exported $2.05M to Libya. The main products exported from Estonia to Libya were Malt Extract ($1.86M), Peat ($136k), and Large Construction Vehicles ($34.1k). During the last 5 years the exports of Estonia to Libya have decreased at an annualized rate of 14.2%, from $4.41M in 2023 to $2.05M in 2018.

Exports from Libya (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Libya (Flag) (2023)

Latest Data

Trade between Libya (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$7.96B
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from Libya than Estonia included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

In 2023, countries that imported more from Estonia than Libya included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Libya (Flag) (2023)

Comparative Advantage Libya - Estonia

Flow
Scale

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

During 2021, Libya had a large net trade with Estonia in the exports of .

During 2018, Estonia had a large net trade with Libya in the exports of Foodstuffs ($1.86M), Mineral Products ($136k), and Machines ($39.1k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Libya and Estonia. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and Estonia (Flag) (2023)

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