Libya (LBY) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Libya-Ethiopia Trade: In 2022, Libya exported $837 to Ethiopia. The main products that Libya exported to Ethiopia were Iron Structures ($837). Over the past 8 years the exports of Libya to Ethiopia have increased at an annualized rate of 17.2%, from $235 in 2014 to $837 in 2022.

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

Ethiopia-Libya Trade: In 2022, Ethiopia exported $2.75M to Libya. The main products that Ethiopia exported to Libya were Other Animals ($2.45M), Coffee ($284k), and Sheep and Goats ($15.1k). Over the past 8 years the exports of Ethiopia to Libya have increased at an annualized rate of 6.01%, from $2.05M in 2014 to $2.75M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Libya exported $837 to Ethiopia. The main products exported from Libya to Ethiopia were Iron Structures ($837). During the last 8 years the exports of Libya to Ethiopia have increased at an annualized rate of 17.2%, from $235 in 2014 to $837 in 2022.

In 2017, Ethiopia exported $2.75M to Libya. The main products exported from Ethiopia to Libya were Other Animals ($2.45M), Coffee ($284k), and Sheep and Goats ($15.1k). During the last 5 years the exports of Ethiopia to Libya have increased at an annualized rate of 6.01%, from $2.05M in 2022 to $2.75M in 2017.

Exports from Libya () to Ethiopia () (2022)

Exports from Ethiopia () to Libya () (2022)

Latest Data

Trade between Libya () and Ethiopia ()

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Libya than Ethiopia included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

In 2022, countries that imported more from Ethiopia than Libya included Saudi Arabia ($268M), Somalia ($265M), and Japan ($150M).

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

Comparative Advantage Libya - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Libya had a large net trade with Ethiopia in the exports of Metals ($837).

During 2017, Ethiopia had a large net trade with Libya in the exports of Animal Products ($2.46M) and Vegetable Products ($284k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Ethiopia+$4.13kRefined Petroleum

Top Product Potential Ethiopia Libya+$719kCoffee

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

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Historical Data

Bilateral Trade by Products

Exports from Libya () to Ethiopia () (2022)

Exports from Ethiopia () to Libya () (2022)

Latest Data

Trade between Libya () and Ethiopia ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Libya - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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