2022
Flag  
GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC 
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
Rnk 185 / 186
2022
Flag
GDP PC
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

Libya-Gambia Trade: In 2021, Libya exported $95.1k to Gambia. The main products that Libya exported to Gambia were N/A. Over the past 11 years the exports of Libya to Gambia have increased at an annualized rate of 21.4%, from $11.3k in 2010 to $95.1k in 2021.

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

Gambia-Libya In N/A, Gambia did not export any products to Libya.

In 2021, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Libya exported $95.1k to Gambia. There were not main exports from Libya to Gambia in 2021. During the last 11 years the exports of Libya to Gambia have increased at an annualized rate of 21.4%, from $11.3k in 2010 to $95.1k in 2021.

Gambia does not register exports to Libya.

Exports from Libya (Flag) to Gambia (Flag) (2021)

Exports from Gambia (Flag) to Libya (Flag) (2021)

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Gambia
Top Destination
India$52.9M

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

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

In 2022, countries that imported more from Gambia than Libya included Chile ($11.1M), Chinese Taipei ($6.72M), and Guyana ($1.73M).

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

Comparative Advantage Libya - Gambia

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Gambia+$1.46kPetroleum Gas
Top Product Potential Gambia Libya+$1.58kRefined 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

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

Product Space of Libya (Flag) and Gambia (Flag) (2021)

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