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Pricing

2021
Flag → Flag
Exports $86.7kRnk 39 / 0
2021
Flag → Flag
Exports $387kRnk 109 / 170
2021
Flag → Flag
Top Product $213kNutmeg, mace and cardamons
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 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$5,763CURRENT US$
Rnk 117 / 196
2013-2023
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GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Libya-Guatemala Trade: In 2021, Libya exported $86.7k to Guatemala. The main products that Libya exported to Guatemala were N/A. Over the past 11 years the exports of Libya to Guatemala have increased at an annualized rate of 1.46%, from $73.9k in 2010 to $86.7k in 2021.

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

Guatemala-Libya Trade: In 2021, Guatemala exported $387k to Libya. The main products that Guatemala exported to Libya were Nutmeg, mace and cardamons ($213k), Paper Containers ($79.1k), and Confectionery Sugar ($74.5k). Over the past 11 years the exports of Guatemala to Libya have decreased at an annualized rate of 48.5%,  from $10.7M in 2010 to $387k in 2021.

In 2021, Guatemala 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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Libya exported $86.7k to Guatemala. There were not main exports from Libya to Guatemala in 2021. During the last 11 years the exports of Libya to Guatemala have increased at an annualized rate of 1.46%, from $73.9k in 2010 to $86.7k in 2021.

In 2018, Guatemala exported $387k to Libya. The main products exported from Guatemala to Libya were Nutmeg, mace and cardamons ($213k), Paper Containers ($79.1k), and Confectionery Sugar ($74.5k). During the last 5 years the exports of Guatemala to Libya have decreased at an annualized rate of 48.5%, from $10.7M in 2023 to $387k in 2018.

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

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

Latest Data

Trade between Libya (Flag) and Guatemala (Flag)

Guatemala Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$7.96B
Guatemala
Top DestinationUnited States$5.16B

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

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

In 2023, countries that imported more from Guatemala than Libya included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

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

Comparative Advantage Libya - Guatemala

Flow
Scale

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

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

During 2018, Guatemala had a large net trade with Libya in the exports of Vegetable Products ($213k), Foodstuffs ($94.4k), and Paper Goods ($79.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Guatemala+$4.04kRefined Petroleum
Top Product Potential Guatemala Libya+$35.9kPrepared Cereals

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

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

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