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Pricing

2022
Flag → Flag
Exports $2.44MRnk 41 / 79
2022
Flag → Flag
Top Product $2.44MPetroleum Gas
2022
Flag → Flag
Exports $10MRnk 73 / 182
2022
Flag → Flag
Top Product $5.06MCorn
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 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$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Libya-Croatia Trade: In 2022, Libya exported $2.44M to Croatia. The main products that Libya exported to Croatia were Petroleum Gas ($2.44M), Other Measuring Instruments ($421), and Other Nickel Products ($261). Over the past 5 years the exports of Libya to Croatia have decreased at an annualized rate of 53.7%, from $115M in 2017 to $2.44M in 2022.

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

Croatia-Libya Trade: In 2022, Croatia exported $10M to Libya. The main products that Croatia exported to Libya were Corn ($5.06M), Sawn Wood ($1.9M), and Gas Turbines ($1.74M). Over the past 5 years the exports of Croatia to Libya have increased at an annualized rate of 21.4%,  from $3.13M in 2017 to $10M in 2022.

In 2022, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $2.44M to Croatia. The main products exported from Libya to Croatia were Petroleum Gas ($2.44M), Other Measuring Instruments ($421), and Other Nickel Products ($261). During the last 5 years the exports of Libya to Croatia have decreased at an annualized rate of 53.7%, from $115M in 2017 to $2.44M in 2022.

In 2017, Croatia exported $10M to Libya. The main products exported from Croatia to Libya were Corn ($5.06M), Sawn Wood ($1.9M), and Gas Turbines ($1.74M). During the last 5 years the exports of Croatia to Libya have increased at an annualized rate of 21.4%, from $3.13M in 2022 to $10M in 2017.

Exports from Libya (Flag) to Croatia (Flag) (2022)

Exports from Croatia (Flag) to Libya (Flag) (2022)

Latest Data

Trade between Libya (Flag) and Croatia (Flag)

Croatia Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Libya than Croatia included Italy ($9.26B), Spain ($3.48B), and China ($2.52B).

In 2022, countries that imported more from Croatia than Libya included Slovenia ($2.87B), Hungary ($2.65B), and Bosnia and Herzegovina ($2.45B).

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

Comparative Advantage Libya - Croatia

Flow
Scale

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

During 2022, Libya had a large net trade with Croatia in the exports of Mineral Products ($2.44M), Instruments ($421), and Metals ($261).

During 2017, Croatia had a large net trade with Libya in the exports of Vegetable Products ($5.06M), Machines ($2.1M), and Wood Products ($1.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Croatia+$4.74MPetroleum Gas
Top Product Potential Croatia Libya+$544kPackaged Medicaments

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

Product Space of Libya (Flag) and Croatia (Flag) (2022)

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