Libya (LBY) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Libya-Morocco Trade: In 2022, Libya exported $88.2M to Morocco. The main products that Libya exported to Morocco were Ammonia ($65.3M), Iron Reductions ($15.8M), and Tropical Fruits ($3.97M). Over the past 5 years the exports of Libya to Morocco have increased at an annualized rate of 25.1%, from $28.8M in 2017 to $88.2M in 2022.

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

Morocco-Libya Trade: In 2022, Morocco exported $78.5M to Libya. The main products that Morocco exported to Libya were Raw Sugar ($39.3M), Processed Fish ($8.37M), and Packaged Medicaments ($6.04M). Over the past 5 years the exports of Morocco to Libya have decreased at an annualized rate of 5.43%, from $116M in 2017 to $78.5M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Libya exported $88.2M to Morocco. The main products exported from Libya to Morocco were Ammonia ($65.3M), Iron Reductions ($15.8M), and Tropical Fruits ($3.97M). During the last 5 years the exports of Libya to Morocco have increased at an annualized rate of 25.1%, from $28.8M in 2017 to $88.2M in 2022.

In 2017, Morocco exported $78.5M to Libya. The main products exported from Morocco to Libya were Raw Sugar ($39.3M), Processed Fish ($8.37M), and Packaged Medicaments ($6.04M). During the last 5 years the exports of Morocco to Libya have decreased at an annualized rate of 5.43%, from $116M in 2022 to $78.5M in 2017.

Exports from Libya () to Morocco () (2022)

Exports from Morocco () to Libya () (2022)

Latest Data

Trade between Libya () and Morocco ()

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Libya than Morocco included Italy ($9.26B), Greece ($2.25B), and China ($2.52B).

In 2022, countries that imported more from Morocco than Libya included France ($7.92B), Spain ($8.55B), and India ($2.99B).

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

Comparative Advantage Libya - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Libya had a large net trade with Morocco in the exports of Chemical Products ($65.4M), Metals ($15.8M), and Vegetable Products ($6.89M).

During 2017, Morocco had a large net trade with Libya in the exports of Foodstuffs ($53.7M), Chemical Products ($13.7M), and Animal and Vegetable Bi-Products ($4.23M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Morocco+$8.01kPetroleum Gas

Top Product Potential Morocco Libya+$3.51MInsulated Wire

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

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Historical Data

Bilateral Trade by Products

Exports from Libya () to Morocco () (2022)

Exports from Morocco () to Libya () (2022)

Latest Data

Trade between Libya () and Morocco ()

Morocco Exports

Market Competitiveness

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

Comparative Advantage Libya - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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