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
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 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
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Libya-Malawi Trade: In 2015, Libya exported $3k to Malawi. The main products that Libya exported to Malawi were N/A. Over the past 11 years the exports of Libya to Malawi have increased at an annualized rate of 66.5%, from $11 in 2004 to $3k in 2015.

In 2015, Libya did not export any services to Malawi.

Malawi-Libya Trade: In 2015, Malawi exported $2.45M to Libya. The main products that Malawi exported to Libya were N/A. Over the past 11 years the exports of Malawi to Libya have increased at an annualized rate of 208%,  from $8.77k in 2004 to $2.45M in 2015.

In 2015, Malawi 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, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, Libya exported $3k to Malawi. There were not main exports from Libya to Malawi in 2015. During the last 11 years the exports of Libya to Malawi have increased at an annualized rate of 66.5%, from $11 in 2004 to $3k in 2015.

In 2004, Malawi exported $2.45M to Libya. There were not main exports from Malawi to Libya in 2004. During the last 5 years the exports of Malawi to Libya have increased at an annualized rate of 208%, from $8.77k in 2009 to $2.45M in 2004.

Exports from Libya (Flag) to Malawi (Flag) (2015)

Exports from Malawi (Flag) to Libya (Flag) (2015)

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Malawi
Top Destination
United Arab Emirates$255M

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

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

In 2022, countries that imported more from Malawi than Libya included Belgium ($143M), Tanzania ($72.8M), and Kenya ($58.8M).

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

Comparative Advantage Libya - Malawi

Flow
Scale

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

During 2015, Libya had a large net trade with Malawi in the exports of .

During 2004, Malawi had a large net trade with Libya in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Malawi+$1.76kGold
Top Product Potential Malawi Libya+$2.01kGold

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

Product Space of Libya (Flag) and Malawi (Flag) (2015)

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