Libya (LBY) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Libya-Netherlands Trade: In 2022, Libya exported $1.61B to Netherlands. The main products that Libya exported to Netherlands were Crude Petroleum ($1.59B), Refined Petroleum ($16.2M), and Gas Turbines ($263k). Over the past 5 years the exports of Libya to Netherlands have increased at an annualized rate of 20.9%, from $624M in 2017 to $1.61B in 2022.

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

Netherlands-Libya Trade: In 2022, Netherlands exported $360M to Libya. The main products that Netherlands exported to Libya were Refined Petroleum ($109M), Malt Extract ($34.5M), and Concentrated Milk ($25M). Over the past 5 years the exports of Netherlands to Libya have increased at an annualized rate of 8.76%, from $218M in 2017 to $360M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Libya exported $1.61B to Netherlands. The main products exported from Libya to Netherlands were Crude Petroleum ($1.59B), Refined Petroleum ($16.2M), and Gas Turbines ($263k). During the last 5 years the exports of Libya to Netherlands have increased at an annualized rate of 20.9%, from $624M in 2017 to $1.61B in 2022.

In 2017, Netherlands exported $360M to Libya. The main products exported from Netherlands to Libya were Refined Petroleum ($109M), Malt Extract ($34.5M), and Concentrated Milk ($25M). During the last 5 years the exports of Netherlands to Libya have increased at an annualized rate of 8.76%, from $218M in 2022 to $360M in 2017.

Exports from Libya () to Netherlands () (2022)

Exports from Netherlands () to Libya () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Libya than Netherlands included Thailand ($1.67B).

In 2022, countries that imported more from Netherlands than Libya included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Libya - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Libya had a large net trade with Netherlands in the exports of Mineral Products ($1.61B), Machines ($336k), and Instruments ($333k).

During 2017, Netherlands had a large net trade with Libya in the exports of Mineral Products ($109M), Foodstuffs ($55.5M), and Machines ($54.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Netherlands+$287MCrude Petroleum

Top Product Potential Netherlands Libya+$77.6MRefined 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Libya () to Netherlands () (2022)

Exports from Netherlands () to Libya () (2022)

Market Competitiveness

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

Comparative Advantage Libya - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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