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Flag → Flag
Exports $149Rnk 140 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 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$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 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$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

In N/A, Libya did not export any services to Nepal.

Nepal-Libya Trade: In N/A, Nepal exported $149 to Libya. The main products that Nepal exported to Libya were N/A. Over the past N/A years the exports of Nepal to Libya have decreased at an annualized rate of 41.4%,  from $90.1k in N/A to $149 in N/A.

In N/A, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Libya does not register exports to Nepal.

In 2011, Nepal exported $149 to Libya. There were not main exports from Nepal to Libya in 2011. During the last 5 years the exports of Nepal to Libya have decreased at an annualized rate of 41.4%, from $90.1k in 2016 to $149 in 2011.

Exports from Libya (Flag) to Nepal (Flag) (2020)

Exports from Nepal (Flag) to Libya (Flag) (2020)

Market Competitiveness

Color
Libya
Top DestinationItaly$7.96B
Nepal
Top DestinationIndia$811M

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

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

In 2023, countries that imported more from Nepal than Libya included India ($811M), Japan ($13M), and Canada ($11.1M).

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

Comparative Advantage Libya - Nepal

Flow
Scale

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

During 2011, Nepal had a large net trade with Libya in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Nepal+$4kPetroleum Gas
Top Product Potential Nepal Libya+$1.64kCoated Flat-Rolled Iron

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

Product Space of Libya (Flag) and Nepal (Flag) (2020)

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