Libya (LBY) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Libya-New Zealand Trade: In 2022, Libya exported $465 to New Zealand. The main products that Libya exported to New Zealand were Insulated Wire ($454) and Other Hand Tools ($11). Over the past 5 years the exports of Libya to New Zealand have increased at an annualized rate of 44.8%, from $73 in 2017 to $465 in 2022.

In 2022, Libya did not export any services to New Zealand.

New Zealand-Libya Trade: In 2022, New Zealand exported $82.6M to Libya. The main products that New Zealand exported to Libya were Concentrated Milk ($58.3M), Butter ($21.5M), and Cheese ($1.78M). Over the past 5 years the exports of New Zealand to Libya have increased at an annualized rate of 9.89%, from $29.3M in 2017 to $82.6M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Libya exported $465 to New Zealand. The main products exported from Libya to New Zealand were Insulated Wire ($454) and Other Hand Tools ($11). During the last 5 years the exports of Libya to New Zealand have increased at an annualized rate of 44.8%, from $73 in 2017 to $465 in 2022.

In 2017, New Zealand exported $82.6M to Libya. The main products exported from New Zealand to Libya were Concentrated Milk ($58.3M), Butter ($21.5M), and Cheese ($1.78M). During the last 5 years the exports of New Zealand to Libya have increased at an annualized rate of 9.89%, from $29.3M in 2022 to $82.6M in 2017.

Exports from Libya () to New Zealand () (2022)

Exports from New Zealand () to Libya () (2022)

Latest Data

Trade between Libya () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

New Zealand
Top DestinationChina$13.1B

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

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

In 2022, countries that imported more from New Zealand than Libya included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Libya () (2022)

Comparative Advantage Libya - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Libya had a large net trade with New Zealand in the exports of Machines ($454) and Metals ($11).

During 2017, New Zealand had a large net trade with Libya in the exports of Animal Products ($82.2M), Chemical Products ($255k), and Instruments ($143k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya New Zealand+$5.34kCrude Petroleum

Top Product Potential New Zealand Libya+$1.24MCheese

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

About

Historical Data

Bilateral Trade by Products

Exports from Libya () to New Zealand () (2022)

Exports from New Zealand () to Libya () (2022)

Latest Data

Trade between Libya () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Libya () (2022)

Comparative Advantage Libya - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and New Zealand () (2022)

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