2022
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GDP
$45.8BCURRENT US$
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2012-2022
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GDP GROWTH
-50.6%CURRENT US$
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2022
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 GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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GDP PC 
$6,716CURRENT US$
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2012-2022
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GDP PC GROWTH
-57.4%CURRENT US$
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2022
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GDP PC
$7,126CURRENT US$
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GDP PC GROWTH
10%CURRENT US$
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About

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

Peru-Libya Trade: In N/A, Peru exported $1.44M to Libya. The main products that Peru exported to Libya were N/A. Over the past N/A years the exports of Peru to Libya have increased at an annualized rate of 1.01%,  from $1.35M in N/A to $1.44M in N/A.

In N/A, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

Libya does not register exports to Peru. The main products exported from Libya to Peru were Other Rubber Products ($2.28k).

In 2017, Peru exported $1.44M to Libya. There were not main exports from Peru to Libya in 2017. During the last 5 years the exports of Peru to Libya have increased at an annualized rate of 1.01%, from $1.35M in 2022 to $1.44M in 2017.

Exports from Libya (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to Libya (Flag) (2022)

Latest Data

Trade between Libya (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Libya than Peru included Italy ($9.26B), Germany ($3.32B), and Greece ($2.25B).

In 2022, countries that imported more from Peru than Libya included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Libya - Peru

Flow
Scale

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

During 2017, Peru had a large net trade with Libya in the exports of Vegetable Products ($930k), Animal Products ($490k), and Chemical Products ($18.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Peru+$7.62kCrude Petroleum
Top Product Potential Peru Libya+$188kConcentrated Milk

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

Product Space of Libya (Flag) and Peru (Flag) (2022)

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