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Pricing

2022
Flag → Flag
Exports $3.1kRnk 61 / 79
2022
Flag → Flag
Top Product $2.73kNavigation Equipment
2022
Flag → Flag
Exports $309kRnk 155 / 205
2022
Flag → Flag
Top Product $109kAir Conditioners
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Libya-Philippines Trade: In 2022, Libya exported $3.1k to Philippines. The main products that Libya exported to Philippines were Navigation Equipment ($2.73k), Medical Instruments ($126), and Trunks and Cases ($84). Over the past 9 years the exports of Libya to Philippines have decreased at an annualized rate of 19.1%, from $20.9k in 2013 to $3.1k in 2022.

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

Philippines-Libya Trade: In 2022, Philippines exported $309k to Libya. The main products that Philippines exported to Libya were Air Conditioners ($109k), Office Machine Parts ($87.6k), and Base Metal Watches ($40.3k). Over the past 9 years the exports of Philippines to Libya have increased at an annualized rate of 55.9%,  from $33.5k in 2013 to $309k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $3.1k to Philippines. The main products exported from Libya to Philippines were Navigation Equipment ($2.73k), Medical Instruments ($126), and Trunks and Cases ($84). During the last 9 years the exports of Libya to Philippines have decreased at an annualized rate of 19.1%, from $20.9k in 2013 to $3.1k in 2022.

In 2017, Philippines exported $309k to Libya. The main products exported from Philippines to Libya were Air Conditioners ($109k), Office Machine Parts ($87.6k), and Base Metal Watches ($40.3k). During the last 5 years the exports of Philippines to Libya have increased at an annualized rate of 55.9%, from $33.5k in 2022 to $309k in 2017.

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

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

Latest Data

Trade between Libya (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Libya than Philippines included Italy ($9.26B), Spain ($3.48B), and Greece ($2.25B).

In 2022, countries that imported more from Philippines than Libya included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Libya - Philippines

Flow
Scale

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

During 2022, Libya had a large net trade with Philippines in the exports of Machines ($2.73k), Instruments ($126), and Textiles ($85).

During 2017, Philippines had a large net trade with Libya in the exports of Machines ($235k), Instruments ($40.3k), and Miscellaneous ($29.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Philippines+$5.76kCrude Petroleum
Top Product Potential Philippines Libya+$4.04kRefined 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

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

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

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