2022
Flag  
GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 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
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186

About

Libya-Rwanda Trade: In 2017, Libya exported $43.8k to Rwanda. The main products that Libya exported to Rwanda were N/A. Over the past 16 years the exports of Libya to Rwanda have increased at an annualized rate of 3.46%, from $25.4k in 2001 to $43.8k in 2017.

In 2017, Libya did not export any services to Rwanda.

Rwanda-Libya In N/A, Rwanda did not export any products to Libya.

In 2017, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Libya exported $43.8k to Rwanda. There were not main exports from Libya to Rwanda in 2017. During the last 16 years the exports of Libya to Rwanda have increased at an annualized rate of 3.46%, from $25.4k in 2001 to $43.8k in 2017.

Rwanda does not register exports to Libya. The main products exported from Rwanda to Libya were Iron Housewares ($1.01k), Air Pumps ($404), and Sports Equipment ($202).

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

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

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Rwanda
Top Destination
United Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Libya included Democratic Republic of the Congo ($450M), Ethiopia ($55.2M), and Hong Kong ($39.9M).

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

Comparative Advantage Libya - Rwanda

Flow
Scale

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

During 2017, Libya had a large net trade with Rwanda in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Rwanda+$1.9kPetroleum Gas
Top Product Potential Rwanda Libya+$2.27kGold

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

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

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