Libya (LBY) and El Salvador (SLV) Trade | The Observatory of Economic Complexity

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Libya-El Salvador Trade: In 2021, Libya exported $89 to El Salvador. The main products that Libya exported to El Salvador were N/A. Over the past 23 years the exports of Libya to El Salvador have decreased at an annualized rate of 15.9%, from $4.75k in 1998 to $89 in 2021.

In 2021, Libya did not export any services to El Salvador.

El Salvador-Libya Trade: In 2021, El Salvador exported $119k to Libya. The main products that El Salvador exported to Libya were N/A. Over the past 23 years the exports of El Salvador to Libya have decreased at an annualized rate of 30.8%, from $749k in 1998 to $119k in 2021.

In 2021, El Salvador 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, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Libya exported $89 to El Salvador. There were not main exports from Libya to El Salvador in 2021. During the last 23 years the exports of Libya to El Salvador have decreased at an annualized rate of 15.9%, from $4.75k in 1998 to $89 in 2021.

In 2008, El Salvador exported $119k to Libya. There were not main exports from El Salvador to Libya in 2008. During the last 5 years the exports of El Salvador to Libya have decreased at an annualized rate of 30.8%, from $749k in 2013 to $119k in 2008.

Exports from Libya () to El Salvador () (2021)

Exports from El Salvador () to Libya () (2021)

Latest Data

Trade between Libya () and El Salvador ()

El Salvador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

El Salvador
Top DestinationUnited States$2.87B

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

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

In 2022, countries that imported more from El Salvador than Libya included Guatemala ($1.21B), Honduras ($1.18B), and United States ($2.87B).

Difference in imports from El Salvador () and Libya () (2022)

Comparative Advantage Libya - El Salvador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Libya had a large net trade with El Salvador in the exports of .

During 2008, El Salvador had a large net trade with Libya in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya El Salvador+$3.52kPetroleum Gas

Top Product Potential El Salvador Libya+$3.42kRefined 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Libya () to El Salvador () (2021)

Exports from El Salvador () to Libya () (2021)

Latest Data

Trade between Libya () and El Salvador ()

El Salvador Exports

Market Competitiveness

Difference in imports from El Salvador () and Libya () (2022)

Comparative Advantage Libya - El Salvador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and El Salvador () (2021)

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