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
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 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
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186

About

Libya-Slovakia Trade: In 2022, Libya exported $5.31k to Slovakia. The main products that Libya exported to Slovakia were Iron Reductions ($457k), Beauty Products ($1.1k), and Shaving Products ($503). Over the past 5 years the exports of Libya to Slovakia have decreased at an annualized rate of 7.34%, from $7.78k in 2017 to $5.31k in 2022.

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

Slovakia-Libya Trade: In 2022, Slovakia exported $1.04M to Libya. The main products that Slovakia exported to Libya were Cars ($2.99M), Lifting Machinery ($2.37M), and Sawn Wood ($201k). Over the past 5 years the exports of Slovakia to Libya have increased at an annualized rate of 13.7%,  from $546k in 2017 to $1.04M in 2022.

In 2022, Slovakia 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $5.31k to Slovakia. The main products exported from Libya to Slovakia were Iron Reductions ($457k), Beauty Products ($1.1k), and Shaving Products ($503). During the last 5 years the exports of Libya to Slovakia have decreased at an annualized rate of 7.34%, from $7.78k in 2017 to $5.31k in 2022.

In 2017, Slovakia exported $1.04M to Libya. The main products exported from Slovakia to Libya were Cars ($2.99M), Lifting Machinery ($2.37M), and Sawn Wood ($201k). During the last 22 years the exports of Slovakia to Libya have increased at an annualized rate of 13.7%, from $546k in 1995 to $1.04M in 2017.

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

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

Latest Data

Trade between Libya (Flag) and Slovakia (Flag)

Slovakia Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Libya than Slovakia included Italy ($9.26B), Greece ($2.25B), and Thailand ($1.67B).

In 2022, countries that imported more from Slovakia than Libya included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

Comparative Advantage Libya - Slovakia

Flow
Scale

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

During 2022, Libya had a large net trade with Slovakia in the exports of Metals ($457k) and Chemical Products ($1.6k).

During 2017, Slovakia had a large net trade with Libya in the exports of Transportation ($3.03M), Machines ($2.6M), and Wood Products ($201k).

Economic Complexity

Competitive Landscape

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

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

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