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2022
Flag → Flag
Exports $119MRnk 17 / 79
2022
Flag → Flag
Top Product $293MCrude Petroleum
2022
Flag → Flag
Exports $39.7MRnk 106 / 217
2022
Flag → Flag
Top Product $15.2MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
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
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 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $6,716CURRENT US$
Rnk 97 / 186
2012-2022
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GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Libya-Sweden Trade: In 2022, Libya exported $119M to Sweden. The main products that Libya exported to Sweden were Crude Petroleum ($293M), Refined Petroleum ($9.72M), and Tropical Fruits ($36.7k). Over the past 5 years the exports of Libya to Sweden have increased at an annualized rate of 87.6%, from $5.12M in 2017 to $119M in 2022.

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

Sweden-Libya Trade: In 2022, Sweden exported $39.7M to Libya. The main products that Sweden exported to Libya were Sawn Wood ($15.2M), Iron Structures ($4.75M), and Fork-Lifts ($2.56M). Over the past 5 years the exports of Sweden to Libya have decreased at an annualized rate of 12.5%,  from $77.3M in 2017 to $39.7M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $119M to Sweden. The main products exported from Libya to Sweden were Crude Petroleum ($293M), Refined Petroleum ($9.72M), and Tropical Fruits ($36.7k). During the last 5 years the exports of Libya to Sweden have increased at an annualized rate of 87.6%, from $5.12M in 2017 to $119M in 2022.

In 2017, Sweden exported $39.7M to Libya. The main products exported from Sweden to Libya were Sawn Wood ($15.2M), Iron Structures ($4.75M), and Fork-Lifts ($2.56M). During the last 22 years the exports of Sweden to Libya have decreased at an annualized rate of 12.5%, from $77.3M in 1995 to $39.7M in 2017.

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

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

Latest Data

Trade between Libya (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Sweden
Top DestinationGermany$19.2B

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

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

In 2022, countries that imported more from Sweden than Libya included Norway ($18.7B), Germany ($19.2B), and United States ($17.8B).

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

Comparative Advantage Libya - Sweden

Flow
Scale

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

During 2022, Libya had a large net trade with Sweden in the exports of Mineral Products ($303M), Vegetable Products ($36.7k), and Textiles ($20k).

During 2017, Sweden had a large net trade with Libya in the exports of Wood Products ($15.8M), Machines ($6.21M), and Metals ($4.95M).

Economic Complexity

Competitive Landscape

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

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

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