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Pricing

2022
Flag → Flag
Exports $22.5MRnk 29 / 79
2022
Flag → Flag
Top Product $22.5MRefined Petroleum
2022
Flag → Flag
Exports $255MRnk 34 / 191
2022
Flag → Flag
Top Product $103MCorn
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 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
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Libya-Ukraine Trade: In 2022, Libya exported $22.5M to Ukraine. The main products that Libya exported to Ukraine were Refined Petroleum ($22.5M). Over the past 5 years the exports of Libya to Ukraine have increased at an annualized rate of 190%, from $110k in 2017 to $22.5M in 2022.

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

Ukraine-Libya Trade: In 2022, Ukraine exported $255M to Libya. The main products that Ukraine exported to Libya were Corn ($103M), Barley ($45.8M), and Wheat ($34M). Over the past 5 years the exports of Ukraine to Libya have increased at an annualized rate of 4.53%,  from $204M in 2017 to $255M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $22.5M to Ukraine. The main products exported from Libya to Ukraine were Refined Petroleum ($22.5M). During the last 5 years the exports of Libya to Ukraine have increased at an annualized rate of 190%, from $110k in 2017 to $22.5M in 2022.

In 2017, Ukraine exported $255M to Libya. The main products exported from Ukraine to Libya were Corn ($103M), Barley ($45.8M), and Wheat ($34M). During the last 5 years the exports of Ukraine to Libya have increased at an annualized rate of 4.53%, from $204M in 2022 to $255M in 2017.

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

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

Latest Data

Trade between Libya (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Ukraine
Top DestinationPoland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Libya included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Libya - Ukraine

Flow
Scale

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

During 2022, Libya had a large net trade with Ukraine in the exports of Mineral Products ($22.5M).

During 2017, Ukraine had a large net trade with Libya in the exports of Vegetable Products ($183M), Metals ($29.5M), and Animal and Vegetable Bi-Products ($27.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Ukraine+$6.43kCrude Petroleum
Top Product Potential Ukraine Libya+$4.23kSeed Oils

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

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

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