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Pricing

2022
Flag → Flag
Exports $2.24BRnk 7 / 79
2022
Flag → Flag
Top Product $2.24BCrude Petroleum
2022
Flag → Flag
Exports $284MRnk 122 / 219
2022
Flag → Flag
Top Product $119MCars
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 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$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Libya-United States Trade: In 2022, Libya exported $2.24B to United States. The main products that Libya exported to United States were Crude Petroleum ($2.24B), Refined Petroleum ($4.92M), and Collector's Items ($247k). Over the past 5 years the exports of Libya to United States have increased at an annualized rate of 24.6%, from $746M in 2017 to $2.24B in 2022.

In 2022, Libya did not export any services to United States.

United States-Libya Trade: In 2022, United States exported $284M to Libya. The main products that United States exported to Libya were Cars ($119M), Other Nuts ($18.2M), and Electric Generating Sets ($16.3M). Over the past 5 years the exports of United States to Libya have increased at an annualized rate of 16.6%,  from $132M in 2017 to $284M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $2.24B to United States. The main products exported from Libya to United States were Crude Petroleum ($2.24B), Refined Petroleum ($4.92M), and Collector's Items ($247k). During the last 5 years the exports of Libya to United States have increased at an annualized rate of 24.6%, from $746M in 2017 to $2.24B in 2022.

In 2017, United States exported $284M to Libya. The main products exported from United States to Libya were Cars ($119M), Other Nuts ($18.2M), and Electric Generating Sets ($16.3M). During the last 5 years the exports of United States to Libya have increased at an annualized rate of 16.6%, from $132M in 2022 to $284M in 2017.

Exports from Libya (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Libya (Flag) (2022)

Latest Data

Trade between Libya (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
United States
Top DestinationCanada$308B

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

In 2022, no countries were registered that imported more from Libya than from United States.

In 2022, countries that imported more from United States than Libya included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Libya (Flag) (2022)

Comparative Advantage Libya - United States

Flow
Scale

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

During 2022, Libya had a large net trade with United States in the exports of Mineral Products ($2.24B), Arts and Antiques ($251k), and Plastics and Rubbers ($60.2k).

During 2017, United States had a large net trade with Libya in the exports of Transportation ($133M), Machines ($53.6M), and Vegetable Products ($24.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya United States+$1.05BCrude Petroleum
Top Product Potential United States Libya+$23.9MCars

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

Product Space of Libya (Flag) and United States (Flag) (2022)

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