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2017
Flag → Flag
Exports $1.44kRnk 13 / 0
2017
Flag → Flag
Exports $18.4MRnk 3 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 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$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Libya-Vietnam Trade: In 2017, Libya exported $1.44k to Vietnam. The main products that Libya exported to Vietnam were N/A. Over the past 8 years the exports of Libya to Vietnam have decreased at an annualized rate of 24.3%, from $13.4k in 2009 to $1.44k in 2017.

In 2017, Libya did not export any services to Vietnam.

Vietnam-Libya Trade: In 2017, Vietnam exported $18.4M to Libya. The main products that Vietnam exported to Libya were N/A. Over the past 8 years the exports of Vietnam to Libya have decreased at an annualized rate of 3.21%,  from $27.2M in 2009 to $18.4M in 2017.

In 2017, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Libya exported $1.44k to Vietnam. There were not main exports from Libya to Vietnam in 2017. During the last 8 years the exports of Libya to Vietnam have decreased at an annualized rate of 24.3%, from $13.4k in 2009 to $1.44k in 2017.

In 2012, Vietnam exported $18.4M to Libya. There were not main exports from Vietnam to Libya in 2012. During the last 5 years the exports of Vietnam to Libya have decreased at an annualized rate of 3.21%, from $27.2M in 2017 to $18.4M in 2012.

Exports from Libya (Flag) to Vietnam (Flag) (2017)

Exports from Vietnam (Flag) to Libya (Flag) (2017)

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Libya than Vietnam included Italy ($9.26B), Greece ($2.25B), and Tunisia ($168M).

In 2022, countries that imported more from Vietnam than Libya included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Libya - Vietnam

Flow
Scale

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

During 2017, Libya had a large net trade with Vietnam in the exports of .

During 2012, Vietnam had a large net trade with Libya in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Vietnam+$10.1kCrude Petroleum
Top Product Potential Vietnam Libya+$7.41kTelephones

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

Product Space of Libya (Flag) and Vietnam (Flag) (2017)

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