Singapore (SGP) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Singapore-Libya Trade: In 2022, Singapore exported $13.4M to Libya. The main products that Singapore exported to Libya were Liquid Pumps ($1.59M), Hair Products ($1.52M), and Electric Motor Parts ($1.51M). Over the past 5 years the exports of Singapore to Libya have increased at an annualized rate of 18.5%, from $5.72M in 2017 to $13.4M in 2022.

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

Libya-Singapore Trade: In 2022, Libya exported $323M to Singapore. The main products that Libya exported to Singapore were Crude Petroleum ($240M), Refined Petroleum ($83.8M), and Coin ($702). Over the past 5 years the exports of Libya to Singapore have increased at an annualized rate of 29.9%, from $87.5M in 2017 to $323M in 2022.

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

Comparison: In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $13.4M to Libya. The main products exported from Singapore to Libya were Liquid Pumps ($1.59M), Hair Products ($1.52M), and Electric Motor Parts ($1.51M). During the last 5 years the exports of Singapore to Libya have increased at an annualized rate of 18.5%, from $5.72M in 2017 to $13.4M in 2022.

In 2017, Libya exported $323M to Singapore. The main products exported from Libya to Singapore were Crude Petroleum ($240M), Refined Petroleum ($83.8M), and Coin ($702). During the last 5 years the exports of Libya to Singapore have increased at an annualized rate of 29.9%, from $87.5M in 2022 to $323M in 2017.

Exports from Singapore () to Libya () (2022)

Exports from Libya () to Singapore () (2022)

Latest Data

Trade between Singapore () and Libya ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Singapore than Libya included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Difference in imports from Libya () and Singapore () (2022)

Comparative Advantage Singapore - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Libya in the exports of Machines ($6.44M), Chemical Products ($3.47M), and Foodstuffs ($1.23M).

During 2017, Libya had a large net trade with Singapore in the exports of Mineral Products ($323M), Precious Metals ($702), and Metals ($159).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Singapore () to Libya () (2022)

Exports from Libya () to Singapore () (2022)

Latest Data

Trade between Singapore () and Libya ()

Singapore Exports

Market Competitiveness

Difference in imports from Libya () and Singapore () (2022)

Comparative Advantage Singapore - Libya

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Singapore () and Libya () (2022)

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