GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186
GDP$45.8BCURRENT US$Rnk 91 / 186 GDP GROWTH-50.6%CURRENT US$Rnk 186 / 186 GDP PC $462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186GDP PC$6,716CURRENT US$Rnk 97 / 186GDP PC GROWTH-57.4%CURRENT US$Rnk 185 / 186In N/A, Somalia did not export any services to Libya.
Libya-Somalia In false, Libya did not export any products to Somalia.
In N/A, Libya did not export any services to Somalia.
Comparison In 2022, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. That same year, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).
This map shows whether countries import more from Somalia or Libya. Each country is colored based on the difference in imports they receive from Somalia and Libya or the difference in the growth in imports.
In 2022, countries that imported more from Somalia than Libya included Oman ($173M), Kuwait ($13.5M), and Bahrain ($9M).
In 2022, countries that imported more from Libya than Somalia included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).
) and Somalia () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Somalia and Libya. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Somalia.
) and Libya () (2008)
Chat OEC
Company Explorer
Trend Explorer
Tree map
Stacked
Network
Map
Scatter
