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2022
Flag → Flag
Exports $14.8MRnk 130 / 210
2022
Flag → Flag
Top Product $6.72MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $90.1kRnk 53 / 79
2022
Flag → Flag
Top Product $48.6kScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 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 PC$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186

About

Chinese Taipei-Libya Trade: In 2022, Chinese Taipei exported $14.8M to Libya. The main products that Chinese Taipei exported to Libya were Motor vehicles; parts and accessories (8701 to 8705) ($6.72M), Electrical Lighting and Signalling Equipment ($1.36M), and Iron Fasteners ($687k). Over the past 5 years the exports of Chinese Taipei to Libya have increased at an annualized rate of 4%, from $12.2M in 2017 to $14.8M in 2022.

In 2022, Chinese Taipei did not export any services to Libya.

Libya-Chinese Taipei Trade: In 2022, Libya exported $90.1k to Chinese Taipei. The main products that Libya exported to Chinese Taipei were Scrap Iron ($48.6k), Fish Fillets ($39.3k), and Precious Stones ($2.18k). Over the past 5 years the exports of Libya to Chinese Taipei have decreased at an annualized rate of 46.4%,  from $2.03M in 2017 to $90.1k in 2022.

In 2022, Libya did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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
Value

In 2022, Chinese Taipei exported $14.8M to Libya. The main products exported from Chinese Taipei to Libya were Motor vehicles; parts and accessories (8701 to 8705) ($6.72M), Electrical Lighting and Signalling Equipment ($1.36M), and Iron Fasteners ($687k). During the last 5 years the exports of Chinese Taipei to Libya have increased at an annualized rate of 4%, from $12.2M in 2017 to $14.8M in 2022.

In 2017, Libya exported $90.1k to Chinese Taipei. The main products exported from Libya to Chinese Taipei were Scrap Iron ($48.6k), Fish Fillets ($39.3k), and Precious Stones ($2.18k). During the last 5 years the exports of Libya to Chinese Taipei have decreased at an annualized rate of 46.4%, from $2.03M in 2022 to $90.1k in 2017.

Exports from Chinese Taipei (Flag) to Libya (Flag) (2022)

Exports from Libya (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Chinese Taipei than Libya included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

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

Difference in imports from Libya (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Libya

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Libya in the exports of Transportation ($6.83M), Machines ($3.42M), and Metals ($2.14M).

During 2017, Libya had a large net trade with Chinese Taipei in the exports of Metals ($48.6k), Animal Products ($39.3k), and Precious Metals ($2.18k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Libya (Flag) (2022)

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