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2023
Flag → Flag
Exports $29MRnk 109 / 212
2023
Flag → Flag
Top Product $10MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $62.9kRnk 57 / 89
2023
Flag → Flag
Top Product $62.5kFish Fillets
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
GDP PC$6,173CURRENT US$
Rnk 112 / 196
2013-2023
Flag
GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195

About

Chinese Taipei-Libya Trade: In 2023, Chinese Taipei exported $29M to Libya. The main products that Chinese Taipei exported to Libya were Motor vehicles; parts and accessories (8701 to 8705) ($10M), Hot-Rolled Iron ($6.69M), and Cars ($1.96M). Over the past 5 years the exports of Chinese Taipei to Libya have decreased at an annualized rate of 1.38%, from $31.1M in 2018 to $29M in 2023.

In 2023, Chinese Taipei did not export any services to Libya.

Libya-Chinese Taipei Trade: In 2023, Libya exported $62.9k to Chinese Taipei. The main products that Libya exported to Chinese Taipei were Fish Fillets ($62.5k) and Pearl Products ($449). Over the past 5 years the exports of Libya to Chinese Taipei have decreased at an annualized rate of 72%,  from $36.7M in 2018 to $62.9k in 2023.

In 2023, Libya did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). That same year, Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $29M to Libya. The main products exported from Chinese Taipei to Libya were Motor vehicles; parts and accessories (8701 to 8705) ($10M), Hot-Rolled Iron ($6.69M), and Cars ($1.96M). During the last 5 years the exports of Chinese Taipei to Libya have decreased at an annualized rate of 1.38%, from $31.1M in 2018 to $29M in 2023.

In 2018, Libya exported $62.9k to Chinese Taipei. The main products exported from Libya to Chinese Taipei were Fish Fillets ($62.5k) and Pearl Products ($449). During the last 5 years the exports of Libya to Chinese Taipei have decreased at an annualized rate of 72%, from $36.7M in 2023 to $62.9k in 2018.

Exports from Chinese Taipei (Flag) to Libya (Flag) (2023)

Exports from Libya (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Libya
Top DestinationItaly$7.96B

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 2023, countries that imported more from Chinese Taipei than Libya included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Libya than Chinese Taipei included Italy ($7.96B), Greece ($2.2B), and Spain ($3.08B).

Difference in imports from Libya (Flag) and Chinese Taipei (Flag) (2023)

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 2023, Chinese Taipei had a large net trade with Libya in the exports of Transportation ($12.1M), Metals ($8.98M), and Machines ($5.69M).

During 2018, Libya had a large net trade with Chinese Taipei in the exports of Animal Products ($62.5k) and Precious Metals ($449).

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) (2023)

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