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2022
Flag → Flag
Exports $255MRnk 34 / 191
2022
Flag → Flag
Top Product $103MCorn
2022
Flag → Flag
Exports $22.5MRnk 29 / 79
2022
Flag → Flag
Top Product $22.5MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
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GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
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GDP PC$6,716CURRENT US$
Rnk 97 / 186
2012-2022
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GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186

About

Ukraine-Libya Trade: In 2022, Ukraine exported $255M to Libya. The main products that Ukraine exported to Libya were Corn ($103M), Barley ($45.8M), and Wheat ($34M). Over the past 5 years the exports of Ukraine to Libya have increased at an annualized rate of 4.53%, from $204M in 2017 to $255M in 2022.

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

Libya-Ukraine Trade: In 2022, Libya exported $22.5M to Ukraine. The main products that Libya exported to Ukraine were Refined Petroleum ($22.5M). Over the past 5 years the exports of Libya to Ukraine have increased at an annualized rate of 190%,  from $110k in 2017 to $22.5M in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $255M to Libya. The main products exported from Ukraine to Libya were Corn ($103M), Barley ($45.8M), and Wheat ($34M). During the last 5 years the exports of Ukraine to Libya have increased at an annualized rate of 4.53%, from $204M in 2017 to $255M in 2022.

In 2017, Libya exported $22.5M to Ukraine. The main products exported from Libya to Ukraine were Refined Petroleum ($22.5M). During the last 5 years the exports of Libya to Ukraine have increased at an annualized rate of 190%, from $110k in 2022 to $22.5M in 2017.

Exports from Ukraine (Flag) to Libya (Flag) (2022)

Exports from Libya (Flag) to Ukraine (Flag) (2022)

Latest Data

Trade between Ukraine (Flag) and Libya (Flag)

Ukraine Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Ukraine than Libya included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

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

Comparative Advantage Ukraine - Libya

Flow
Scale

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

During 2022, Ukraine had a large net trade with Libya in the exports of Vegetable Products ($183M), Metals ($29.5M), and Animal and Vegetable Bi-Products ($27.6M).

During 2017, Libya had a large net trade with Ukraine in the exports of Mineral Products ($22.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Libya+$4.23kSeed Oils
Top Product Potential Libya Ukraine+$6.43kCrude Petroleum

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

Product Space of Ukraine (Flag) and Libya (Flag) (2022)

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