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2022
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Exports $9.26BRnk 1 / 79
2022
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Top Product $6.06BCrude Petroleum
2022
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Exports $2.28BRnk 46 / 221
2022
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Top Product $1.48BRefined Petroleum
2022
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Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH-50.6%CURRENT US$
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2022
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 GDP$2.01TCURRENT US$
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2012-2022
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GDP GROWTH-3.67%CURRENT US$
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2022
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GDP PC $6,716CURRENT US$
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2012-2022
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GDP PC GROWTH-57.4%CURRENT US$
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2022
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GDP PC$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Libya-Italy In 2022, Libya exported $9.26B to Italy. The main products that Libya exported to Italy are Crude Petroleum ($6.06B), Petroleum Gas ($2.95B), and Refined Petroleum ($160M). During the last 27 years the exports of Libya to Italy have increased at an annualized rate of 3.87%, from $3.32B in 1995 to $9.26B in 2022.

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

Italy-Libya In 2022, Italy exported $2.28B to Libya. The main products that Italy exported to Libya were Refined Petroleum ($1.48B), Insulated Wire ($74.5M), and Processed Tomatoes ($66.4M). During the last 27 years the exports of Italy to Libya have increased at an annualized rate of 3.29%, from $953M in 1995 to $2.28B in 2022.

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

Comparison In 2022,  Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $9.26B to Italy. The main products exported from Libya to Italy were Crude Petroleum ($6.06B), Petroleum Gas ($2.95B), and Refined Petroleum ($160M). During the last 27 years the exports of Libya to Italy have increased at an annualized rate of 3.87%, from $3.32B in 1995 to $9.26B in 2022.

In 2022, Italy exported $2.28B to Libya. The main products exported from Italy to Libya were Refined Petroleum ($1.48B), Insulated Wire ($74.5M), and Processed Tomatoes ($66.4M). During the last 27 years the exports of Italy to Libya have increased at an annualized rate of 3.29%, from $953M in 1995 to $2.28B in 2022.

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

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

Latest Data

Trade between Libya (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Italy
Top DestinationGermany$78.5B

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

In 2019, no countries were registered that imported more from Libya than from Italy.

In 2021, countries that imported more from Italy than Libya were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Libya - Italy

Flow
Scale

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

During 2022, Libya had a large net trade with Italy in the exports of Mineral Products ($9.17B), Metals ($48.3M), and Chemical Products ($38.7M).

During 2022, Italy had a large net trade with Libya in the exports of Mineral Products ($1.48B), Machines ($322M), and Foodstuffs ($137M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Libya has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Libya.

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

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