2022
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GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
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 PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
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GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 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

Austria-Libya In 2022, Austria exported $50.1M to Libya. The main products that Austria exported to Libya are Flavored Water ($14.9M), Cheese ($12.1M), and Other Printed Material ($5.05M). During the last 27 years the exports of Austria to Libya have decreased at an annualized rate of 1.01%, from $65.8M in 1995 to $50.1M in 2022.

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

Libya-Austria In 2022, Libya exported $674M to Austria. The main products that Libya exported to Austria were Crude Petroleum ($674M), Orthopedic Appliances ($243k), and Brochures ($5.85k). During the last 27 years the exports of Libya to Austria have increased at an annualized rate of 5.16%, from $173M in 1995 to $674M in 2022.

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

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $50.1M to Libya. The main products exported from Austria to Libya were Flavored Water ($14.9M), Cheese ($12.1M), and Other Printed Material ($5.05M). During the last 27 years the exports of Austria to Libya have decreased at an annualized rate of 1.01%, from $65.8M in 1995 to $50.1M in 2022.

In 2022, Libya exported $674M to Austria. The main products exported from Libya to Austria were Crude Petroleum ($674M), Orthopedic Appliances ($243k), and Brochures ($5.85k). During the last 27 years the exports of Libya to Austria have increased at an annualized rate of 5.16%, from $173M in 1995 to $674M in 2022.

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

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

Latest Data

Trade between Austria (Flag) and Libya (Flag)

Austria Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Libya
Top Destination
Italy$9.26B

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

In 2021, countries that imported more from Austria than Libya were Germany ($57.7B), United States ($14.4B), and Switzerland ($11.2B).

In 2021, countries that imported more from Libya than Austria were Greece ($2.25B), Thailand ($1.67B), and United Arab Emirates ($1.63B).

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

Comparative Advantage Austria - Libya

Flow
Scale

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

During 2022, Austria had a large net trade with Libya in the exports of Foodstuffs ($18.6M), Animal Products ($12.3M), and Paper Goods ($7.79M).

During 2022, Libya had a large net trade with Austria in the exports of Mineral Products ($674M), Instruments ($243k), and Paper Goods ($5.85k).

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 Austria has comparative advantage over Libya. Similarly, the more yellow a dot/product is, the more Libya has comparative advantage over Austria.

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

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