Libya (LBY) and Benin (BEN) Trade | The Observatory of Economic Complexity

About

Libya-Benin In 2022, Libya exported $3.6k to Benin. The main products that Libya exported to Benin are Delivery Trucks ($3.11k) and Liquid Pumps ($490). During the last 24 years the exports of Libya to Benin have decreased at an annualized rate of 14%, from $134k in 1998 to $3.6k in 2022.

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

Benin-Libya In 2022, Benin exported $214k to Libya. The main products that Benin exported to Libya were Soups and Broths ($204k) and Other Processed Fruits and Nuts ($10.3k). During the last 24 years the exports of Benin to Libya have increased at an annualized rate of 14.6%, from $8.18k in 1998 to $214k in 2022.

In 2022, Benin 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, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Libya exported $3.6k to Benin. The main products exported from Libya to Benin were Delivery Trucks ($3.11k) and Liquid Pumps ($490). During the last 24 years the exports of Libya to Benin have decreased at an annualized rate of 14%, from $134k in 1998 to $3.6k in 2022.

In 2022, Benin exported $214k to Libya. The main products exported from Benin to Libya were Soups and Broths ($204k) and Other Processed Fruits and Nuts ($10.3k). During the last 20 years the exports of Benin to Libya have increased at an annualized rate of 14.6%, from $8.18k in 2002 to $214k in 2022.

Exports from Libya () to Benin () (2022)

Exports from Benin () to Libya () (2022)

Latest Data

Trade between Libya () and Benin ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Benin
Top DestinationIndia$448M

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

In 2021, countries that imported more from Libya than Benin were Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

In 2021, countries that imported more from Benin than Libya were Bangladesh ($406M), Togo ($35.9M), and Chad ($28M).

Difference in imports from Benin () and Libya () (2022)

Comparative Advantage Libya - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Libya had a large net trade with Benin in the exports of Transportation ($3.11k) and Machines ($490).

During 2022, Benin had a large net trade with Libya in the exports of Foodstuffs ($214k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Libya () to Benin () (2022)

Exports from Benin () to Libya () (2022)

Latest Data

Trade between Libya () and Benin ()

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Libya () (2022)

Comparative Advantage Libya - Benin

Economic Complexity

Competitive Landscape

Product Space of Libya () and Benin () (2022)

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