2022
Flag  
GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
Rnk 185 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Libya-Germany Trade: In 2022, Libya exported $3.32B to Germany. The main products that Libya exported to Germany were Crude Petroleum ($3.28B), Refined Petroleum ($22.7M), and Iron Reductions ($17.9M). Over the past 5 years the exports of Libya to Germany have increased at an annualized rate of 75.6%, from $199M in 2017 to $3.32B in 2022.

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

Germany-Libya Trade: In 2022, Germany exported $567M to Libya. The main products that Germany exported to Libya were Gas Turbines ($92.8M), Packaged Medicaments ($42.5M), and Concentrated Milk ($38.9M). Over the past 5 years the exports of Germany to Libya have increased at an annualized rate of 11.2%,  from $334M in 2017 to $567M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $3.32B to Germany. The main products exported from Libya to Germany were Crude Petroleum ($3.28B), Refined Petroleum ($22.7M), and Iron Reductions ($17.9M). During the last 5 years the exports of Libya to Germany have increased at an annualized rate of 75.6%, from $199M in 2017 to $3.32B in 2022.

In 2017, Germany exported $567M to Libya. The main products exported from Germany to Libya were Gas Turbines ($92.8M), Packaged Medicaments ($42.5M), and Concentrated Milk ($38.9M). During the last 5 years the exports of Germany to Libya have increased at an annualized rate of 11.2%, from $334M in 2022 to $567M in 2017.

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

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

Latest Data

Trade between Libya (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Germany
Top Destination
United States$153B

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

In 2022, no countries were registered that imported more from Libya than from Germany.

In 2022, countries that imported more from Germany than Libya included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Libya - Germany

Flow
Scale

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

During 2022, Libya had a large net trade with Germany in the exports of Mineral Products ($3.3B), Metals ($17.9M), and Machines ($112k).

During 2017, Germany had a large net trade with Libya in the exports of Machines ($215M), Chemical Products ($84.7M), and Animal Products ($63.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Germany+$97.9MCrude Petroleum
Top Product Potential Germany Libya+$36.4MCars

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

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

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