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
Flag
 GDP
$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH
67.8%CURRENT US$
Rnk 31 / 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
$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH
43.9%CURRENT US$
Rnk 43 / 186

About

Libya-Pakistan Trade: In 2022, Libya exported $12.5M to Pakistan. The main products that Libya exported to Pakistan were Refined Petroleum ($10.2M), Scrap Iron ($2.05M), and Wool ($225k). Over the past 5 years the exports of Libya to Pakistan have increased at an annualized rate of 9.78%, from $7.87M in 2017 to $12.5M in 2022.

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

Pakistan-Libya Trade: In 2022, Pakistan exported $9.27M to Libya. The main products that Pakistan exported to Libya were Awnings, Tents, and Sails ($2.72M), Tropical Fruits ($1.56M), and Styrene Polymers ($409k). Over the past 5 years the exports of Pakistan to Libya have increased at an annualized rate of 5.4%,  from $4.93M in 2017 to $9.27M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $12.5M to Pakistan. The main products exported from Libya to Pakistan were Refined Petroleum ($10.2M), Scrap Iron ($2.05M), and Wool ($225k). During the last 5 years the exports of Libya to Pakistan have increased at an annualized rate of 9.78%, from $7.87M in 2017 to $12.5M in 2022.

In 2017, Pakistan exported $9.27M to Libya. The main products exported from Pakistan to Libya were Awnings, Tents, and Sails ($2.72M), Tropical Fruits ($1.56M), and Styrene Polymers ($409k). During the last 5 years the exports of Pakistan to Libya have increased at an annualized rate of 5.4%, from $4.93M in 2022 to $9.27M in 2017.

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

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

Latest Data

Trade between Libya (Flag) and Pakistan (Flag)

Pakistan Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Pakistan
Top Destination
United States$6.47B

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

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

In 2022, countries that imported more from Pakistan than Libya included United States ($6.47B), United Kingdom ($2.41B), and Afghanistan ($975M).

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

Comparative Advantage Libya - Pakistan

Flow
Scale

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

During 2022, Libya had a large net trade with Pakistan in the exports of Mineral Products ($10.2M), Metals ($2.07M), and Textiles ($225k).

During 2017, Pakistan had a large net trade with Libya in the exports of Textiles ($3.69M), Vegetable Products ($1.99M), and Chemical Products ($1.27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Pakistan+$9.85MRefined Petroleum
Top Product Potential Pakistan Libya+$570kPackaged Medicaments

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

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

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