2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
Rnk 185 / 186

About

Netherlands-Libya Trade: In 2022, Netherlands exported $360M to Libya. The main products that Netherlands exported to Libya were Refined Petroleum ($109M), Malt Extract ($34.5M), and Concentrated Milk ($25M). Over the past 5 years the exports of Netherlands to Libya have increased at an annualized rate of 10.6%, from $218M in 2017 to $360M in 2022.

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

Libya-Netherlands Trade: In 2022, Libya exported $1.61B to Netherlands. The main products that Libya exported to Netherlands were Crude Petroleum ($1.59B), Refined Petroleum ($16.2M), and Gas Turbines ($263k). Over the past 5 years the exports of Libya to Netherlands have increased at an annualized rate of 20.9%,  from $624M in 2017 to $1.61B in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, Netherlands exported $360M to Libya. The main products exported from Netherlands to Libya were Refined Petroleum ($109M), Malt Extract ($34.5M), and Concentrated Milk ($25M). During the last 5 years the exports of Netherlands to Libya have increased at an annualized rate of 10.6%, from $218M in 2017 to $360M in 2022.

In 2017, Libya exported $1.61B to Netherlands. The main products exported from Libya to Netherlands were Crude Petroleum ($1.59B), Refined Petroleum ($16.2M), and Gas Turbines ($263k). During the last 5 years the exports of Libya to Netherlands have increased at an annualized rate of 20.9%, from $624M in 2022 to $1.61B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Libya
Top Destination
Italy$9.26B

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

In 2022, countries that imported more from Netherlands than Libya included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Libya than Netherlands included Thailand ($1.67B).

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

Comparative Advantage Netherlands - Libya

Flow
Scale

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

During 2022, Netherlands had a large net trade with Libya in the exports of Mineral Products ($109M), Foodstuffs ($55.5M), and Machines ($54.1M).

During 2017, Libya had a large net trade with Netherlands in the exports of Mineral Products ($1.61B), Machines ($336k), and Instruments ($333k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Libya+$77.6MRefined Petroleum
Top Product Potential Libya Netherlands+$287MCrude Petroleum

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

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

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