2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 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 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 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

Philippines-Libya Trade: In 2022, Philippines exported $309k to Libya. The main products that Philippines exported to Libya were Air Conditioners ($109k), Office Machine Parts ($87.6k), and Base Metal Watches ($40.3k). Over the past 5 years the exports of Philippines to Libya have increased at an annualized rate of 55.9%, from $33.5k in 2017 to $309k in 2022.

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

Libya-Philippines In N/A, Libya did not export any products to Philippines.

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

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). 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, Philippines exported $309k to Libya. The main products exported from Philippines to Libya were Air Conditioners ($109k), Office Machine Parts ($87.6k), and Base Metal Watches ($40.3k). During the last 5 years the exports of Philippines to Libya have increased at an annualized rate of 55.9%, from $33.5k in 2017 to $309k in 2022.

Libya does not register exports to Philippines. The main products exported from Libya to Philippines were Navigation Equipment ($2.73k), Medical Instruments ($126), and Trunks and Cases ($84).

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Libya
Top Destination
Italy$9.26B

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

In 2022, countries that imported more from Philippines than Libya included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

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

Comparative Advantage Philippines - Libya

Flow
Scale

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

During 2022, Philippines had a large net trade with Libya in the exports of Machines ($235k), Instruments ($40.3k), and Miscellaneous ($29.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Libya+$4.04kRefined Petroleum
Top Product Potential Libya Philippines+$5.76kCrude 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 Philippines and Libya. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Philippines.

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

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