Belarus (BLR) and Libya (LBY) Trade | The Observatory of Economic Complexity

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Belarus-Libya Trade: In 2021, Belarus exported $2.21M to Libya. The main products that Belarus exported to Libya were N/A. Over the past 5 years the exports of Belarus to Libya have increased at an annualized rate of 32.1%, from $548k in 2016 to $2.21M in 2021.

In 2014, Belarus exported services to Libya worth $73.6k, with Government services, n.i.e. ($64.2k) and Insurance services ($9.44k) being the largest in terms of value.

Libya-Belarus Trade: In 2021, Libya exported $100 to Belarus. The main products that Libya exported to Belarus were N/A. Over the past 5 years the exports of Libya to Belarus have increased at an annualized rate of 1.58%, from $91 in 2016 to $100 in 2021.

In 2021, Libya did not export any services to Belarus.

Comparison: In 2022, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Belarus exported $2.21M to Libya. There were not main exports from Belarus to Libya in 2021. During the last 5 years the exports of Belarus to Libya have increased at an annualized rate of 32.1%, from $548k in 2016 to $2.21M in 2021.

In 2015, Libya exported $100 to Belarus. There were not main exports from Libya to Belarus in 2015. During the last 5 years the exports of Libya to Belarus have increased at an annualized rate of 1.58%, from $91 in 2020 to $100 in 2015.

Exports from Belarus () to Libya () (2021)

Exports from Libya () to Belarus () (2021)

Latest Data

Trade between Belarus () and Libya ()

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belarus
Top DestinationChina$1.6B

Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Belarus than Libya included Ukraine ($1.29B), Poland ($933M), and Kazakhstan ($827M).

In 2022, countries that imported more from Libya than Belarus included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

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

Comparative Advantage Belarus - Libya

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Belarus had a large net trade with Libya in the exports of .

During 2015, Libya had a large net trade with Belarus in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Belarus Libya+$3.16kRefined Petroleum

Top Product Potential Libya Belarus+$4.54kCrude 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

Year

This visualization shows the product space at the HS4 level with the flags of Belarus and Libya. This means that a dot/product with the flag of Belarus indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Belarus.

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Historical Data

Bilateral Trade by Products

Exports from Belarus () to Libya () (2021)

Exports from Libya () to Belarus () (2021)

Latest Data

Trade between Belarus () and Libya ()

Belarus Exports

Market Competitiveness

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

Comparative Advantage Belarus - Libya

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belarus () and Libya () (2021)

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