2022
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GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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 GDP
$45.8BCURRENT US$
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2012-2022
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GDP GROWTH
-50.6%CURRENT US$
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2022
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GDP PC 
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
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2022
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GDP PC
$6,716CURRENT US$
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2012-2022
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GDP PC GROWTH
-57.4%CURRENT US$
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About

Ireland-Libya Trade: In 2022, Ireland exported $37M to Libya. The main products that Ireland exported to Libya were Cheese ($12.9M), Bovine ($8.93M), and Butter ($5.25M). Over the past 5 years the exports of Ireland to Libya have increased at an annualized rate of 20.4%, from $14.6M in 2017 to $37M in 2022.

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

Libya-Ireland Trade: In 2022, Libya exported $106k to Ireland. The main products that Libya exported to Ireland were Chocolate ($51.8k), Non-Knit Women's Shirts ($21.7k), and Fruit Juice ($12.3k). Over the past 5 years the exports of Libya to Ireland have increased at an annualized rate of 12.1%,  from $60.1k in 2017 to $106k in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $37M to Libya. The main products exported from Ireland to Libya were Cheese ($12.9M), Bovine ($8.93M), and Butter ($5.25M). During the last 5 years the exports of Ireland to Libya have increased at an annualized rate of 20.4%, from $14.6M in 2017 to $37M in 2022.

In 2017, Libya exported $106k to Ireland. The main products exported from Libya to Ireland were Chocolate ($51.8k), Non-Knit Women's Shirts ($21.7k), and Fruit Juice ($12.3k). During the last 5 years the exports of Libya to Ireland have increased at an annualized rate of 12.1%, from $60.1k in 2022 to $106k in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Libya
Top Destination
Italy$9.26B

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

In 2022, countries that imported more from Ireland than Libya included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Libya than Ireland included Italy ($9.26B), Greece ($2.25B), and Thailand ($1.67B).

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

Comparative Advantage Ireland - Libya

Flow
Scale

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

During 2022, Ireland had a large net trade with Libya in the exports of Animal Products ($28.5M), Machines ($4.64M), and Foodstuffs ($1.85M).

During 2017, Libya had a large net trade with Ireland in the exports of Foodstuffs ($68.1k), Textiles ($21.9k), and Animal Products ($9.62k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Libya+$1.38MComputers
Top Product Potential Libya Ireland+$16.5kChocolate

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

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

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