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Pricing

2022
Flag → Flag
Exports $1.63BRnk 9 / 79
2022
Flag → Flag
Top Product $1.02BCrude Petroleum
2022
Flag → Flag
Exports $1.31BRnk 48 / 219
2022
Flag → Flag
Top Product $473MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 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$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Libya-United Arab Emirates Trade: In 2022, Libya exported $1.63B to United Arab Emirates. The main products that Libya exported to United Arab Emirates were Crude Petroleum ($1.02B), Gold ($608M), and Silver ($1.24M). Over the past 5 years the exports of Libya to United Arab Emirates have decreased at an annualized rate of 0.55%, from $1.68B in 2017 to $1.63B in 2022.

In 2022, Libya did not export any services to United Arab Emirates.

United Arab Emirates-Libya Trade: In 2022, United Arab Emirates exported $1.31B to Libya. The main products that United Arab Emirates exported to Libya were Broadcasting Equipment ($473M), Rolled Tobacco ($383M), and Raw Sugar ($81.8M). Over the past 5 years the exports of United Arab Emirates to Libya have increased at an annualized rate of 7.46%,  from $853M in 2017 to $1.31B in 2022.

In 2022, United Arab Emirates 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, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $1.63B to United Arab Emirates. The main products exported from Libya to United Arab Emirates were Crude Petroleum ($1.02B), Gold ($608M), and Silver ($1.24M). During the last 5 years the exports of Libya to United Arab Emirates have decreased at an annualized rate of 0.55%, from $1.68B in 2017 to $1.63B in 2022.

In 2017, United Arab Emirates exported $1.31B to Libya. The main products exported from United Arab Emirates to Libya were Broadcasting Equipment ($473M), Rolled Tobacco ($383M), and Raw Sugar ($81.8M). During the last 5 years the exports of United Arab Emirates to Libya have increased at an annualized rate of 7.46%, from $853M in 2022 to $1.31B in 2017.

Exports from Libya (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Libya (Flag) (2022)

Latest Data

Trade between Libya (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
United Arab Emirates
Top DestinationIndia$51B

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

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

In 2022, countries that imported more from United Arab Emirates than Libya included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Libya (Flag) (2022)

Comparative Advantage Libya - United Arab Emirates

Flow
Scale

This chart compares trade between Libya and United Arab Emirates by product, considering products traded by both, Libya and United Arab Emirates.

During 2022, Libya had a large net trade with United Arab Emirates in the exports of Mineral Products ($1.02B), Precious Metals ($610M), and Chemical Products ($118k).

During 2017, United Arab Emirates had a large net trade with Libya in the exports of Machines ($558M), Foodstuffs ($487M), and Chemical Products ($62.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya United Arab Emirates+$2.23MRefined Petroleum
Top Product Potential United Arab Emirates Libya+$22.2MRefined 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 Libya and United Arab Emirates. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and United Arab Emirates (Flag) (2022)

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