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Pricing

2020
Flag → Flag
Exports $100Rnk 32 / 0
2020
Flag → Flag
Exports $2.21MRnk 27 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 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$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 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$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186

About

Libya-Belarus Trade: In 2020, Libya exported $100 to Belarus. The main products that Libya exported to Belarus were N/A. Over the past 9 years the exports of Libya to Belarus have decreased at an annualized rate of 44.5%, from $20.1k in 2011 to $100 in 2020.

In 2020, Libya did not export any services to Belarus.

Belarus-Libya Trade: In 2020, Belarus exported $2.21M to Libya. The main products that Belarus exported to Libya were N/A. Over the past 9 years the exports of Belarus to Libya have increased at an annualized rate of 22%,  from $548k in 2011 to $2.21M in 2020.

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.

Comparison: In 2022,  Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Libya exported $100 to Belarus. There were not main exports from Libya to Belarus in 2020. During the last 9 years the exports of Libya to Belarus have decreased at an annualized rate of 44.5%, from $20.1k in 2011 to $100 in 2020.

In 2016, Belarus exported $2.21M to Libya. There were not main exports from Belarus to Libya in 2016. During the last 5 years the exports of Belarus to Libya have increased at an annualized rate of 22%, from $548k in 2021 to $2.21M in 2016.

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

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

Latest Data

Trade between Libya (Flag) and Belarus (Flag)

Belarus Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Belarus
Top DestinationChina$1.6B

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

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

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

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

Comparative Advantage Libya - Belarus

Flow
Scale

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

During 2020, Libya had a large net trade with Belarus in the exports of .

During 2016, Belarus had a large net trade with Libya in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Belarus+$4.54kCrude Petroleum
Top Product Potential Belarus Libya+$3.16kRefined 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 Belarus. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Belarus. Similarly, a dot/product with the flag of Belarus indicates it has a comparative advantage over Libya.

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

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