Libya (LBY) and Gabon (GAB) Trade | The Observatory of Economic Complexity

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Libya-Gabon Trade: In 2021, Libya exported $1.03k to Gabon. The main products that Libya exported to Gabon were N/A. Over the past 9 years the exports of Libya to Gabon have decreased at an annualized rate of 5.49%, from $1.71k in 2012 to $1.03k in 2021.

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

Gabon-Libya Trade: In 2021, Gabon exported $6.01M to Libya. The main products that Gabon exported to Libya were N/A. Over the past 9 years the exports of Gabon to Libya have increased at an annualized rate of 8.5%, from $4M in 2012 to $6.01M in 2021.

In 2021, Gabon 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, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Libya exported $1.03k to Gabon. There were not main exports from Libya to Gabon in 2021. During the last 9 years the exports of Libya to Gabon have decreased at an annualized rate of 5.49%, from $1.71k in 2012 to $1.03k in 2021.

In 2016, Gabon exported $6.01M to Libya. There were not main exports from Gabon to Libya in 2016. During the last 5 years the exports of Gabon to Libya have increased at an annualized rate of 8.5%, from $4M in 2021 to $6.01M in 2016.

Exports from Libya () to Gabon () (2021)

Exports from Gabon () to Libya () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Gabon
Top DestinationChina$3.4B

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

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

In 2022, countries that imported more from Gabon than Libya included China ($3.4B), South Korea ($617M), and Indonesia ($394M).

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

Comparative Advantage Libya - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2016, Gabon had a large net trade with Libya 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 Libya Gabon+$1.83kRefined Petroleum

Top Product Potential Gabon Libya+$3.48kRefined 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 Libya and Gabon. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Libya.

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Historical Data

Bilateral Trade by Products

Exports from Libya () to Gabon () (2021)

Exports from Gabon () to Libya () (2021)

Market Competitiveness

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

Comparative Advantage Libya - Gabon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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