2022
Flag  
GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Libya-Mexico Trade: In 2021, Libya exported $6.8M to Mexico. The main products that Libya exported to Mexico were N/A. Over the past 10 years the exports of Libya to Mexico have increased at an annualized rate of 58.9%, from $66.1k in 2011 to $6.8M in 2021.

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

Mexico-Libya In N/A, Mexico did not export any products to Libya.

In 2021, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Libya exported $6.8M to Mexico. There were not main exports from Libya to Mexico in 2021. During the last 10 years the exports of Libya to Mexico have increased at an annualized rate of 58.9%, from $66.1k in 2011 to $6.8M in 2021.

Mexico does not register exports to Libya.

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

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

Latest Data

Trade between Libya (Flag) and Mexico (Flag)

Mexico Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Mexico
Top Destination
United States$421B

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

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

In 2022, countries that imported more from Mexico than Libya included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Libya - Mexico

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Mexico+$8.42kPetroleum Gas
Top Product Potential Mexico Libya+$6.91kCars

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

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

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