Libya (LBY) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

About

Libya-Saudi Arabia Trade: In 2021, Libya exported $87.9k to Saudi Arabia. The main products that Libya exported to Saudi Arabia were N/A. Over the past 7 years the exports of Libya to Saudi Arabia have decreased at an annualized rate of 18.8%, from $376k in 2014 to $87.9k in 2021.

In 2021, Libya did not export any services to Saudi Arabia.

Saudi Arabia-Libya Trade: In 2021, Saudi Arabia exported $170M to Libya. The main products that Saudi Arabia exported to Libya were N/A. Over the past 7 years the exports of Saudi Arabia to Libya have increased at an annualized rate of 8.21%, from $114M in 2014 to $170M in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Libya exported $87.9k to Saudi Arabia. There were not main exports from Libya to Saudi Arabia in 2021. During the last 7 years the exports of Libya to Saudi Arabia have decreased at an annualized rate of 18.8%, from $376k in 2014 to $87.9k in 2021.

In 2016, Saudi Arabia exported $170M to Libya. There were not main exports from Saudi Arabia to Libya in 2016. During the last 5 years the exports of Saudi Arabia to Libya have increased at an annualized rate of 8.21%, from $114M in 2021 to $170M in 2016.

Exports from Libya () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Libya () (2021)

Latest Data

Trade between Libya () and Saudi Arabia ()

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Libya than Saudi Arabia included Italy ($9.26B), Germany ($3.32B), and Austria ($674M).

In 2022, countries that imported more from Saudi Arabia than Libya included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Libya () (2022)

Comparative Advantage Libya - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

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

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Libya and Saudi Arabia. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Libya.

About

Historical Data

Bilateral Trade by Products

Exports from Libya () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Libya () (2021)

Latest Data

Trade between Libya () and Saudi Arabia ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Libya () (2022)

Comparative Advantage Libya - Saudi Arabia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Libya () and Saudi Arabia () (2021)

Keep Exploring