2022
Flag  
GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 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
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

In N/A, Libya did not export any services to Somalia.

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

In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Libya does not register exports to Somalia.

Somalia does not register exports to Libya.

Exports from Libya (Flag) to Somalia (Flag) (2008)

Exports from Somalia (Flag) to Libya (Flag) (2008)

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
Somalia
Top Destination
United Arab Emirates$283M

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

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

In 2022, countries that imported more from Somalia than Libya included Oman ($173M), Kuwait ($13.5M), and Bahrain ($9M).

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

Comparative Advantage Libya - Somalia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Somalia+$2.31kPetroleum Gas
Top Product Potential Somalia Libya+$2.18kGold

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

Product Space of Libya (Flag) and Somalia (Flag) (2008)

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