2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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 GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH
-50.6%CURRENT US$
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2022
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GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186
2022
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GDP PC
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
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GDP PC GROWTH
-57.4%CURRENT US$
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About

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 5 years the exports of Saudi Arabia to Libya have increased at an annualized rate of 8.21%, from $114M in 2016 to $170M in 2021.

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

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 5 years the exports of Libya to Saudi Arabia have decreased at an annualized rate of 10.8%,  from $155k in 2016 to $87.9k in 2021.

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

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

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

In 2016, Libya exported $87.9k to Saudi Arabia. There were not main exports from Libya to Saudi Arabia in 2016. During the last 5 years the exports of Libya to Saudi Arabia have decreased at an annualized rate of 10.8%, from $155k in 2021 to $87.9k in 2016.

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

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

Latest Data

Trade between Saudi Arabia (Flag) and Libya (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Libya
Top Destination
Italy$9.26B

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

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

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

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

Comparative Advantage Saudi Arabia - Libya

Flow
Scale

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

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Libya+$9.72kRefined Petroleum
Top Product Potential Libya Saudi Arabia+$8.27kCrude 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 Saudi Arabia and Libya. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Saudi Arabia.

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

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