Libya (LBY) and Egypt (EGY) Trade | The Observatory of Economic Complexity

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Libya-Egypt Trade: In 2023, Libya exported $67.2M to Egypt. The main products that Libya exported to Egypt were Iron Reductions ($33.5M), Ammonia ($15.3M), and Iron Ingots ($5.05M). Over the past 5 years the exports of Libya to Egypt have decreased at an annualized rate of 2.93%, from $78M in 2018 to $67.2M in 2023.

In 2023, Libya did not export any services to Egypt.

Egypt-Libya Trade: In 2023, Egypt exported $1.79B to Libya. The main products that Egypt exported to Libya were Building Stone ($288M), Electricity ($92.2M), and Cement ($87.2M). Over the past 5 years the exports of Egypt to Libya have increased at an annualized rate of 24%, from $608M in 2018 to $1.79B in 2023.

In 2023, Egypt did not export any services to Libya.

Comparison: In 2023, Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B). That same year, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Libya exported $67.2M to Egypt. The main products exported from Libya to Egypt were Iron Reductions ($33.5M), Ammonia ($15.3M), and Iron Ingots ($5.05M). During the last 5 years the exports of Libya to Egypt have decreased at an annualized rate of 2.93%, from $78M in 2018 to $67.2M in 2023.

In 2018, Egypt exported $1.79B to Libya. The main products exported from Egypt to Libya were Building Stone ($288M), Electricity ($92.2M), and Cement ($87.2M). During the last 5 years the exports of Egypt to Libya have increased at an annualized rate of 24%, from $608M in 2023 to $1.79B in 2018.

Exports from Libya () to Egypt () (2023)

Exports from Egypt () to Libya () (2023)

Latest Data

Trade between Libya () and Egypt ()

Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$7.96B

Egypt
Top DestinationSaudi Arabia$5.31B

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

In 2023, countries that imported more from Libya than Egypt included Italy ($7.96B), Germany ($5.16B), and France ($2.64B).

In 2023, countries that imported more from Egypt than Libya included Saudi Arabia ($5.31B), Turkey ($4.63B), and United States ($2.73B).

Difference in imports from Egypt () and Libya () (2023)

Comparative Advantage Libya - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Libya had a large net trade with Egypt in the exports of Metals ($44.6M), Chemical Products ($15.3M), and Paper Goods ($4.91M).

During 2018, Egypt had a large net trade with Libya in the exports of Stone And Glass ($386M), Mineral Products ($216M), and Foodstuffs ($201M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Egypt+$5.4MScrap Iron

Top Product Potential Egypt Libya+$54.9MRefined 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 Egypt. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Egypt. Similarly, a dot/product with the flag of Egypt indicates it has a comparative advantage over Libya.

About

Historical Data

Bilateral Trade by Products

Exports from Libya () to Egypt () (2023)

Exports from Egypt () to Libya () (2023)

Latest Data

Trade between Libya () and Egypt ()

Egypt Exports

Market Competitiveness

Difference in imports from Egypt () and Libya () (2023)

Comparative Advantage Libya - Egypt

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and Egypt () (2023)

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