Libya (LBY) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Libya-Tanzania Trade: In 2019, Libya exported $51 to Tanzania. The main products that Libya exported to Tanzania were N/A. Over the past 7 years the exports of Libya to Tanzania have decreased at an annualized rate of 75.3%, from $916k in 2012 to $51 in 2019.

In 2019, Libya did not export any services to Tanzania.

Tanzania-Libya Trade: In 2019, Tanzania exported $225k to Libya. The main products that Tanzania exported to Libya were Sheep and Goat Meat ($196k), Coconut and Other Vegetable Fibers ($26k), and Tropical Fruits ($2.75k). Over the past 7 years the exports of Tanzania to Libya have decreased at an annualized rate of 10.1%, from $383k in 2012 to $225k in 2019.

In 2019, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Libya exported $51 to Tanzania. There were not main exports from Libya to Tanzania in 2019. During the last 7 years the exports of Libya to Tanzania have decreased at an annualized rate of 75.3%, from $916k in 2012 to $51 in 2019.

In 2017, Tanzania exported $225k to Libya. The main products exported from Tanzania to Libya were Sheep and Goat Meat ($196k), Coconut and Other Vegetable Fibers ($26k), and Tropical Fruits ($2.75k). During the last 5 years the exports of Tanzania to Libya have decreased at an annualized rate of 10.1%, from $383k in 2022 to $225k in 2017.

Exports from Libya () to Tanzania () (2022)

Exports from Tanzania () to Libya () (2022)

Latest Data

Trade between Libya () and Tanzania ()

Tanzania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$9.26B

Tanzania
Top DestinationIndia$2.73B

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

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

In 2022, countries that imported more from Tanzania than Libya included India ($2.73B), South Africa ($939M), and Kenya ($482M).

Difference in imports from Tanzania () and Libya () (2022)

Comparative Advantage Libya - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Libya had a large net trade with Tanzania in the exports of .

During 2017, Tanzania had a large net trade with Libya in the exports of Animal Products ($196k), Textiles ($26k), and Vegetable Products ($2.75k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Libya Tanzania+$4.58kRefined Petroleum

Top Product Potential Tanzania Libya+$12.8kCoconut and Other Vegetable Fibers

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

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Historical Data

Bilateral Trade by Products

Exports from Libya () to Tanzania () (2022)

Exports from Tanzania () to Libya () (2022)

Latest Data

Trade between Libya () and Tanzania ()

Tanzania Exports

Market Competitiveness

Difference in imports from Tanzania () and Libya () (2022)

Comparative Advantage Libya - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and Tanzania () (2022)

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