2022
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GDP
$45.8BCURRENT US$
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2012-2022
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GDP GROWTH
-50.6%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
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2022
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GDP PC 
$6,716CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
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2022
Flag
GDP PC
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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About

Libya-South Africa Trade: In 2022, Libya exported $17.4M to South Africa. The main products that Libya exported to South Africa were Ammonia ($17.4M), Tropical Fruits ($30.3k), and Other Rubber Products ($3.7k). Over the past 5 years the exports of Libya to South Africa have increased at an annualized rate of 127%, from $287k in 2017 to $17.4M in 2022.

In 2022, Libya did not export any services to South Africa.

South Africa-Libya Trade: In 2022, South Africa exported $4.17M to Libya. The main products that South Africa exported to Libya were Jams ($1.73M), Apples and Pears ($652k), and Other Processed Fruits and Nuts ($444k). Over the past 5 years the exports of South Africa to Libya have increased at an annualized rate of 5.56%,  from $1.96M in 2017 to $4.17M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $17.4M to South Africa. The main products exported from Libya to South Africa were Ammonia ($17.4M), Tropical Fruits ($30.3k), and Other Rubber Products ($3.7k). During the last 5 years the exports of Libya to South Africa have increased at an annualized rate of 127%, from $287k in 2017 to $17.4M in 2022.

In 2017, South Africa exported $4.17M to Libya. The main products exported from South Africa to Libya were Jams ($1.73M), Apples and Pears ($652k), and Other Processed Fruits and Nuts ($444k). During the last 5 years the exports of South Africa to Libya have increased at an annualized rate of 5.56%, from $1.96M in 2022 to $4.17M in 2017.

Exports from Libya (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Libya (Flag) (2022)

Latest Data

Trade between Libya (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$9.26B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Libya than South Africa included Italy ($9.26B), Greece ($2.25B), and Spain ($3.48B).

In 2022, countries that imported more from South Africa than Libya included China ($23.4B), Japan ($8.85B), and United States ($10.9B).

Difference in imports from South Africa (Flag) and Libya (Flag) (2022)

Comparative Advantage Libya - South Africa

Flow
Scale

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

During 2022, Libya had a large net trade with South Africa in the exports of Chemical Products ($17.4M), Vegetable Products ($30.3k), and Plastics and Rubbers ($3.76k).

During 2017, South Africa had a large net trade with Libya in the exports of Foodstuffs ($2.2M), Vegetable Products ($958k), and Machines ($270k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya South Africa+$26.9kTropical Fruits
Top Product Potential South Africa Libya+$837kRefined 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 Libya and South Africa. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and South Africa (Flag) (2022)

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