2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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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 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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2022
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GDP PC
$6,716CURRENT US$
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2012-2022
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GDP PC GROWTH
-57.4%CURRENT US$
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About

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 16.4%, from $1.96M in 2017 to $4.17M in 2022.

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

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.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). 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 2022, 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 16.4%, from $1.96M in 2017 to $4.17M in 2022.

In 2017, 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 2022 to $17.4M in 2017.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage South Africa - Libya

Flow
Scale

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

During 2022, South Africa had a large net trade with Libya in the exports of Foodstuffs ($2.2M), Vegetable Products ($958k), and Machines ($270k).

During 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Libya+$837kRefined Petroleum
Top Product Potential Libya South Africa+$26.9kTropical Fruits

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

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

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