Libya (LBY) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Libya-South Africa Trade: In 2023, Libya exported $52.7k to South Africa. The main products that Libya exported to South Africa were Gas Turbines ($49k), Spice Seeds ($2.23k), and Air Conditioners ($853). Over the past 5 years the exports of Libya to South Africa have increased at an annualized rate of 102%, from $1.55k in 2018 to $52.7k in 2023.

In 2023, Libya did not export any services to South Africa.

South Africa-Libya Trade: In 2023, South Africa exported $5.41M to Libya. The main products that South Africa exported to Libya were Jams ($2.23M), Delivery Trucks ($814k), and Washing and Bottling Machines ($731k). Over the past 5 years the exports of South Africa to Libya have increased at an annualized rate of 69.2%, from $390k in 2018 to $5.41M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Libya exported $52.7k to South Africa. The main products exported from Libya to South Africa were Gas Turbines ($49k), Spice Seeds ($2.23k), and Air Conditioners ($853). During the last 5 years the exports of Libya to South Africa have increased at an annualized rate of 102%, from $1.55k in 2018 to $52.7k in 2023.

In 2018, South Africa exported $5.41M to Libya. The main products exported from South Africa to Libya were Jams ($2.23M), Delivery Trucks ($814k), and Washing and Bottling Machines ($731k). During the last 5 years the exports of South Africa to Libya have increased at an annualized rate of 69.2%, from $390k in 2023 to $5.41M in 2018.

Exports from Libya () to South Africa () (2023)

Exports from South Africa () to Libya () (2023)

Latest Data

Trade between Libya () and South Africa ()

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Libya
Top DestinationItaly$7.96B

South Africa
Top DestinationChina$29.5B

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 2023, countries that imported more from Libya than South Africa included Italy ($7.96B), Greece ($2.2B), and France ($2.64B).

In 2023, countries that imported more from South Africa than Libya included China ($29.5B), United States ($13B), and India ($10.8B).

Difference in imports from South Africa () and Libya () (2023)

Comparative Advantage Libya - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Libya had a large net trade with South Africa in the exports of Machines ($50k), Vegetable Products ($2.23k), and Stone And Glass ($323).

During 2018, South Africa had a large net trade with Libya in the exports of Foodstuffs ($2.39M), Machines ($1.03M), and Transportation ($898k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Libya () to South Africa () (2023)

Exports from South Africa () to Libya () (2023)

Latest Data

Trade between Libya () and South Africa ()

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Libya () (2023)

Comparative Advantage Libya - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Libya () and South Africa () (2023)

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