2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
 GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
GDP PC 
$1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC
$6,173CURRENT US$
Rnk 112 / 196
2013-2023
Flag
GDP PC GROWTH
-48.4%CURRENT US$
Rnk 193 / 195

About

Tanzania-Libya Trade: In 2023, Tanzania exported $1.11M to Libya. The main products that Tanzania exported to Libya were Twine and Rope ($617k), Nutmeg, mace and cardamons ($144k), and Coconut and Other Vegetable Fibers ($101k). Over the past 5 years the exports of Tanzania to Libya have increased at an annualized rate of 90.7%, from $43.9k in 2018 to $1.11M in 2023.

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

Libya-Tanzania In N/A, Libya did not export any products to Tanzania.

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

Comparison: In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). That same year, Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tanzania exported $1.11M to Libya. The main products exported from Tanzania to Libya were Twine and Rope ($617k), Nutmeg, mace and cardamons ($144k), and Coconut and Other Vegetable Fibers ($101k). During the last 5 years the exports of Tanzania to Libya have increased at an annualized rate of 90.7%, from $43.9k in 2018 to $1.11M in 2023.

Libya does not register exports to Tanzania. The main products exported from Libya to Tanzania were Low-voltage Protection Equipment ($205).

Exports from Tanzania (Flag) to Libya (Flag) (2023)

Exports from Libya (Flag) to Tanzania (Flag) (2023)

Latest Data

Trade between Tanzania (Flag) and Libya (Flag)

Tanzania Exports

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Libya
Top Destination
Italy$7.96B

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

In 2023, countries that imported more from Tanzania than Libya included Uganda ($1.35B), India ($1.74B), and South Africa ($1.15B).

In 2023, countries that imported more from Libya than Tanzania included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

Difference in imports from Libya (Flag) and Tanzania (Flag) (2023)

Comparative Advantage Tanzania - Libya

Flow
Scale

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

During 2023, Tanzania had a large net trade with Libya in the exports of Textiles ($762k), Vegetable Products ($252k), and Animal Products ($95k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Libya+$12.8kCoconut and Other Vegetable Fibers
Top Product Potential Libya Tanzania+$4.58kRefined 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 Tanzania and Libya. This means that a dot/product with the flag of Tanzania indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Tanzania.

Product Space of Tanzania (Flag) and Libya (Flag) (2023)

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