2022
Flag  
GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
 GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC 
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
Rnk 185 / 186

About

Tanzania-Libya Trade: In 2022, 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 5 years the exports of Tanzania to Libya have decreased at an annualized rate of 10.1%, from $383k in 2017 to $225k in 2022.

In 2022, Tanzania did not export any services to Libya.

Libya-Tanzania Trade: In 2022, Libya exported $51 to Tanzania. The main products that Libya exported to Tanzania were N/A. Over the past 5 years the exports of Libya to Tanzania have decreased at an annualized rate of 77.9%,  from $96.1k in 2017 to $51 in 2022.

In 2022, Libya did not export any services to Tanzania.

Comparison: In 2022,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). 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, 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 2017 to $225k in 2022.

In 2014, Libya exported $51 to Tanzania. There were not main exports from Libya to Tanzania in 2014. During the last 5 years the exports of Libya to Tanzania have decreased at an annualized rate of 77.9%, from $96.1k in 2019 to $51 in 2014.

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

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

Latest Data

Trade between Tanzania (Flag) and Libya (Flag)

Tanzania Exports

Market Competitiveness

Color
Tanzania
Top Destination
India$2.73B
Libya
Top Destination
Italy$9.26B

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

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

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

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 2022, Tanzania had a large net trade with Libya in the exports of Animal Products ($196k), Textiles ($26k), and Vegetable Products ($2.75k).

During 2014, Libya had a large net trade with Tanzania in the exports of .

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) (2022)

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