Libya vs South Africa: Net trade in goods
Net trade in goods over time
- Libya
- South Africa
How they compare
Libya currently reports 13.88 billion BoP, current US$ against 11.97 billion BoP, current US$ in South Africa, a difference of 1.91 billion BoP, current US$.
That makes Libya's figure about 1.2 times South Africa's.
The two have swapped places 10 times across 47 shared years of data; in 1977 it was Libya ahead.
Libya ranks 30th and South Africa ranks 33rd of 199 countries.
Across the 6 decades both report, Libya averaged higher in 3 and South Africa in 3.
Head to head by decade
| Decade | Libya | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.65 billion BoP, current US$ | 3.85 billion BoP, current US$ | 1.80 billion BoP, current US$ | Libya |
| 1980s | 2.74 billion BoP, current US$ | 4.78 billion BoP, current US$ | 2.04 billion BoP, current US$ | South Africa |
| 1990s | 2.02 billion BoP, current US$ | 4.42 billion BoP, current US$ | 2.40 billion BoP, current US$ | South Africa |
| 2000s | 15.70 billion BoP, current US$ | 1.33 billion BoP, current US$ | 14.37 billion BoP, current US$ | Libya |
| 2010s | 9.67 billion BoP, current US$ | 295.62 million BoP, current US$ | 9.38 billion BoP, current US$ | Libya |
| 2020s | 12.37 billion BoP, current US$ | 17.65 billion BoP, current US$ | 5.29 billion BoP, current US$ | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Libya or South Africa?
- Libya, at 13.88 billion BoP, current US$ against 11.97 billion BoP, current US$ in South Africa as of 2023.
- What is the difference in net trade in goods between Libya and South Africa?
- 1.91 billion BoP, current US$, with Libya ahead.
- How many years of comparable data are there for Libya and South Africa?
- 47 years are reported by both, from 1977 to 2023.
- How do Libya and South Africa rank globally for net trade in goods?
- Libya ranks 30th and South Africa ranks 33rd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.