Libya recorded a trade surplus of 11548.60 LYD Million in 2017. Balance of Trade in Libya averaged 10914.68 LYD Million from 1990 until 2017, reaching an all time high of 51089 LYD Million in 2008 and a record low of -14120.70 LYD Million in 2014.

Balance of Trade in Libya is expected to be -4259.35 LYD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Balance of Trade is projected to trend around -486.38 LYD Million in 2020, according to our econometric models.

Libya Balance of Trade
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Libya Trade Last Previous Highest Lowest Unit
Balance of Trade 11548.60 -2645.00 51089.00 -14120.70 LYD Million [+]
Current Account 6152.60 -6540.20 45983.00 -24172.30 LYD Million [+]
Current Account to GDP 1.50 8.40 55.20 -41.80 percent [+]
Imports 14673.10 12047.00 43242.90 2106.00 LYD Million [+]
Exports 26221.70 9402.00 77027.00 2449.00 LYD Million [+]
Capital Flows -530.00 -3468.00 514.90 -23905.00 LYD Million [+]
Gold Reserves 116.60 116.60 143.82 116.60 Tonnes [+]
Crude Oil Production 1113.00 1170.00 2370.00 7.00 BBL/D/1K [+]
Terrorism Index 6.99 7.26 7.29 0.00 [+]
Foreign Direct Investment -153.00 -610.90 2680.00 -3358.00 LYD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Libya Balance of Trade

Libya runs trade surpluses as the result of significant exports of oil. Main imports are capital equipment and foodstuffs. Libya’s main trading partner is Italy followed by China and Germany. This page provides - Libya Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11548.60 -2645.00 51089.00 -14120.70 1990 - 2017 LYD Million Yearly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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