Libya recorded a trade surplus of 14753.80 LYD Million in 2019. source: Central Bank of Lybia

Balance of Trade in Libya averaged 12350.11 LYD Million from 1990 until 2019, reaching an all time high of 51089 LYD Million in 2008 and a record low of -7687.60 LYD Million in 2015. This page provides - Libya Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Balance of Trade - values, historical data and charts - was last updated on November of 2021.

Balance of Trade in Libya is expected to reach -5220.00 LYD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Balance of Trade is projected to trend around -5220.00 LYD Million in 2022 and -486.00 LYD Million in 2023, according to our econometric models.

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Libya Balance of Trade


Related Last Previous Unit Reference
Balance of Trade 14753.80 21897.10 LYD Million Dec/19
Current Account to GDP 9.30 10.80 percent of GDP Dec/19
Current Account 5733.10 15389.50 LYD Million Dec/19
Exports 38787.90 40712.50 LYD Million Dec/19
Imports 24034.10 18815.40 LYD Million Dec/19
Foreign Direct Investment -482.50 -376.10 LYD Million Dec/19
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.