Libya recorded a trade surplus of 22268.30 LYD Million in 2018. Balance of Trade in Libya averaged 11306.18 LYD Million from 1990 until 2018, 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 -4157.06 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 22268.30 11548.60 51089.00 -14120.70 LYD Million [+]
Current Account 15198.30 6152.60 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 -5993.20 -530.00 514.90 -23905.00 LYD Million [+]
Gold Reserves 116.64 116.60 143.82 116.60 Tonnes [+]
Crude Oil Production 1164.00 1060.00 2370.00 7.00 BBL/D/1K [+]
Terrorism Index 6.99 7.26 7.29 0.00 [+]
Foreign Direct Investment -192.20 -153.00 2680.00 -3358.00 LYD Million [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
22268.30 11548.60 51089.00 -14120.70 1990 - 2018 LYD Million Yearly




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 24789.70 Jul/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3787.85 Aug/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 1152.71 Aug/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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