Libya recorded a trade surplus of 6712 LYD Million in 2017. Balance of Trade in Libya averaged 10741.94 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 -6488.00 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 1309.00 LYD Million in 2020, according to our econometric models.

Libya Balance of Trade
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Forecast Data Chart
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Libya Trade Last Previous Highest Lowest Unit
Balance of Trade 6712.00 -2645.00 51089.00 -14120.70 LYD Million [+]
Exports 19885.00 9402.00 77027.00 2449.00 LYD Million [+]
Imports 13173.00 12047.00 43242.90 2106.00 LYD Million [+]
Current Account 1337.00 -5734.00 45983.00 -26181.80 LYD Million [+]
Current Account to GDP 2.20 -37.80 55.20 -41.80 percent [+]
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 926.00 670.00 2370.00 7.00 BBL/D/1K [+]
Terrorism Index 7.26 7.28 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6712.00 -2645.00 51089.00 -14120.70 1990 - 2017 LYD Million Yearly




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 2640.00 Oct/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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