Libya recorded a trade surplus of 3168.60 LYD Million in 2020. source: Central Bank of Lybia

Balance of Trade in Libya averaged 11219.13 LYD Million from 1990 until 2020, reaching an all time high of 51089 LYD Million in 2008 and a record low of -14120.70 LYD Million in 2014. 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 December of 2022.

Balance of Trade in Libya is expected to reach -5220.00 LYD Million by the end of 2022, 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 2023 and -486.00 LYD Million in 2024, according to our econometric models.

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Libya Balance of Trade



Related Last Previous Unit Reference
Balance of Trade 3168.60 15848.80 LYD Million Dec 2020
Current Account to GDP 21.60 -20.70 percent of GDP Dec 2021
Current Account -5514.00 6737.10 LYD Million Dec 2020
Exports 14294.50 40640.20 LYD Million Dec 2020
Imports 11125.80 24791.40 LYD Million Dec 2020
Foreign Direct Investment -487.20 376.50 LYD Million Dec 2020

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.
Actual Previous Highest Lowest Dates Unit Frequency
3168.60 15848.80 51089.00 -14120.70 1990 - 2020 LYD Million Yearly