Libya

Compare Libya →

LY · LBY · BACI 434 · latest data 2024

Exports

$30.6B USD, nominal · 2024

= $30,592 M7.1% over 5 yrs (down)

Imports

$20.9B USD, nominal · 2024

= $20,918 M37.0% over 5 yrs (up)

Trade balancesurplus

$9.7B USD, nominal · 2024

= $9,674 M

Total trade

$51.5B USD, nominal · 2024

= $51,510 M6.9% over 5 yrs (up)

World position: #68 of 225 exporters · top half · #82 of 225 importers · top half · 2024
World export share since 1995: −0.1 pp

Trade timeline

Libya's exports grew from $9.2B in 1995 to $30.6B in 2024; the 2024 balance was $9.7B.

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Exports, imports, trade balance and total trade of Libya per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$9,199 M	$4,294 M	$4,906 M	$13,493 M
1996	$10,924 M	$4,788 M	$6,136 M	$15,712 M
1997	$10,340 M	$4,852 M	$5,488 M	$15,191 M
1998	$7,355 M	$4,330 M	$3,025 M	$11,685 M
1999	$8,734 M	$3,687 M	$5,047 M	$12,421 M
2000	$13,888 M	$3,355 M	$10,533 M	$17,243 M
2001	$12,397 M	$3,856 M	$8,541 M	$16,254 M
2002	$10,082 M	$4,996 M	$5,086 M	$15,079 M
2003	$13,833 M	$5,534 M	$8,299 M	$19,367 M
2004	$19,320 M	$6,958 M	$12,362 M	$26,278 M
2005	$28,668 M	$7,882 M	$20,786 M	$36,549 M
2006	$38,453 M	$9,013 M	$29,440 M	$47,466 M
2007	$39,194 M	$9,370 M	$29,824 M	$48,564 M
2008	$53,855 M	$12,955 M	$40,900 M	$66,810 M
2009	$34,245 M	$16,022 M	$18,223 M	$50,267 M
2010	$38,880 M	$20,960 M	$17,920 M	$59,840 M
2011	$18,658 M	$7,007 M	$11,651 M	$25,664 M
2012	$59,206 M	$21,985 M	$37,221 M	$81,191 M
2013	$42,761 M	$25,369 M	$17,392 M	$68,129 M
2014	$20,910 M	$18,067 M	$2,843 M	$38,978 M
2015	$11,132 M	$12,808 M	−$1,676 M	$23,940 M
2016	$20,184 M	$10,458 M	$9,726 M	$30,642 M
2017	$20,592 M	$9,726 M	$10,866 M	$30,318 M
2018	$31,534 M	$13,234 M	$18,301 M	$44,768 M
2019	$32,914 M	$15,264 M	$17,650 M	$48,178 M
2020	$9,270 M	$12,360 M	−$3,090 M	$21,629 M
2021	$32,801 M	$17,299 M	$15,503 M	$50,100 M
2022	$40,025 M	$19,741 M	$20,284 M	$59,766 M
2023	$35,384 M	$22,421 M	$12,962 M	$57,805 M
2024	$30,592 M	$20,918 M	$9,674 M	$51,510 M

30 rows

World share & rank

World export share moved from 0.2% in 1995 to 0.1% in 2024; export rank #50 → #68.

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World export and import share in percent, and world ranks, of Libya per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.18%	0.08%	#50	#69
1996	0.20%	0.09%	#50	#68
1997	0.18%	0.09%	#50	#71
1998	0.13%	0.08%	#56	#77
1999	0.15%	0.06%	#55	#80
2000	0.21%	0.05%	#52	#93
2001	0.20%	0.06%	#53	#89
2002	0.15%	0.08%	#59	#83
2003	0.18%	0.07%	#57	#82
2004	0.21%	0.08%	#53	#83
2005	0.27%	0.08%	#51	#86
2006	0.32%	0.07%	#50	#86
2007	0.28%	0.07%	#54	#88
2008	0.33%	0.08%	#54	#85
2009	0.28%	0.13%	#56	#75
2010	0.26%	0.14%	#56	#72
2011	0.10%	0.04%	#75	#119
2012	0.33%	0.12%	#55	#74
2013	0.23%	0.14%	#58	#72
2014	0.11%	0.10%	#73	#85
2015	0.07%	0.08%	#87	#92
2016	0.13%	0.07%	#68	#93
2017	0.12%	0.06%	#69	#102
2018	0.17%	0.07%	#66	#92
2019	0.18%	0.08%	#64	#88
2020	0.05%	0.07%	#91	#87
2021	0.15%	0.08%	#67	#85
2022	0.17%	0.08%	#66	#84
2023	0.16%	0.10%	#66	#79
2024	0.13%	0.09%	#68	#82

30 rows

Trading partners

Italy was Libya's top trading partner in 2024, at 19.3% of total trade; the top five partners covered 52.6%.

Year

Top partner share: 19.3%
Top-5 share: 52.6%
Partners: 104
Partner HHI (0–1): 0.081

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Italy $7.5B

Germany $4.6B

United Kingdom $2.8B

Greece $2.6B

Spain $2.5B

France $2.3B

United States $1.5B

China $1.2B

Netherlands $980M

Thailand $601M

Türkiye $556M

India $135M

Cyprus $100M

Egypt $56M

Tunisia $49M

View partner table

Top partners of Libya in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Italy	$7,511 M	$2,426 M	$9,937 M	$5,085 M
#2	Germany	$4,608 M	$641 M	$5,250 M	$3,967 M
#3	China	$1,162 M	$3,583 M	$4,745 M	−$2,422 M
#4	Greece	$2,621 M	$1,187 M	$3,808 M	$1,435 M
#5	Türkiye	$556 M	$2,798 M	$3,354 M	−$2,243 M
#6	United Kingdom	$2,787 M	$192 M	$2,979 M	$2,594 M
#7	Spain	$2,547 M	$349 M	$2,896 M	$2,197 M
#8	France	$2,281 M	$320 M	$2,602 M	$1,961 M
#9	United States	$1,492 M	$547 M	$2,039 M	$945 M
#10	Egypt	$56 M	$1,948 M	$2,005 M	−$1,892 M
#11	Netherlands	$980 M	$464 M	$1,443 M	$516 M
#12	Cyprus	$100 M	$851 M	$952 M	−$751 M
#13	Thailand	$601 M	$247 M	$848 M	$354 M
#14	Tunisia	$49 M	$789 M	$837 M	−$740 M
#15	India	$135 M	$658 M	$793 M	−$522 M

15 rows

Products & sectors

Product composition of Libya's trade in 2024.

Year

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Concentration & risk

Libya's export partners diversified over 1995–2024 — HHI 0.216 → 0.118, a moderately concentrated export base across 84 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Libya per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.216	0.089	56	64
1996	0.223	0.086	59	66
1997	0.235	0.081	61	67
1998	0.240	0.091	64	67
1999	0.218	0.101	72	76
2000	0.243	0.112	70	83
2001	0.213	0.124	93	86
2002	0.264	0.095	90	86
2003	0.235	0.109	88	99
2004	0.224	0.100	87	102
2005	0.204	0.076	89	100
2006	0.174	0.072	96	108
2007	0.190	0.045	99	121
2008	0.184	0.044	103	120
2009	0.191	0.052	111	126
2010	0.203	0.059	110	121
2011	0.152	0.069	98	107
2012	0.127	0.068	93	114
2013	0.112	0.067	98	128
2014	0.130	0.072	95	119
2015	0.167	0.077	94	112
2016	0.187	0.061	104	107
2017	0.180	0.058	100	110
2018	0.176	0.062	99	109
2019	0.171	0.072	92	108
2020	0.117	0.069	88	106
2021	0.104	0.073	94	109
2022	0.112	0.076	83	109
2023	0.104	0.083	89	106
2024	0.118	0.082	84	100

30 rows

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