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Libya trade in 2024

In 2024, Libya exported $30.6 billion and imported $20.9 billion, a trade surplus of $9.7 billion. It was the world's 69th-largest exporter, with 0.13% of world exports. Its top export was crude petroleum (90.6% of the total) and its main trading partner was Italy (19.3% of its trade).

Summary

Exports
$30.6billion
Imports
$20.9billion
Trade balance
+$9.7billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Crude petroleum (90.6%) and refined petroleum (2.5%) together make up 93.1% of its exports.

  1. Crude petroleum$27.7 billion · 90.6%
    Main partner: Italy
  2. Refined petroleum$776 million · 2.5%
    Main partner: Spain
  3. Natural gas and LPG$718 million · 2.4%
    Main partner: Italy
  4. Direct-reduced iron$263 million · 0.86%
    Main partner: Turkey
  5. Open-chain hydrocarbons$184 million · 0.6%
    Main partner: Portugal
  6. Ammonia$182 million · 0.59%
    Main partner: Morocco
  7. Ferrous scrap$147 million · 0.48%
    Main partner: Turkey
  8. Copper scrap$128 million · 0.42%
    Main partner: Turkey
  9. Coal tar oils$98 million · 0.32%
    Main partner: Belgium
  10. Aluminum scrap$78 million · 0.25%
    Main partner: Turkey

What it imports

Refined petroleum (19%) and cars (3.7%) together make up 22.7% of its imports.

  1. Refined petroleum$4 billion · 19%
    Main partner: Italy
  2. Cars$770 million · 3.7%
    Main partner: South Korea
  3. Cane and beet sugar$513 million · 2.5%
    Main partner: India
  4. Jewelry$368 million · 1.8%
    Main partner: Turkey
  5. Iron ore$330 million · 1.6%
    Main partner: Brazil
  6. Cables and wire$304 million · 1.5%
    Main partner: Italy
  7. Medicines in measured doses or retail packs$299 million · 1.4%
    Main partner: Germany
  8. Worked stone$271 million · 1.3%
    Main partner: Egypt
  9. Auto parts$224 million · 1.1%
    Main partner: China
  10. Furniture$224 million · 1.1%
    Main partner: Turkey

Its products

Destinations and sources of its products that have their own page.

By Harmonized System chapter (96)
ChapterExportsImports
27 · Oil, gas and coal$29.3 billion$4.1 billion
72 · Iron and steel$512 million$260 million
29 · Organic chemicals$226 million$50 million
28 · Inorganic chemicals$182 million$26 million
74 · Copper$138 million$18 million
76 · Aluminum$81 million$215 million
78 · Lead$31 million$670 thousand
08 · Fruit and nuts$23 million$266 million
25 · Salt, stone and cement$20 million$227 million
03 · Fish and seafood$18 million$31 million
47 · Wood pulp$16 million$3 million
26 · Ores and slag$10 million$331 million
15 · Fats and oils$6 million$239 million
71 · Gems and precious metals$5 million$371 million
38 · Miscellaneous chemicals$4 million$123 million
84 · Mechanical machinery$4 million$1.9 billion
39 · Plastics$4 million$746 million
87 · Vehicles$2 million$1.4 billion
51 · Wool$2 million$146 thousand
21 · Food preparations$1 million$229 million
97 · Art and antiques$1 million$79 thousand
41 · Hides and leather$1 million$19 thousand
12 · Oilseeds and grains$1 million$47 million
75 · Nickel$1 million$3 million
85 · Electrical and electronic equipment$1 million$1.3 billion
07 · Vegetables$1 million$128 million
40 · Rubber$641 thousand$252 million
79 · Zinc$435 thousand$799 thousand
11 · Milling products and malt$417 thousand$14 million
48 · Paper and paperboard$384 thousand$334 million
90 · Precision and medical instruments$368 thousand$387 million
19 · Baked goods and cereal products$326 thousand$384 million
14 · Other plant products$313 thousand$578 thousand
31 · Fertilizers$305 thousand$67 million
81 · Other base metals$285 thousand$545 thousand
63 · Home textiles and used clothing$261 thousand$92 million
94 · Furniture and lighting$243 thousand$493 million
05 · Other animal products$199 thousand$240 thousand
73 · Iron and steel products$193 thousand$484 million
22 · Beverages and spirits$188 thousand$76 million
24 · Tobacco$181 thousand$184 million
69 · Ceramics$177 thousand$234 million
20 · Preserved fruit and vegetables$166 thousand$305 million
34 · Soap and cleaning products$120 thousand$115 million
57 · Carpets and rugs$111 thousand$105 million
17 · Sugar and sweets$86 thousand$559 million
88 · Aircraft and spacecraft$82 thousand$26 million
80 · Tin$65 thousand$214 thousand
56 · Felt, nonwovens and rope$61 thousand$17 million
62 · Woven clothing$44 thousand$294 million
01 · Live animals$39 thousand$90 million
49 · Books and printed matter$36 thousand$63 million
70 · Glass$34 thousand$94 million
32 · Dyes, paints and tanning agents$31 thousand$163 million
83 · Miscellaneous metal goods$30 thousand$96 million
18 · Cocoa and chocolate$26 thousand$138 million
91 · Watches and clocks$24 thousand$15 million
61 · Knitted clothing$21 thousand$252 million
42 · Leather goods and bags$20 thousand$53 million
82 · Tools and cutlery$18 thousand$55 million
37 · Photographic goods$16 thousand$3 million
86 · Railway equipment$13 thousand$2 million
35 · Glues, starches and enzymes$12 thousand$26 million
64 · Footwear$12 thousand$138 million
55 · Synthetic staple fibers$11 thousand$16 million
44 · Wood$9 thousand$181 million
04 · Dairy, eggs and honey$8 thousand$487 million
09 · Coffee, tea and spices$7 thousand$214 million
89 · Ships and boats$6 thousand$38 million
30 · Pharmaceuticals$5 thousand$456 million
95 · Toys and sports gear$4 thousand$72 million
10 · Cereals$4 thousand$342 million
33 · Perfumes and cosmetics$2 thousand$323 million
96 · Other manufactured goods$2 thousand$55 million
68 · Stone, plaster and cement articles$2 thousand$317 million
65 · Hats$1 thousand$4 million
54 · Synthetic filaments$875$67 million
46 · Wicker and basketware$855$514 thousand
23 · Animal feed and food waste$237$49 million
13 · Gums and plant extracts$53$2 million
59 · Coated and technical textiles$42$6 million
52 · Cotton$30$2 million
16 · Prepared meat and fish$20$213 million
67 · Feathers and artificial flowers$19$8 million
58 · Special fabrics and lace$2$7 million
02 · Meat and offal$0$321 million
60 · Knitted fabric$0$29 million
06 · Live plants and flowers$0$9 million
36 · Explosives and matches$0$4 million
66 · Umbrellas and canes$0$2 million
93 · Weapons and ammunition$0$2 million
53 · Other plant fibers$0$961 thousand
43 · Fur and fur goods$0$290 thousand
92 · Musical instruments$0$217 thousand
50 · Silk$0$131 thousand
45 · Cork$0$12 thousand

Trading partners

Its main destination is Italy (24.6% of exports) and its main source is China (17.1% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
Italy7.524.6%Sea
Germany4.615.1%Sea
United Kingdom2.89.1%Sea
Greece2.68.6%Sea
Spain2.58.3%Sea
France2.37.5%Sea
United States1.54.9%Sea
China1.23.8%Sea
Netherlands0.983.2%Sea
Austria0.692.3%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
China3.617.1%Sea
Turkey2.813.4%Sea
Italy2.411.6%Sea
Egypt1.99.3%Land
Greece1.25.7%Sea
Cyprus0.854.1%Sea
Tunisia0.793.8%Land
India0.663.1%Sea
Brazil0.653.1%Sea
Germany0.643.1%Sea

Overview 1995–2024

In 2024, Libya accounted for 0.13% of world exports, compared with 0.18% in 1995.

Exports and imports

Exports grew 3.3-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 30.6
  • Imports 20.9
  • Balance +9.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$9.2 billion$4.3 billion$4.9 billion
1996$10.9 billion$4.8 billion$6.1 billion
1997$10.3 billion$4.9 billion$5.5 billion
1998$7.4 billion$4.3 billion$3 billion
1999$8.7 billion$3.7 billion$5 billion
2000$13.9 billion$3.4 billion$10.5 billion
2001$12.4 billion$3.9 billion$8.5 billion
2002$10.1 billion$5 billion$5.1 billion
2003$13.8 billion$5.5 billion$8.3 billion
2004$19.3 billion$7 billion$12.4 billion
2005$28.7 billion$7.9 billion$20.8 billion
2006$38.5 billion$9 billion$29.4 billion
2007$37.7 billion$9.3 billion$28.4 billion
2008$52.6 billion$12.7 billion$39.8 billion
2009$34 billion$15.8 billion$18.3 billion
2010$39 billion$20.7 billion$18.3 billion
2011$18.7 billion$7 billion$11.7 billion
2012$59.2 billion$22 billion$37.2 billion
2013$42.8 billion$25.4 billion$17.4 billion
2014$20.9 billion$18.1 billion$2.8 billion
2015$11.1 billion$12.8 billion-$1.7 billion
2016$20.3 billion$10.5 billion$9.8 billion
2017$20.7 billion$9.7 billion$11 billion
2018$31.8 billion$13.3 billion$18.5 billion
2019$32.9 billion$15.3 billion$17.7 billion
2020$9.3 billion$12.4 billion-$3.1 billion
2021$32.8 billion$17.3 billion$15.5 billion
2022$40 billion$19.7 billion$20.3 billion
2023$35.7 billion$23.1 billion$12.7 billion
2024$30.6 billion$20.9 billion$9.7 billion

World rank

Libya fell from 52nd to 69th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 52nd in 1995
  • 69th in 2024

Source: CEPII BACI

Show the numbers
YearRank
199552nd
199652nd
199752nd
199858th
199957th
200053rd
200154th
200260th
200358th
200454th
200552nd
200651st
200755th
200855th
200957th
201057th
201176th
201257th
201359th
201473rd
201588th
201669th
201770th
201867th
201965th
202092nd
202168th
202267th
202368th
202469th

What it sells

Its top export group is still oil, gas and coal: 96% in 2024

% of exports by Harmonized System chapter.

  • Other 0%
  • Fruit and nuts 0%
  • Lead 0%
  • Aluminum 0%
  • Copper 0%
  • Inorganic chemicals 1%
  • Organic chemicals 1%
  • Iron and steel 2%
  • Oil, gas and coal 96%

Source: CEPII BACI

Show the numbers
Chapter19952024
Oil, gas and coal92%95.8%
Iron and steel2%1.7%
Organic chemicals3.2%0.74%
Inorganic chemicals0.32%0.59%
Copper0.01%0.45%
Aluminum0%0.27%
Lead0%0.1%
Fruit and nuts0.01%0.07%
Other2.5%0.35%

Who it trades with

Italy went from 35% to 19% of Libya's trade

% of total trade (exports + imports) with each partner.

  • Italy 19%
  • Germany 10%
  • China 9%
  • Greece 7%
  • Turkey 7%

Source: CEPII BACI

Show the numbers
Partner19952024
Italy34.8%19.3%
Germany14.9%10.2%
China0.78%9.2%
Greece1.4%7.4%
Turkey4.6%6.5%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Sirte basin (conventional onshore)Oil and gas · 40.9 Mt CO₂e
  • Murzuq basinOil and gas · 9.3 Mt CO₂e
  • Sirte basin (LNG)Oil and gas · 8.4 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Tripoli$31.1 billion (PPP, 2021 dollars)
  • Banghazi$12.7 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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