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Who buys Libya’s crude oil? Export destinations 2024

In 2024, Libya exported $27.7 billion of crude oil (44.8 million tonnes), 2.1% of the world total. Its main destinations were Italy (25%), Germany (16%) and the United Kingdom (10%). Libya was the world’s 15th-largest exporter of crude oil.

Summary

Value
$27.7billion
Tonnes
44.8million tonnes
Share of world total
2.1%
World rank
15th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Italy6.8Tonnes: 11,343,400USD per tonne: $60224.7%Sea
Germany4.5Tonnes: 7,396,755USD per tonne: $61516.4%Sea
United Kingdom2.7Tonnes: 4,269,110USD per tonne: $6309.7%Sea
Greece2.5Tonnes: 3,913,611USD per tonne: $6308.9%Sea
Spain2.4Tonnes: 3,904,536USD per tonne: $6108.6%Sea
France2.1Tonnes: 3,277,316USD per tonne: $6477.7%Sea
United States1.5Tonnes: 2,701,943USD per tonne: $5525.4%Sea
China1.1Tonnes: 1,756,156USD per tonne: $6484.1%Sea
Netherlands re-exports0.93Tonnes: 1,497,630USD per tonne: $6213.4%Sea
Austria0.69Tonnes: 1,058,710USD per tonne: $6512.5%Sea
Thailand0.6Tonnes: 838,884USD per tonne: $7152.2%Sea
Sweden0.39Tonnes: 574,330USD per tonne: $6821.4%Sea
Bulgaria0.37Tonnes: 559,535USD per tonne: $6551.3%Sea
Romania0.31Tonnes: 493,611USD per tonne: $6321.1%Sea
Malaysia0.13Tonnes: 216,778USD per tonne: $6180.48%Sea
Australia0.11Tonnes: 201,246USD per tonne: $5610.41%Sea
Denmark0.1Tonnes: 162,361USD per tonne: $5940.35%Sea
India0.08Tonnes: 138,982USD per tonne: $6100.31%Sea
Croatia0.07Tonnes: 108,697USD per tonne: $6020.24%Sea
Portugal0.06Tonnes: 94,708USD per tonne: $6700.23%Sea

Trend

Who it sells to

Italy was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • Italy 6.8
  • Germany 4.5
  • United Kingdom 2.7
  • Greece 2.5
  • Spain 2.4

Source: CEPII BACI

Show the numbers
Partner19952024
Italy3.16.8
Germany1.54.5
United Kingdom0.072.7
Greece0.132.5
Spain0.912.4

Sources and methodology

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Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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