globaltraffic.earth

Trade between Greece and Libya

In 2024, Greece exported $1.2 billion to Libya and imported $2.6 billion. Greece ran a deficit of $1.4 billion with Libya, compared with a deficit of $278 million in 2019. Libya was Greece’s 12th largest trading partner (3% of its trade), and Greece was Libya’s 4th (7%).

Summary

Greece → Libya
$1.2billion
Libya → Greece
$2.6billion
Greece’s balance
-$1.4billion

Balance

Greece’s trade balance with Libya

Trade between Greece and Libya grew 19.7-fold since 1995

USD billions (current). Greece’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.2
  • Imports 2.6
  • Balance -1.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$35 million$158 million-$123 million
1996$56 million$206 million-$150 million
1997$42 million$110 million-$68 million
1998$54 million$120 million-$67 million
1999$42 million$90 million-$48 million
2000$22 million$259 million-$238 million
2001$39 million$272 million-$233 million
2002$93 million$226 million-$133 million
2003$79 million$368 million-$289 million
2004$196 million$361 million-$165 million
2005$200 million$763 million-$563 million
2006$278 million$1 billion-$757 million
2007$54 million$1.4 billion-$1.4 billion
2008$201 million$2.8 billion-$2.6 billion
2009$181 million$1.1 billion-$884 million
2010$133 million$1.7 billion-$1.6 billion
2011$223 million$440 million-$217 million
2012$1 billion$2.2 billion-$1.2 billion
2013$990 million$1.5 billion-$540 million
2014$294 million$901 million-$607 million
2015$165 million$294 million-$129 million
2016$360 million$539 million-$179 million
2017$289 million$545 million-$256 million
2018$482 million$933 million-$450 million
2019$427 million$705 million-$278 million
2020$719 million$58 million$661 million
2021$1.2 billion$1 billion$166 million
2022$1.9 billion$2.5 billion-$600 million
2023$1.7 billion$2.2 billion-$488 million
2024$1.2 billion$2.6 billion-$1.4 billion

What they sell each other

What Greece sells to Libya

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$1 billion · 88.4%
    1.4 million tonnes · Greece’s destinations
  2. Cigarettes and cigars$50 million · 4.2%
    5 thousand tonnes
  3. Petroleum coke and bitumen$35 million · 2.9%
    78 thousand tonnes
  4. Wheat$8 million · 0.64%
    24 thousand tonnes
  5. Toilet paper and tissues$7 million · 0.61%
    2 thousand tonnes
  6. 291 tonnes · Greece’s destinations
  7. Soft drinks$4 million · 0.31%
    5 thousand tonnes
  8. Rice$3 million · 0.29%
    7 thousand tonnes
  9. Chocolate$3 million · 0.26%
    687 tonnes
  10. 4 thousand tonnes

What Libya sells to Greece

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$2.5 billion · 94%
    3.9 million tonnes · Libya’s destinations
  2. Refined petroleum$92 million · 3.5%
    187 thousand tonnes · Greece’s sources
  3. Ferrous scrap$54 million · 2.1%
    136 thousand tonnes
  4. Direct-reduced iron$4 million · 0.16%
    11 thousand tonnes
  5. Natural gas and LPG$2 million · 0.09%
    3 thousand tonnes
  6. Open-chain hydrocarbons$2 million · 0.08%
    2 thousand tonnes
  7. Sulfur$2 million · 0.07%
    17 thousand tonnes
  8. Hot-rolled flat steel$570 thousand · 0.02%
    991 tonnes
  9. Unwrought lead$122 thousand · 0%
    54 tonnes
  10. Other ceramic articles$19 thousand · 0%
    21 tonnes

How it travels

Estimated sea route from Piraeus to Tripoli.

The estimated sea route between Piraeus and Tripoli is 691 nautical miles (1,279 km) long: ≈ 1.5–2 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$3.8 billion · 99.9%
  2. Air$3 million · 0.08%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Libya was Greece’s 12th largest trading partner (3% of its trade), and Greece was Libya’s 4th (7%).

Libya in Greece’s trade
2.7%
Libya’s rank among Greece’s partners
12th
Greece in Libya’s trade
7.4%
Greece’s rank among Libya’s partners
4th

Compare with

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.