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Trade between Libya and Spain

In 2024, Libya exported $2.5 billion to Spain and imported $349 million. Libya ran a surplus of $2.2 billion with Spain, compared with a surplus of $3 billion in 2019. Spain was Libya’s 7th largest trading partner (6% of its trade), and Libya was Spain’s 47th (0.4%).

Summary

Libya → Spain
$2.5billion
Spain → Libya
$349million
Libya’s balance
$2.2billion

Balance

Libya’s trade balance with Spain

Trade between Libya and Spain grew 2.2-fold since 1995

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

  • Exports 2.5
  • Imports 0.3
  • Balance +2.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.2 billion$169 million$999 million
1996$1.1 billion$173 million$969 million
1997$1 billion$159 million$883 million
1998$836 million$249 million$586 million
1999$1.1 billion$117 million$1 billion
2000$1.9 billion$109 million$1.8 billion
2001$1.8 billion$80 million$1.8 billion
2002$1.5 billion$91 million$1.5 billion
2003$2 billion$143 million$1.9 billion
2004$2.5 billion$132 million$2.4 billion
2005$3 billion$219 million$2.8 billion
2006$3.8 billion$106 million$3.6 billion
2007$2.2 billion$147 million$2 billion
2008$2.7 billion$280 million$2.4 billion
2009$2.2 billion$298 million$1.9 billion
2010$3.7 billion$321 million$3.4 billion
2011$1 billion$152 million$877 million
2012$4.3 billion$488 million$3.8 billion
2013$2.6 billion$616 million$1.9 billion
2014$1.1 billion$752 million$392 million
2015$661 million$441 million$220 million
2016$2.2 billion$370 million$1.9 billion
2017$2.2 billion$590 million$1.7 billion
2018$3.1 billion$692 million$2.4 billion
2019$3.5 billion$453 million$3 billion
2020$705 million$346 million$360 million
2021$3.4 billion$366 million$3.1 billion
2022$4 billion$429 million$3.5 billion
2023$3.1 billion$321 million$2.8 billion
2024$2.5 billion$349 million$2.2 billion

What they sell each other

What Libya sells to Spain

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

  1. Crude petroleum$2.4 billion · 93.5%
    3.9 million tonnes · Libya’s destinations
  2. Refined petroleum$103 million · 4.1%
    137 thousand tonnes · Spain’s sources
  3. Direct-reduced iron$30 million · 1.2%
    74 thousand tonnes
  4. Ammonia$13 million · 0.5%
    29 thousand tonnes
  5. Open-chain hydrocarbons$10 million · 0.38%
    10 thousand tonnes
  6. Natural gas and LPG$8 million · 0.31%
    15 thousand tonnes
  7. Lead scrap$1 million · 0.05%
    617 tonnes
  8. Ferrous scrap$904 thousand · 0.04%
    663 tonnes
  9. Cars$276 thousand · 0.01%
    29 tonnes · Spain’s sources
  10. Aluminum scrap$164 thousand · 0.01%
    98 tonnes

What Spain sells to Libya

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

  1. Tractors$62 million · 17.7%
    11 thousand tonnes
  2. Ceramic tiles$26 million · 7.4%
    54 thousand tonnes
  3. Live sheep and goats$22 million · 6.2%
    5 thousand tonnes
  4. Live cattle$18 million · 5.2%
    6 thousand tonnes
  5. 507 tonnes
  6. Other food preparations$11 million · 3.1%
    3 thousand tonnes
  7. Carbon electrodes$10 million · 3%
    4 thousand tonnes
  8. 735 tonnes
  9. Refined petroleum$9 million · 2.5%
    12 thousand tonnes · Spain’s destinations
  10. 231 tonnes · Spain’s destinations

How it travels

Estimated sea route from Tripoli to Valencia.

The estimated sea route between Tripoli and Valencia is 878 nautical miles (1,627 km) long: ≈ 2–2.5 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$2.9 billion · 99.5%
  2. Air$14 million · 0.47%

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

How much each matters to the other

Spain was Libya’s 7th largest trading partner (6% of its trade), and Libya was Spain’s 47th (0.4%).

Spain in Libya’s trade
5.6%
Spain’s rank among Libya’s partners
7th
Libya in Spain’s trade
0.4%
Libya’s rank among Spain’s partners
47th

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.