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Trade between Libya and the United Kingdom

In 2024, Libya exported $2.8 billion to the United Kingdom and imported $192 million. Libya ran a surplus of $2.6 billion with the United Kingdom, compared with a surplus of $120 million in 2019. The United Kingdom was Libya’s 6th largest trading partner (6% of its trade), and Libya was the United Kingdom’s 50th (0.3%).

Summary

Libya → United Kingdom
$2.8billion
United Kingdom → Libya
$192million
Libya’s balance
$2.6billion

Balance

Libya’s trade balance with the United Kingdom

Trade between Libya and the United Kingdom grew 5.5-fold since 1995

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

  • Exports 2.8
  • Imports 0.2
  • Balance +2.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$208 million$332 million-$124 million
1996$235 million$370 million-$135 million
1997$379 million$429 million-$50 million
1998$246 million$389 million-$143 million
1999$187 million$274 million-$87 million
2000$305 million$272 million$34 million
2001$270 million$254 million$16 million
2002$248 million$308 million-$60 million
2003$323 million$387 million-$64 million
2004$359 million$374 million-$16 million
2005$605 million$371 million$234 million
2006$1.1 billion$357 million$696 million
2007$904 million$415 million$490 million
2008$1.4 billion$323 million$1.1 billion
2009$1 billion$432 million$568 million
2010$427 million$645 million-$218 million
2011$668 million$138 million$530 million
2012$2.7 billion$292 million$2.4 billion
2013$1.9 billion$419 million$1.5 billion
2014$527 million$268 million$259 million
2015$104 million$159 million-$55 million
2016$1.3 billion$214 million$1 billion
2017$1.2 billion$240 million$991 million
2018$827 million$170 million$658 million
2019$318 million$198 million$120 million
2020$89 million$148 million-$59 million
2021$1.5 billion$140 million$1.4 billion
2022$1.6 billion$145 million$1.5 billion
2023$1.6 billion$195 million$1.4 billion
2024$2.8 billion$192 million$2.6 billion

What they sell each other

What Libya sells to the United Kingdom

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

  1. Crude petroleum$2.7 billion · 96.5%
    4.3 million tonnes · Libya’s destinations
  2. Refined petroleum$72 million · 2.6%
    95 thousand tonnes · the United Kingdom’s sources
  3. Open-chain hydrocarbons$11 million · 0.38%
    10 thousand tonnes
  4. Ammonia$8 million · 0.3%
    15 thousand tonnes
  5. Iron ore$5 million · 0.19%
    47 thousand tonnes
  6. Raw wool$476 thousand · 0.02%
    590 tonnes
  7. Furniture$54 thousand · 0%
    5 tonnes · the United Kingdom’s sources
  8. Valves and taps$48 thousand · 0%
    1 tonne
  9. 62 tonnes
  10. Control panels$22 thousand · 0%

What the United Kingdom sells to Libya

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

  1. Stamps and banknotes$20 million · 10.3%
    480 tonnes
  2. 572 tonnes · the United Kingdom’s destinations
  3. Cheese$10 million · 5.4%
    2 thousand tonnes
  4. Chocolate$10 million · 5.2%
    1 thousand tonnes
  5. Butter and milk fats$7 million · 3.9%
    1 thousand tonnes
  6. Cables and wire$6 million · 3%
    131 tonnes · the United Kingdom’s destinations
  7. Other food preparations$5 million · 2.9%
    247 tonnes
  8. Control panels$5 million · 2.7%
    86 tonnes
  9. Valves and taps$5 million · 2.4%
    131 tonnes
  10. Turbojets and gas turbines$4 million · 2.1%
    9 tonnes · the United Kingdom’s destinations

How it travels

Estimated sea route from Tripoli to Felixstowe.

The estimated sea route between Tripoli and Felixstowe is 2,463 nautical miles (4,561 km) long: ≈ 5.5–7.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Strait of Dover.

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 · 97.9%
  2. Air$62 million · 2.1%

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

How much each matters to the other

The United Kingdom was Libya’s 6th largest trading partner (6% of its trade), and Libya was the United Kingdom’s 50th (0.3%).

The United Kingdom in Libya’s trade
5.8%
The United Kingdom’s rank among Libya’s partners
6th
Libya in the United Kingdom’s trade
0.3%
Libya’s rank among the United Kingdom’s partners
50th

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.