Balance of Trade In Goods and Services (Local Currency) rose 12.1% to LYD 35.4 bil in Libya in 2024

Balance of Trade In Goods and Services (Local Currency) (LYD bil), 2024
Economy | Libya | September 1, 2025
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Balance of trade in goods and services rose 12.1% to LYD 35.4 bil in Libya in 2024, according to the National Statistical Office.

Historically, balance of trade in goods and services in Libya reached an all time high of LYD 57.5 bil in 2022 and an all time low of LYD -8.80 bil in 2014.

Libya has been ranked 42nd within the group of 130 countries we follow in terms of balance of trade in goods and services, 53 places above the position seen 10 years ago.

Balance of Trade In Goods and Services (Local Currency) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Algeria DZD bil -1,268 -1,314 -1,948 13.0 3,337 ...
Cameroon XAF bil -692 -855 -767 -927 -731
Chad XAF bil 422 285 166 807 1,722
Egypt EGP bil -464 -439 -442 -582 -534
Israel ILS bil 8.66 23.4 43.9 43.4 37.5
Italy EUR bil 41.8 57.8 58.7 37.6 -36.3
Libya LYD bil 16.2 5.54 -6.67 31.5 57.5
Malta EUR bil 2.54 2.33 2.26 2.73 2.45
Morocco MAD bil -115 -96.9 -83.6 -118 -153
Niger XOF bil -1,066 -1,177 -1,269 -1,408 ...
Nigeria NGN bil -2,600 -8,130 -178 -1,936 ... ... ...
Saudi Arabia SAR bil 397 251 2.49 274 704
Spain EUR bil 33.2 37.4 17.1 12.2 12.1
Sudan SDG bil -86.4 -180 12.0 49.8 128
Tunisia THD bil -14.6 -12.8 -10.0 -13.3 -19.3