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 |