Libya Trade Balance 1990-2022

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Libya trade balance for 2019 was $5.17B, a 56.38% decline from 2018.
  • Libya trade balance for 2018 was $11.84B, a 157.64% increase from 2017.
  • Libya trade balance for 2017 was $4.60B, a 177.05% decline from 2016.
  • Libya trade balance for 2016 was $-5.97B, a 1.63% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $132.79B
Russia $129.32B
Thailand $50.85B
Malaysia $27.49B
Turkey $19.66B
Iraq $16.62B
Kazakhstan $14.57B
Azerbaijan $5.92B
Libya $5.17B
Gabon $4.97B
Peru $2.59B
Bulgaria $2.22B
South Africa $2.07B
Costa Rica $1.86B
Cuba $1.66B
Equatorial Guinea $0.84B
Paraguay $0.39B
Ecuador $0.02B
Belize $0.00B
Nauru $-0.04B
Samoa $-0.12B
Marshall Islands $-0.17B
American Samoa $-0.22B
Tonga $-0.22B
Belarus $-0.43B
Maldives $-0.50B
Fiji $-0.57B
Montenegro $-1.17B
Namibia $-1.38B
Botswana $-1.49B
North Macedonia $-1.73B
Armenia $-1.83B
Albania $-2.11B
Mauritius $-2.13B
Jamaica $-2.22B
Bosnia $-2.96B
Mexico $-3.23B
Dominican Republic $-4.33B
Serbia $-5.12B
Jordan $-5.79B
Guatemala $-7.93B
Romania $-10.30B
Algeria $-11.02B
Lebanon $-11.14B
Brazil $-12.07B
Iran $-13.50B
Colombia $-18.81B
Libya Trade Balance - Historical Data
Year Billions of US $ % of GDP
2019 $5.17B 7.46%
2018 $11.84B 15.45%
2017 $4.60B 6.85%
2016 $-5.97B -11.95%
2015 $-6.07B -12.45%
2014 $-6.91B -12.05%
2013 $10.13B 13.44%
2012 $32.86B 35.51%
2011 $6.40B 13.29%
2010 $25.98B 34.47%
2009 $11.46B 18.85%
2008 $39.01B 44.99%
2007 $30.03B 44.13%
2006 $27.61B 45.94%
2005 $17.31B 36.57%
2004 $10.39B 31.38%
2003 $6.31B 24.02%
2002 $2.19B 10.68%
2001 $3.38B 9.91%
2000 $6.83B 17.83%
1999 $2.03B 5.64%
1998 $-0.41B -1.51%
1997 $1.52B 4.94%
1996 $1.33B 4.76%
1995 $1.73B 6.76%
1994 $0.26B 0.92%
1993 $-1.01B -3.30%
1992 $1.73B 5.12%
1991 $0.98B 3.07%
1990 $2.47B 8.55%