Libya Trade Balance 1990-2020

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 $5.91B, a 46.82% decline from 2018.
  • Libya trade balance for 2018 was $11.11B, a 188.94% increase from 2017.
  • Libya trade balance for 2017 was $3.85B, a 181.85% decline from 2016.
  • Libya trade balance for 2016 was $-4.70B, a 50.81% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $164.99B
Russia $128.37B
Thailand $49.92B
Malaysia $27.68B
Kazakhstan $15.58B
Turkey $13.84B
Azerbaijan $5.92B
Libya $5.91B
Gabon $4.97B
Peru $2.83B
Bulgaria $2.33B
South Africa $1.77B
Costa Rica $0.87B
Equatorial Guinea $0.32B
Paraguay $0.07B
Ecuador $0.04B
Belize $-0.01B
Grenada $-0.01B
Nauru $-0.07B
Samoa $-0.13B
Maldives $-0.18B
Dominica $-0.22B
Belarus $-0.30B
Guyana $-0.56B
Mexico $-0.67B
Montenegro $-1.17B
Botswana $-1.27B
Namibia $-1.47B
North Macedonia $-1.76B
Armenia $-1.97B
Mauritius $-2.05B
Albania $-2.09B
Jamaica $-2.16B
Bosnia $-3.12B
Serbia $-4.50B
Dominican Republic $-4.99B
Iraq $-5.19B
Jordan $-5.75B
Brazil $-6.10B
Guatemala $-8.03B
Romania $-9.65B
Lebanon $-10.83B
Algeria $-11.74B
Colombia $-20.42B
Libya Trade Balance - Historical Data
Year Billions of US $ % of GDP
2019 $5.91B 11.35%
2018 $11.11B 21.13%
2017 $3.85B 10.15%
2016 $-4.70B -17.94%
2015 $-9.55B -34.31%
2014 $-18.46B -44.87%
2013 $3.67B 5.61%
2012 $28.55B 34.88%
2011 $3.48B 10.04%
2010 $17.58B 23.51%
2009 $10.35B 16.41%
2008 $37.93B 43.53%
2007 $29.15B 43.17%
2006 $24.88B 45.26%
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%