Libya Trade Balance 1990-2021

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 $5.87B, a 47.18% 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 $49.70B
Malaysia $27.14B
Turkey $21.32B
Kazakhstan $15.58B
Azerbaijan $5.92B
Libya $5.87B
Gabon $4.91B
Peru $2.83B
Bulgaria $2.20B
South Africa $1.77B
Costa Rica $0.97B
Equatorial Guinea $0.32B
Paraguay $0.07B
Ecuador $0.04B
Belize $-0.01B
Grenada $-0.07B
Nauru $-0.07B
Samoa $-0.12B
Dominica $-0.19B
Tonga $-0.23B
Belarus $-0.30B
Maldives $-0.50B
Montenegro $-1.17B
Botswana $-1.27B
Namibia $-1.47B
North Macedonia $-1.79B
Armenia $-1.83B
Albania $-2.11B
Mauritius $-2.13B
Jamaica $-2.16B
Iraq $-2.91B
Bosnia $-3.05B
Mexico $-3.18B
Dominican Republic $-4.33B
Serbia $-5.14B
Jordan $-6.07B
Brazil $-6.10B
Guatemala $-8.03B
Romania $-9.65B
Algeria $-11.01B
Lebanon $-13.17B
Colombia $-19.79B
Libya Trade Balance - Historical Data
Year Billions of US $ % of GDP
2019 $5.87B 11.27%
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%