Libya world map

Trade in Libya

Libya was the world’s 66th largest exporter of goods in 2022. Export values were $37.69 billion USD. Libya’s top export category was Fuels and mining products, followed by Manufactures, and Chemicals. In 2022, Libya’s main export destination markets for goods and services trade were to Italy, China and Spain. In terms of imports, Libya is the world’s 84th largest importer of goods . Import values were $29.63 billion USD in 2022. Libya’s top import category was Manufactures, followed by Fuels and mining products and Agricultural products. Leading import partners were Turkey, United Arab Emirates and China. Libya is part of 2 different Regional Trade Agreements, including Common Market for Eastern and Southern Africa (COMESA) – Accession of Egypt and Common Market for Eastern and Southern Africa (COMESA) – Accession of Seychelles.
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General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Libya

Abbreviation

LY

Capital

Trpoli

WTO Membership Date

Observer

Legal System

Libya's post-revolution legal system is in flux and driven by state and non-state entities

Language

Arabic

Number of Time Zone(s)

1

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Libyan dinar

Exchange Rate

Google Finance Currencies

Contact Information

This section includes contact information for business support organizations and national resources.

Additional Information

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Last Reviewed: June, 2024

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