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Libya Trade Summary

2016

Libya exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR LIBYA 2016

Overall Exports and Imports for Libya 2016

Exports and imports of Libya in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 20,136 million.
  • The total value of imports (CIF) was 10,449 million.
  • At the HS6 digit level, 567 products were exported to 81 countries and 3,019 products were imported from 91 countries.

Libya top 5 Export and Import partners 2016

Top five countries to which Libya exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Libya exports to Italy worth US$ 7,027 million, with a partner share of 34.90 percent.
  2. Libya exports to Spain worth US$ 2,227 million, with a partner share of 11.06 percent.
  3. Libya exports to China worth US$ 1,694 million, with a partner share of 8.41 percent.
  4. Libya exports to United Arab Emirates worth US$ 1,675 million, with a partner share of 8.32 percent.
  5. Libya exports to France worth US$ 1,316 million, with a partner share of 6.53 percent.

Top five countries from which Libya imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Libya imports from Italy worth US$ 1,309 million, with a partner share of 12.53 percent.
  2. Libya imports from China worth US$ 1,185 million, with a partner share of 11.34 percent.
  3. Libya imports from United Arab Emirates worth US$ 918 million, with a partner share of 8.78 percent.
  4. Libya imports from Turkey worth US$ 906 million, with a partner share of 8.67 percent.
  5. Libya imports from Korea, Rep. worth US$ 717 million, with a partner share of 6.86 percent.

Libya Top 5 Productsexports imports at HS 6 digit level 2016

The top five exported HS 6 digit level products to world by Libya along with trade value are:

  1. Libya exported Petroleum oils and oils obtained from bituminou , worth US$ 15,280,618.90 million.
  2. Libya exported Gold in unwrought forms non-monetary , worth US$ 1,668,244.35 million.
  3. Libya exported Natural gas, liquefied , worth US$ 877,679.95 million.
  4. Libya exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 659,949.13 million.
  5. Libya exported Butanes, liquefied , worth US$ 137,311.13 million.

The top five imported HS 6 digit level products from world by Libya along with trade value are

  1. Libya imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,092,241.56 million.
  2. Libya imported Tankers , worth US$ 425,700.00 million.
  3. Libya imported Tomatoes, preserved otherwise than by vinegar o , worth US$ 333,015.42 million.
  4. Libya imported Spelt, common wheat and meslin , worth US$ 216,091.05 million.
  5. Libya imported Parts of gas turbines nes , worth US$ 200,866.58 million.

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Libya in 2016 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2016

Key Development Indicators of Libya in 2016 are below

  • Libya GDP in current US dollar was 49,912 million.
  • GNI per capita, Atlas method (current US$) was 8,100.00 .
  • Libya Trade balance: as % of GDP was -11.95.
  • Trade balance in current US$ was -5,967.00 million.
  • Trade as percentage of GDP was 41.11 .
  • Trade in services as percentage of GDP was 5.95 .

Trade Indicators 2016

Trade Indicators for Libya in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 1.44.
  • World Growth in percentage was -1.38 and Libya Country Growth was -8.33 .