Goods Imports (BoP, USD) fell 47.2% to USD 8.67 bil in Libya in 2016

Goods Imports (BoP, USD) (USD bil)
Economy | Libya | February 1, 2019
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Goods imports as a part of balance payment reached 30.4 USD bil in 2014 in Libya, according to the National Statistical Office. This is 85.2 % more than in the previous year.

Historically, goods imports as a part of balance payment in Libya reached an all time high of 34.0 USD bil in 2013 and an all time low of 4.13 USD bil in 2000. When compared to Libya's main peers, goods imports as a part of balance payment in Algeria amounted to 59.5 USD bil, 56.4 USD bil in Egypt and 23.4 USD bil in Tunisia in 2014.

Libya has been ranked 64th within the group of 162 countries we follow in terms of goods imports as a part of balance payment, 3 places above the position seen 10 years ago.

Goods imports refer to all movable goods (including non-monetary gold) involved in a change of ownership from non-residents to residents.

Goods Imports (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria USD bil 46.8 51.5 54.9 59.5 52.3
Cameroon USD bil 6.23 6.03 6.28 7.01 5.59
Chad USD bil ... ... ... ... ... ... ... ... ...
Egypt USD bil 47.3 52.4 48.9 56.4 50.4
Israel USD bil 72.5 70.4 70.6 71.0 60.4
Italy USD bil 532 464 455 455 394
Libya USD bil 11.2 25.6 34.0 30.4 16.4 ...
Malta USD bil 5.64 5.53 5.28 4.96 5.17
Morocco USD bil 37.3 38.9 39.9 41.0 33.3
Niger USD bil 2.19 1.90 2.02 2.19 1.98
Nigeria USD bil 66.2 56.9 54.9 61.0 53.9
Saudi Arabia USD bil 120 142 153 158 159
Spain USD bil 362 326 331 347 302
Sudan USD bil 8.13 8.12 8.73 8.11 8.56
Tunisia USD bil 22.6 23.1 23.0 23.4 19.1