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Libya is the 91st largest export economy in the world. In 2015, Libya exported $8.78B and imported $11.4B, resulting in a negative trade balance of $2.65B.

The top exports of Libya are Crude Petroleum ($6.08B), Petroleum Gas ($1.88B), Refined Petroleum ($328M), Nitrogenous Fertilizers ($90.1M) and Gold ($54.4M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.02B), Planes, Helicopters, and/or Spacecraft ($706M), Cars ($239M), Wheat ($233M) and Other Furniture ($203M).

The top export destinations of Libya are Italy ($3.46B), Germany ($1.2B), France ($855M), China ($841M) and Spain ($604M). The top import origins are China ($1.9B), Italy ($1.65B), Turkey ($1.42B), France ($761M) and Spain ($596M).

Libya borders Algeria, Egypt, Niger, Sudan, Chad and Tunisia by land and Greece, Italy and Malta by sea.

Economic Complexity of Libya

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