Libya’s foreign trade report issued by the Central Bank reveals the volume of trade exchange between Libya and the world

Our source obtained exclusively the Foreign Trade Report of Libya 2018-2021 issued by the Research and Statistics Department of the Central Bank of Libya, which contains an analysis of the most important indicators of foreign trade for the Libyan economy during the period of 2018-2021, with the world.

The volume of trade exchange (exports + imports) between Libya and the world during the period of 2018-2021 recorded an average increase of 30.9% during the period. This increase in the volume of foreign trade is due to the growth in the volume of exports, which amounted to an average of 53.8% .

The volume of trade exchange for the year 2021 recorded a remarkable increase of 120.0%, due to the increase in oil exports as a result of the resumption of production and export of crude oil after stopping during the year 2020.