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 (2018-2021), with the world.
The indicator (degree of external exposure): The ratio of the volume of foreign trade (exports + imports) to the gross domestic product continues to increase the degree of exposure of the national economy to the world from 53.5% in 2018 to 60.5% in 2019, then decreased to 43.2% in 2020. In 2021, it rose to 112.0, which indicates that the economy is greatly affected by changes and external conditions.
