Country import demand

Libya
import demand

A reported view of Libya's import scale, sector demand, supplier breadth, economy, and trade history.

LBY1995-2024 coverage270 active partner marketsEconomy and income contracted
Latest imports$23.1B2024 reported
Import growth+1.9%Year on year
Population7.4MReported population
GDP per capita$6.6KCurrent-dollar GDP
Trade openness98.1%Exports + imports / GDP

The country import read

What does Libya import?

In 2024, Libya recorded $23.1B in reported imports. Imports changed +1.9% year on year and +11.1% annualized over three years. Mineral fuels was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$20.0B
2014
$18.2B
2015
$12.4B
2016
$10.1B
2017
$9.2B
2018
$13.0B
2019
$15.2B
2020
$11.7B
2021
$16.9B
2022
$20.2B
2023
$22.7B
2024
$23.1B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$48.5B2024 macro context
GDP growth-6.9%Five-year CAGR
Population growth1.2%Five-year CAGR
Investment rate10.4%National rate
Savings rate-15.5%National rate
Trade openness98.1%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Libya
RankSectorImportsShareImport partnersActive HS6
1Mineral fuelsHS2 27$4.0B17.2%6332
2Precious stones and metalsHS2 71$671.3M2.9%2823
3Iron and steelHS2 72$280.3M1.2%39154
4Organic chemicalsHS2 29$61.8M0.3%46332
5Inorganic chemicalsHS2 28$24.8M0.1%42122
6CopperHS2 74$17.7M0.1%3843
7AluminiumHS2 76$157.6M0.7%5235
8Fish and crustaceansHS2 03$48.7M0.2%2675
9LeadHS2 78$678.1K0%177
10Salt, sulphur, earths and stoneHS2 25$198.2M0.9%3753

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,162.1Partner HHI
Top 3 partner share48.5%Reported concentration
FTA partner markets15Reported count
Average distance6,556 kmCalculated average
Macro resilienceEconomy and income contractedCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3LBY
Exports Usd$29.6B
Imports Usd$23.1B
Trade Balance Usd$6.5B
Yoy Exports Growth Pct-10%
Yoy Imports Growth Pct1.9%
Exports Cagr 3y Pct-1.9%
Imports Cagr 3y Pct11.1%
Export Partner Hhi1,162.1
Export Product Hhi7,309.8
Momentum Score-7.6
Risk Score42.4
Gdp Million Usd48,487.2 million USD
Gdp Per Capita Usd$6.6K
Population7,381,023
Labor Force2,579.2
Investment Rate Pct10.4%
Savings Rate Pct-15.5%
Secondary Education Pct65.2%
Tertiary Education Pct37%
Total Factor Productivity816.4
Trade Openness Pct98.1%
Exports Gdp Pct55.1%
Num Active Partners270
Num Fta Partners15
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners7%
Num Shared Language Partners27%
Avg Partner Distance Km6,556 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta6
Pct Partners Shared Language10%
Pct Partners Shared Border2.6%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km6,557 km
Num Border Partners165
Num Colonial Partners50
Avg Substitution Elasticity-11.4
Pct Products High Elasticity74.4
Pct Products Low Elasticity3
Real Market Potential59,155.8
Foreign Market Potential13,899.7

Supplier context

Country Iso3LBY
All History Lane Count2,057
Current Lane Count290
Critical Lane Count19
High Attention Lane Count91
High Volatility Lane Count103
Unrecovered Drawdown Lane Count140
Declining Demand Lane Count2
Concentrated Market Lane Count133
Access Friction Lane Count32
Buyer Macro Weakness Lane Count10
Monitored Exports Current Usd$29.5B
Attention Exports Usd$7.4B
Critical Exports Usd$1.6B
High Volatility Exports Usd$4.1B
Unrecovered Drawdown Exports Usd$16.0B
Non Fta Exports Usd$27.7B
Monitored Attention Share Pct25%
Monitored Critical Share Pct5.5%
Fta Covered Exports Share Pct4.9%
Export Weighted Volatility Cv0.8
Export Weighted Below Peak Pct50.8%
Export Weighted Distance Km3,240 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$29.6B
Total Imports Latest Usd$23.1B
Trade Balance Latest Usd$6.5B
Exports Yoy Latest Pct-10%
Exports Cagr 3y Latest Pct-1.9%
Gdp Latest Million Usd48,487.2 million USD
Gdp Per Capita Latest Usd$6.6K
Population Latest7,381,023
Investment Rate Latest Pct10.4%
Savings Rate Latest Pct-15.5%
Trade Openness Latest Pct98.1%
Exports Gdp Latest Pct55.1%
Active Partners Latest270
Fta Partners Latest15
Foreign Market Potential Latest13,899.7
Gdp 5y Cagr Pct-6.9%
Gdp Per Capita 5y Cagr Pct-8%
Population 5y Cagr Pct1.2%
Partner Hhi Latest1,162.1
Partner Top1 Share Latest Pct25.9%
Partner Top3 Share Latest Pct48.5%
Partner Hhi All Avg1,740.7
Partner Hhi All Max2,468.4
Product Hhi Latest7,309.8
Product Top1 Share Latest Pct85.4%
Product Top3 Share Latest Pct90.7%
Product Hhi All Avg6,429.6
Product Hhi All Max7,648.7
Total Exports Attention Share Pct24.9%
Total Exports Critical Share Pct5.5%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelEconomy and income contracted

Annual import history

YearImportsExportsBalanceImports YoY
1995$4.3B$8.8B$4.5B+0%
1996$4.8B$10.4B$5.5B+12.1%
1997$4.8B$9.7B$5.0B-1.4%
1998$4.3B$7.0B$2.7B-10.5%
1999$3.9B$8.3B$4.4B-8.7%
2000$3.6B$13.2B$9.5B-6.3%
2001$3.7B$9.1B$5.4B+1.9%
2002$5.1B$8.9B$3.8B+37.2%
2003$5.4B$12.0B$6.6B+5.9%
2004$6.6B$16.7B$10.1B+23.3%
2005$7.5B$24.5B$17.0B+12.4%
2006$8.6B$33.6B$25.0B+15.3%
2007$11.1B$39.7B$28.6B+28.8%
2008$16.3B$54.1B$37.8B+46.8%
2009$18.5B$32.9B$14.4B+14%
2010$21.5B$43.7B$22.2B+15.9%
2011$5.9B$14.1B$8.2B-72.6%
2012$22.1B$56.4B$34.3B+275.2%
2013$20.0B$33.7B$13.7B-9.3%
2014$18.2B$23.1B$4.9B-8.8%
2015$12.4B$15.3B$2.9B-31.9%
2016$10.1B$13.9B$3.8B-18.8%
2017$9.2B$19.9B$10.7B-9.3%
2018$13.0B$30.2B$17.2B+42.4%
2019$15.2B$28.5B$13.3B+16.4%
2020$11.7B$8.4B-$3.3B-23.1%
2021$16.9B$31.4B$14.5B+44.6%
2022$20.2B$37.8B$17.7B+19.6%
2023$22.7B$32.9B$10.3B+12.4%
2024$23.1B$29.6B$6.5B+1.9%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
127Mineral fuels$4.0B17.2%6332
271Precious stones and metals$671.3M2.9%2823
372Iron and steel$280.3M1.2%39154
429Organic chemicals$61.8M0.3%46332
528Inorganic chemicals$24.8M0.1%42122
674Copper$17.7M0.1%3843
776Aluminium$157.6M0.7%5235
803Fish and crustaceans$48.7M0.2%2675
978Lead$678.1K0%177
1025Salt, sulphur, earths and stone$198.2M0.9%3753

Questions about this profile

Libya import demand, in context

Short answers for import and supplier research.

What does the Libya import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Libya.

What is the latest reported import value for Libya?

Libya recorded $23.1B in reported imports in 2024.

Which sectors lead Libya's imports?

Mineral fuels leads by reported import value at $4.0B.

How many years of Libya import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.