The Research and Statistics Department of the Central Bank of Libya issued the Foreign Trade Report of Libya 2018-2021 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.
Adapted from Sada Website