Libya
Foreign trade
Libya has long enjoyed a favorable trade balance because of exports of crude oil, mostly to Europe. Crude petroleum and petroleum products make up the majority of Libya's export commodity market (93%). Other exports include natural and manufactured gas (3.1%), hydrocarbons (1.5%), and fertilizers (1.1%). In 1997 Libya's imports were distributed among the following categories:
| Consumer goods | 13.7% |
| Food | 19.4% |
| Fuels | 0.2% |
| Industrial supplies | 29.0% |
| Machinery | 24.9% |
| Transportation | 12.6% |
| Other | 0.2% |
Principal trading partners in 1999 (in millions of US dollars) were as follows:
| COUNTRY | EXPORTS | IMPORTS | BALANCE |
| Italy | 2,987 | 756 | 2,231 |
| Germany | 1,507 | 599 | 908 |
| Spain | 1,085 | 116 | 969 |
| France | 510 | 228 | 282 |
| Vietnam | 449 | n.a. | n.a. |
| Tunisia | 321 | 142 | 179 |
| Switzerland | 105 | 171 | -66 |
| United Kingdom | 104 | 266 | -162 |
| Korea | n.a. | 322 | n.a. |
| Japan | n.a. | 203 | n.a. |
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