22 Hrs
Source:
عين ليبيا
Oil boosts Libya's exports with $6.256B surplus
Libyan foreign trade data from January 1 to July 31, 2026, showed a trade surplus of $6.256 billion, supported by strong exports and continued oil sector revenues. Total exports amounted to $17.863 billion, compared to commodity imports valued at $11.607 billion. These imports included hydrocarbons worth $4.628 billion and private sector imports via letter of credit worth $6.979 billion. The results confirm that exports are capable of covering imports and generating a surplus that enhances the external economic position and stabilizes financial conditions. It is important to note that the trade balance measures only the movement of goods and does not include other uses of foreign currency.
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