Libya | Merchandise exports (current US$)
Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source
Libya | Merchandise exports (current US$)
9000000 1960
16000000 1961
137000000 1962
374000000 1963
700000000 1964
790000000 1965
995000000 1966
1168000000 1967
1871000000 1968
2164000000 1969
2357000000 1970
2694000000 1971
2938000000 1972
4003000000 1973
8259000000 1974
6834000000 1975
9554000000 1976
11411000000 1977
9895000000 1978
16076000000 1979
21910000000 1980
15571000000 1981
13203000000 1982
12216000000 1983
11148000000 1984
12314000000 1985
8215000000 1986
8043000000 1987
6673000000 1988
8034000000 1989
13225000000 1990
11235000000 1991
9942000000 1992
8590000000 1993
8954000000 1994
8975000000 1995
9903000000 1996
9656000000 1997
6659000000 1998
7947000000 1999
12038000000 2000
10634000000 2001
9851000000 2002
12878000000 2003
17425000000 2004
28849000000 2005
37473000000 2006
46929000000 2007
61950000000 2008
37055000000 2009
48935000000 2010
19060000000 2011
61026000000 2012
46018000000 2013
20826000000 2014
11392000000 2015
6764000000 2016
18865000000 2017
29830000000 2018
29058000000 2019
9312000000 2020
33417000000 2021
37686000000 2022
Libya | Merchandise exports (current US$)
Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source