During the year 2018, Exports from Sri Lanka to Libya amounted to a total value of Rs. 9,205.02 million, while the Imports to Sri Lanka from Libya amounted to a total value of Rs. 12.87 million. This resulted in a positive Bilateral Trade Balance of Rs. 9,192.15 million for Sri Lanka with libya for the year 2018.
In comparison, during the year 2017, Exports from Sri Lanka to Libya amounted to a total value of Rs. 8,004.24 million, while the Imports to Sri Lanka from Libya amounted to a total value of Rs.3.43 million. This resulted in a positive Bilateral Trade Balance of Rs. 8,000.81 million for Sri Lanka with Libya for the year 2017.
Therefore there has been an increase in the Bilateral Trade surplus of Sri Lanka with Libya from the year 2017 to the year 2018.
Libya is a country with a upper middle income Economy.
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|Source : World Bank|
Source : World Bank
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