Libya

Libya flag

Map of Libya

General Overview

Population:

6,597,960 (July 2011 est.)

GDP (purchasing power parity):

US $89.03 billion (2010 est.)

GDP per capita (PPP):

US $13,800 (2010 est.)

GDP (real growth rate):

3.3% (2010 est.)

Industries:

  • Petroleum
  • Iron and steel
  • Food processing
  • Textiles
  • Handicrafts
  • Cement

Imports:

US $24.47 billion (2010 est.)

Import commodities:

  • Machinery
  • Semi-finished goods
  • Food
  • Transport equipment
  • Consumer products

Exports:

US $44.89 billion (2010 est.)

Export commodities:

  • Crude oil
  • Refined petroleum products
  • Natural gas
  • Chemicals

Alberta's exports to Libya:

CAN $34.8 million (2010)

Alberta's main exports to Libya:

  • Instruments for physical or chemical analysis
  • Taps, cocks and valves
  • Iron or steel articles
  • Synthetic fibres
  • Parts of boring or sinking and other machinery
  • Engines
  • Electrical boards, panels and circuits
  • Pipe or tube fittings
  • Lifting, handling, loading or unloading machinery
  • Parts of power transmission equipment
  • Instruments for measuring liquids
  • Parts for automatic regulating or controlling instruments
  • Vehicles
  • Other machinery

Canada's main exports to Libya:

  • Airplanes
  • Iron
  • Instruments for physical or chemical analysis
  • Corn
  • Models for demonstration
  • Taps, cocks and valves
  • Iron or steel articles
  • Synthetic fibres, parts of boring or sinking machinery

Information about Libya

CIA World Factbook
Detailed information about Libya's economy, political system and history.
Country profile of Libya
Detailed Library of Congress profile of Libya.

Export statistics

Alberta's International Trade Review
An analysis of Alberta's international exports of goods and services. Published by Alberta International and Intergovernmental Relations.
Trade Data Online
Customized reports on Canada's trade with over 200 countries.

Alberta-Libya relations

World Relations
A summary of Alberta's relationship with Libya.

Sector opportunities for Alberta businesses interested in exporting their products

  • Industrial machinery and equipment: Libya is embarking on an ambitious program to triple its oil output over the next 10 to 15 years. This will mean numerous opportunities in all areas of the industry. Initial prospects will come in the seismic, service and training areas. Equipment will follow, but pricing may be tight as Libya puts strict restrictions on their auctioned parcels. As with other countries in the Middle East-North Africa region, Libya gives preference to companies with local partners, or those who have set invested in the country through opening plants or service centres.

Services for exporters

Canada Business
Online tool for new and experienced exporters.
The Canadian Commercial Corporation
Crown corporation that promotes and facilitates international trade on behalf of Canadian industry.
Export Alert!
A resource for exporters to learn about changes in foreign export regulations.
Export resources
Resources for both new and experienced exporters.
International Trade Canada
Sector reports as well as a list of staff contacts that can assist exporters.

Services in Libya