|Official Name:||Great Socialist People's Libyan Arab Jamahiriya|
|Area:||1.75 million sq.km or 0.67 million sq mi|
|Borders||Algeria, Egypt, Niger, Sudan, Chad and Tunisia by land and Greece, Italy and Malta by sea.|
|Major Cities:||Tripoli, Benghazi, Misratah, Tarhunah|
|Climate:||dry and hot in summer and cool and dry in winter.|
In 2014, Libya exported $18.4B and imported $16.1B, resulting in a positive trade balance of $2.32B. In 2014 the GDP of Libya was $41.1B and its GDP per capita was $15.6k.
The top exports of Libya are:
Crude Petroleum ($14.4B), Petroleum Gas ($2.63B), Refined Petroleum ($696M), Gold ($95.4M) and Iron Reductions ($89.1M).
The top export destinations of Libya are:
Italy ($5.58B), France ($2.27B), Germany ($2.1B), the Netherlands ($1.39B) and Spain ($1.07B).
Its top imports are:
Refined Petroleum ($2.32B), Cars ($603M), Wheat ($434M), Other Furniture ($282M) and Insulated Wire ($245M).
The top import origins are:
Italy ($2.93B), China ($2.12B),Turkey ($2.06B), Egypt ($969M) and South Korea ($885M).
Economy in Libya now
or business in Libya today:
Libyan - Maltese Chamber of Commerce
Trade Promotion Organizations Libya
The country is best known for its ancient Greek and Roman ruins and Sahara desert landscapes.
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