Import value of oils and fats into Libya 2016-2019
exports, resulting in a substantial trade deficit.
The imports of oils and fats of both animal and vegetable origin into Libya reached an estimated value of 260 million Libyan dinars (roughly 57.8 million U.S. dollars) in 2019. The import value increased compared to the previous year, while it fell compared to 2016, when it peaked at nearly 389 million Libyan dinars (86.5 million U.S. dollars). In the period under review, the imports of oils and fats were significantly higher than the