Libya

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About Libya

Libya, officially known as the State of Libya is a prominent country in North Africa. The country
was part of Italian Colonization.

The primary revenue of Libya has been Oil due to the largest proven oil reserves in the African Region. Due to the Sahara Desert, the country’s Agricultural production is limited.

Country Facts

 

Basic Details
RegionNorth Africa
Capital CityTripoli
Government TypeRepublic Under Provisional Government
Official LanguagesArabic
CurrencyLibyan dinar, LYD
Phone Code +218
Important CitiesTripoli, Benghazi, Misrata, Zliten, Bayda, Zawiya, Ajdabiya, Tobruk, Sabha, Khoms, Derna, Sabratha, Zuwara
National DayIndependence Day (Dec-24)
Economy
GDP (nominal)USD 40.194 Billion
Ease of Doing Business Ranking186
Primary IndustriesField Development and Exploration,Refining and Downstream.
Foreign Relations
Bordering NationsEgypt, Sudan, Niger, Chad, Tunisia, Algeria
Member of(African Union), ( Arab League), ( OPEC), ( Organisation of Islamic Cooperation), ( United Nations)
Major ExportsMining, Metals & Minerals, Gems & Jewellery, Chemical Products, Agriculture & Farming Products and Solutions, Marine Vessels, Fisheries, Sea Food & Crustaceans, Electrical Products, Wood and Pulp, Other Products, Edible Oils & Seeds, Hides, Leather & Tannery, Machinery & Appliances
Major ImportsMining, Metals & Minerals, Electrical Products, Machinery & Appliances, Automobiles, Vehicles & Components, Plastics and Products, Agriculture & Farming Products and Solutions, Pharmaceutical Products, Dairy, Eggs, Honey, & Edible Products, Gems & Jewellery, Household Items & Products, Edible Oils & Seeds, Cereals & Pulses, Fashion and Apparel, Cosmetics and Accessories, Ceramic Products, Food & Beverages, Spirits & Vinegar, Fruits and Nuts
Total Exports ValueUSD 41.450 Billion
Total Imports ValueUSD 19.665 Billion
Foreign Trade BalanceUSD 21.785 Billion (Excess)
Foreign Relations with India
Flags
Maps
Trade Agreements with IndiaAvoidance of Double Taxation and Prevention of Fiscal Evasion (1981) Agreement for Cooperation in the field of Health and Medical Sciences (1983) Agreement on Economic Cooperation (1985) Bilateral Investment Promotion and Protection Agreement (BIPPA) (2007) Cultural Exchange Agreement (2007) Memorandum of Understanding for Cooperation in the Field of Elections(2012). MoU between the two Election Commissions in Nov 2012.
Major Exports to IndiaMining, Metals & Minerals, Agriculture & Farming Products and Solutions, Electrical Products, Wood and Pulp, Instruments & Optical Solutions, Live Animals and Animal Products, Hides, Leather & Tannery, Other Products, Edible Oils & Seeds, Spices, Fruits and Nuts, Cereals & Pulses, Chemical Products, Books and Papers, Machinery & Appliances
Major Imports from IndiaFood & Beverages, Spirits & Vinegar, Ceramic Products, Spices, Automobiles, Vehicles & Components, Building & Construction Products & Services, Machinery & Appliances, Mining, Metals & Minerals, Pharmaceutical Products, Cereals & Pulses, Electrical Products, Books and Papers, Animal Meat and Food Preperations, Instruments & Optical Solutions, Agriculture & Farming Products and Solutions, Vegetables and Related Products, Chemical Products, Plastics and Products, Cosmetics and Accessories
India's Imports ValueUSD 729.89 Million
India's Exports ValueUSD 337.91 Million
Trade Balance with IndiaUSD 391.98 Million (Excess)
Indian Embassy Details for LibyaEmbassy of India
H.E. Shri N. J. Gangte
Honourable Ambassador
4, Rue Didon, Place Notre Dame, Mutuelville, Tunis, Tunisia
hoc.tunis@mea.gov.in
00-216-71-787819, 790968
https://www.embassyofindiatunis.gov.in/


Embassy Details of Libya in IndiaLibya
Embassy of State of Libya
H.E. Mr. Mohamed M M Eswaie
Charge d Affaires
D-1/27 Vasant Vihar, New Delhi-110057

+91-11-2469 7717, 2469 7771 (O)