Libya
Trade Information
Key Trading Partners
Not available.
Principal exports
Crude oil, refined petroleum products, natural
gas and chemicals.
Documentation
Imports
Bill of lading, commercial invoice, customs
import declaration, certificate of origin and
packing list.
Exports
Bill of lading, commercial invoice, pro forma
invoice, certificate of origin and technical
standard or health certificate.
Licences
Imports
No import licences are required but there is
a state monopoly on petroleum products and
weapons.
Exports
Export licences are not required except for
raw wool, hides and skins and agricultural
products. Exports must register with the
Ministry of Economy and supply relevant
documentation on their exports.
Tariffs/taxes
Imports
The only import tariff is a 10 percent charge
on some tobacco products. A general service
fee of between 4 and 10 percent is applied
to all imported goods. A consumption tax of
between 15 and 25 percent is applied on 81
goods that are produced domestically. All
imports from Arab countries are exempt from
customs duties, as long as domestic value
added is at least 40 percent.
Exports
Tariffs are applied to some agricultural
exports. An export duty of 50 percent is
applied on manufactured goods.Financing requirements for imports/
exports
Commercial banks in Libya are required by
the central bank to impose a minimum cash
margin of 15 percent on letters of credit
opened for imports.
There are no financing requirements for
exports.Prohibited items
Imports
Importers are prohibited from dealing with
intermediaries and must deal directly with
producers abroad. There are also import
bans on four products for religious, health
and ecological reasons.
Imports from Israel are prohibited.
Exports
Exports of electricity, hides, non-monetary
gold (other than for processing abroad),
paper products, school supplies, scrap
metal and telecommunication services are
prohibited. Exports and re-exports of certain
agricultural products, including vegetable
oils, wheat, wheat flour, coffee, tea, sugar
and semolina, are also prohibited.
All exports to Israel are prohibited.