Libya economy depends primarily upon revenues from the oil sector, which constitute practically all export earnings and about one-quarter of gross domestic product (GDP). These oil revenues and a small population give Libya one of the highest GDPs per person in Africa. Crude petroleum and natural gas are by far the leading exports; the main imports are machinery, transportation equipment, foodstuffs, and manufactured consumer goods. The principal trading partners are Italy, Germany, Turkey, France, and Spain.
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