We evaluate the light baryonium sepectrum, viz. the baryon-antibaryon states, in the framework of QCD sum rules. The non-perturbative contributions up to dimension 12 are taken into account.Numerical results indicate that there might exist 8 possible light baryonium states, i.e. p-p, Λ-Λ, Σ-Σ, and Ξ-Ξ with quantum numbers of 0 −+ and 1 −− . For the Λ-Λ, Σ-Σ, and Ξ-Ξ states, their masses are found above the corresponding dibaryon thresholds, while the masses of p-p states are not. The possible baryonium decay modes are analyzed, which are hopefully measurable in BESIII, BELLEII, and LHCb experiments.