Italy is confirmed and consolidated, in the first 11 months of 2022, as Libya ‘s first commercial partner, according to the latest data from the Italian Trade Agency (ICE).
As per ICE data, in the first eleven months of 2022, the Italy-Libya trade reached 11.09 billion euros with a +67.38 percent compared to the same period of 2021 and a market share of 23.19 percent ahead of China (9.22 percent market share with 4.41 billion euros), Greece (8 .31 percent with 3.97 billion euros), Spain (8.06 percent with 3.85 billion euros), Germany (7.62 percent with 3.64 billion euros), Turkey (6.58 per cent with €3.15 billion), the Netherlands (4.55 per cent with €2.17 billion).
Italy’s exports to Libya grew, in the first eleven months of 2022, by 73.69 percent compared to the same period of 2021, with 1.94 billion euros and a market share of 13.11 percent. Italy is Libya’s third supplier country after Turkey, which totaled 2.46 billion euros and +16.44 percent, with a market share of 16.64 percent and China with 1.97 billion euros and +22.49 percent and a market share of 13.32 percent compared to the first 11 months of 2021.
Greece and Belgium remain in fourth and fifth place, respectively with 11.78 percent and 8.17 percent market share.