The Italian Trade Commissioner, Romano Baruzzi, told our source today, Tuesday, that Italian exports to Libya rose in the first three months of 2022 by 52.3% compared to the same period of the previous year, with an export value of 370.60 million euros, with a market share of 11%. On the other hand, imports from Libya to Italy rose by 116.44% with a total of 2.07 billion euros.
Baruzzi added to to our source that Italy this year is the first market for Libyan exports with a market share of 24.67%, ahead of Germany 11.6% with 973.89 million euros, Spain 11.04% with 926.45 million euros and China 8.94% with 750.36 million euros.
Baruzzi stressed that trade between Italy and Libya in 2022 exceeded 2.44 billion euros, with an increase of 103.43% compared to the same period of the previous year, and a market share of 20.71%, ahead of China 9.83% with 1.16 billion euros, Spain 9.59% with 1.13 billion euros and Germany 9.20% with 1.09 billion euros and Turkey 8.24% with 971.23 million euros.