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The Italian Trade Commissioner to our source: “Italy this year is the first market for Libyan exports”
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.