Italy Strengthens Tech Exports to Libya
Total trade between the two countries reached €2.12 billion from January to March, representing an 18.51% market share. This marks a slight decrease of 5.37% compared to the same period in 2024. Nevertheless, Italy remains ahead of Germany (€1.36 billion, +25.25%), China (€1.11 billion, +20.63%), Greece (€859 million), and Turkey (€840 million, +25.6%).
Italian exports to Libya stood at €440 million (8.35% share), showing a small decline from the previous year. Despite this, Italy is still Libya's third-largest supplier after China (€884 million, +36%) and Turkey (€750 million, +34%), and remains the top European exporter to Libya. Other key European suppliers include Greece (€293 million, +30.5%), the Netherlands (€223 million, +152%), and Germany (€214 million, +55%).
Italian imports from Libya totalled €1.77 billion in Q1, down 2.49% from 2024. Rome holds a 23.37% share of Libya's export market, ahead of Greece (5.55%), the Netherlands (4.22%), and Germany (15.69%), whose imports fell sharply by 55.9%.
The energy sector remains the backbone of trade, with €174 million in oil refining products accounting for 40% of Italian exports, despite a 35.2% drop. The mechanical sector saw strong gains: general machinery reached €56 million (+54.5%) and electrical equipment €55 million (+79.2%), reinforcing Italy's technological foothold.
The automotive sector rose to €16.8 million (+66.9%), while furniture exports hit €6.6 million (+13.1%). The chemical-pharmaceutical segment also grew: chemical exports reached €14 million (+36.5%) and pharmaceuticals €8.7 million (+22.9%).
Agri-food exports, historically Italy's third-largest sector in Libya, declined slightly to €51 million (-5%). Tags: economyExportItalylibyaTrade
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