logo
Libya Ranks 3rd in Russian Wheat Imports

Libya Ranks 3rd in Russian Wheat Imports

Libya Review2 days ago

Libya has emerged as the third-largest African importer of Russian wheat during the first five months of 2025, as Russia significantly boosts its grain exports to the continent.
According to expert estimates, Russian wheat shipments to West African nations exceeded 580,000 tonnes between January and May 2025. This marks a 38% increase in value compared to the same period in 2024, underlining Russia's growing role as a strategic food supplier to Africa.
Egypt and Sudan took the top two spots in terms of the value of Russian wheat imports, with Libya following closely in third place. The ranking reflects Libya's increasing reliance on Russian grain to meet its food security needs amid ongoing challenges in domestic agricultural production and supply chain disruptions.
The broader expansion of Russian wheat exports includes a dramatic increase in shipments to Nigeria—up nearly threefold—while Togo has recently begun receiving Russian wheat for the first time.
Russia's wheat diplomacy is gaining traction across the African continent, as it seeks to strengthen economic and geopolitical ties through essential food supplies. For Libya, this deepening trade relationship comes at a time when the country is striving to stabilise its economy and rebuild critical infrastructure.
Experts believe that Libya's position in the top three importers highlights both a growing demand for affordable wheat and a strategic pivot towards alternative global suppliers, particularly in light of shifting international grain markets.
The trend is expected to continue, with Russian wheat becoming a more dominant feature in Libyan food imports in the second half of the year. Tags: GrainslibyaRussiaWheat

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Libya Ranks 3rd in Russian Wheat Imports
Libya Ranks 3rd in Russian Wheat Imports

Libya Review

time2 days ago

  • Libya Review

Libya Ranks 3rd in Russian Wheat Imports

Libya has emerged as the third-largest African importer of Russian wheat during the first five months of 2025, as Russia significantly boosts its grain exports to the continent. According to expert estimates, Russian wheat shipments to West African nations exceeded 580,000 tonnes between January and May 2025. This marks a 38% increase in value compared to the same period in 2024, underlining Russia's growing role as a strategic food supplier to Africa. Egypt and Sudan took the top two spots in terms of the value of Russian wheat imports, with Libya following closely in third place. The ranking reflects Libya's increasing reliance on Russian grain to meet its food security needs amid ongoing challenges in domestic agricultural production and supply chain disruptions. The broader expansion of Russian wheat exports includes a dramatic increase in shipments to Nigeria—up nearly threefold—while Togo has recently begun receiving Russian wheat for the first time. Russia's wheat diplomacy is gaining traction across the African continent, as it seeks to strengthen economic and geopolitical ties through essential food supplies. For Libya, this deepening trade relationship comes at a time when the country is striving to stabilise its economy and rebuild critical infrastructure. Experts believe that Libya's position in the top three importers highlights both a growing demand for affordable wheat and a strategic pivot towards alternative global suppliers, particularly in light of shifting international grain markets. The trend is expected to continue, with Russian wheat becoming a more dominant feature in Libyan food imports in the second half of the year. Tags: GrainslibyaRussiaWheat

New Family Park Opens in Libya's Bani Walid
New Family Park Opens in Libya's Bani Walid

Libya Review

time2 days ago

  • Libya Review

New Family Park Opens in Libya's Bani Walid

The General Company for Cleaning Services Misrata officially inaugurated a new family park in Bani Walid on Monday, marking a significant addition to the city's recreational and service infrastructure. The development, supervised by the company's general management and project department, spans a total area of 8,000 square meters. The park aims to provide a safe, welcoming, and fully equipped space for families, contributing to the enhancement of urban living standards in the region. According to a statement posted on the official 'Hakomitna' Facebook platform, the park includes a variety of facilities: A 2,000-square-meter parking lot A children's play area Wooden seating areas Cafés and retail shops A prayer space and restrooms Landscaped green spaces for relaxation The initiative reflects a broader vision to improve the urban environment and quality of life across Libyan cities by creating integrated leisure spaces that cater to family needs. Officials emphasized that the project underscores the importance of sustainable, inclusive city planning focused on livability and public well-being. Libya has been in chaos since a NATO-backed uprising toppled longtime leader Muammar Gaddafi in 2011. The county has for years been split between rival administrations. Libya's economy, heavily reliant on oil, has suffered due to the ongoing conflict. The instability has led to fluctuations in oil production and prices, impacting the global oil market and Libya's economy. The conflict has led to a significant humanitarian crisis in Libya, with thousands of people killed, and many more displaced. Migrants and refugees using Libya as a transit point to Europe have also faced dire conditions. The planned elections for December 2021 were delayed due to disagreements over election laws and the eligibility of certain candidates. This delay has raised concerns about the feasibility of a peaceful political transition. Despite the ceasefire, security remains a significant concern with sporadic fighting and the presence of mercenaries and foreign fighters. The unification of the military and the removal of foreign forces are crucial challenges.

Algeria Seeks $3B Trade Boost with Libya
Algeria Seeks $3B Trade Boost with Libya

Libya Review

time2 days ago

  • Libya Review

Algeria Seeks $3B Trade Boost with Libya

In a strategic move to bolster its presence in the Libyan market, the Algerian government has initiated high-level discussions with local banks to address the challenges facing exporters to Libya. The talks reflect Algeria's commitment to expanding its economic influence in neighboring markets. Algerian Minister of Foreign Trade and Export Promotion, Kamel Rezig, chaired a key coordination meeting with economic operators involved in exports to Libya. The meeting included participation from the Governor of the Bank of Algeria, the General Commissioner of the Association of Banks and Financial Institutions, senior ministry officials, and representatives of economic organizations. According to the Ministry of Trade, the session served as a platform for exchanging insights on the ground-level difficulties faced by Algerian exporters. Key issues discussed included enhancing logistical support, improving regulatory frameworks, and securing financial transactions through strengthened cooperation with the banking sector. Minister Rezig emphasized his ministry's dedication to supporting exporters and removing barriers, stressing that Libya represents a 'natural extension' of Algeria's export strategy. He also called for the establishment of long-term economic partnerships that move beyond simple trade exchanges. Trade volume between Algeria and Libya has shown modest growth, rising from approximately $31 million in 2018 to around $65 million in 2021, with Algerian exports accounting for $59 million of that figure. Despite this growth, trade remains limited compared to the potential of both economies. To unlock this potential, both governments have launched an ambitious plan to boost annual trade to $3 billion. Key components of the plan include the opening of the 'Debdeb-Ghadames' border crossing, the enhancement of maritime transport, the creation of a free trade zone, and improved banking collaboration. Additionally, Algerian customs authorities have held meetings to implement a bilateral customs cooperation agreement and stimulate trade activities across the 900-kilometer shared border. These efforts aim to combat smuggling and streamline the flow of goods between the two countries. Tags: algeriaAlgerian GovernmentlibyaTrade

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store