Italian exports to Libya reach over a billion euros in four months
Italian exports to Libya experienced a significant increase of 84.5% in the first four months of this year, reaching 1.005 billion euros compared to 545 million euros in the same period last year. The growth is primarily due to higher shipments of refined petroleum products, as well as electrical machinery and equipment, consumer goods, and food products, reflecting an expansion in trade between the two countries. This growth results from increased Libyan demand for infrastructure project equipment and urban development, as well as the development of cooperation between Tripoli and Rome in the energy and sustainable development sectors, amid ongoing expansion in the economic and trade relations between Libya and Italy.
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