Libya shifts trade focus to Africa
Libya plans to boost its trade relations with Africa by opening a direct marine shipping route connecting the Port of Misrata to African ports, passing through the Tangier Med Port in Morocco. This route aims to facilitate the export of Libyan products, especially non-oil commodities, and to reduce transportation and shipping costs by leveraging the logistical infrastructure of the Moroccan port. This step is part of Libya's efforts to develop exports and strengthen the presence of local products in the African market, particularly after resuming the export of agricultural products and achieving a greater balance with oil revenues. Despite these advancements, Libyan exports to Africa remain relatively limited, totaling around $2.6 million last year, with European countries dominating more than 69% of Libyan exports between 2022 and 2025.
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