Thursday, May 15, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Economy

Libya Tops List of African Importers of Egyptian Goods in 2023

November 21, 2024
Libya Tops List of African Importers of Egyptian Goods in 2023

Libya Tops List of African Importers of Egyptian Goods in 2023

Share on FacebookShare on Twitter

Libya has become the largest African importer of Egyptian goods in 2023, with imports valued at $1.8 billion, accounting for 24.9% of Egypt’s total exports to Africa.

According to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS), Libya’s imports primarily included cement, various types of plastics and their derivatives, as well as milling products.

These goods reflect the growing demand in Libya for construction materials and industrial products, driven by the country’s ongoing reconstruction efforts following years of conflict and instability.

Libya’s economic recovery, fueled by major rebuilding and infrastructure projects, has strengthened its trade ties with Egypt.

As a geographically close neighbor and key partner, Egypt has been able to leverage its industrial capacity to meet Libya’s increasing demand for essential goods.

Construction materials like cement and plastics, in particular, have been critical to Libya’s rebuilding efforts, which aim to repair war-torn infrastructure and expand housing developments.

The historical and economic ties between the two nations have been further enhanced by improved transportation links and cross-border trade networks, which have streamlined the movement of goods.

Egyptian businesses, especially in the private sector, are playing a major role in Libya’s rebuilding efforts. Many Egyptian companies are actively involved in construction projects, infrastructure development, and the supply of building materials, further solidifying Egypt’s position as a primary trade partner for Libya.

Egypt’s trade relationship with Libya is also a reflection of its broader strategy to deepen economic ties across Africa. As a leading exporter in the region,

Tags: AfricaCAPMASEgyptImportslibyaTrade
Next Post
Haftar Discusses Libya at Paris Conference

Haftar Discusses Libya at Paris Conference

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya Crimes Watch Urges Immediate ICC Transfer of Osama Najim

HRW Urges US to Halt Libya Deportations

Emergency Appeals for Humanitarian Access in Libya

6 Killed in Libyan Capital, Tripoli Amid Armed Militia Clashes

Western States Call for Truce in Libyan Capital

Libyan Dangerous Inmates Escape Tripoli Prison Amid Armed Clashes

EDITOR PICKS

Western States Call for Truce in Libyan Capital

Libya Crimes Watch Urges Immediate ICC Transfer of Osama Najim

UN Urges Libyan Authorities in Tripoli to End Violence & Protect Civilians

Emergency Appeals for Humanitarian Access in Libya

Libyan Dangerous Inmates Escape Tripoli Prison Amid Armed Clashes

Libya Welcomes End of Sanctions on Syria

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR