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Libya B2B Marketplace – Connect With Leading Manufacturers And Suppliers



Libya is situated in the Maghreb region in North Africa and is now officially known as the State of Libya. The country shares a border with Egypt to the east, Mediterranean Sea to the north, Niger to the southwest, Algeria to the west, Sudan to the southeast, Chad to the south, and Tunisia to the northwest. The country consists of three different historical regions namely, Fezzan, Tripolitania, and Cyrenaica. It covers the total land area of about 1.8 million square kilometers. Libya is the fourth largest country in the Arab world and Africa. Also, it is ranked 16th largest country in the world.

The nation enjoys having extensive oil reserves. It has the 10th largest oil reserves in the world. Tripoli is the capital and the largest city in the country. It is located in western Libya, which has around 7 million of population.

The economy mainly depends on the revenues generated from the oil sector. It accounts for 97% of exports and half of GDP. Libya is a significant contributor to the global supply of sweet crude and light.

Why Choose Libya B2B Marketplace?



Libya became 87th economy in the world in terms of gross domestic product. Also, the economy ranked 93rd for exporting quality products across the world. In the same year, it ranked 92nd economy for importing quality products from different countries around the world.

The economy mainly depends on its rich export system. It mainly exports petroleum gas ($717 M), gold ($1.65 B), crude petroleum ($5.46 B), refined petroleum ($98.1 M), and scrap iron ($104 M). Libya’s leading export partners are Germany, Italy, China, Turkey, and the United Arab Emirates.

On the other hand, the country deals in imports as well. The most significant import products coming to the country include wheat ($246 M), rolled tobacco ($516 M), refined petroleum ($1.69 B), cars ($405 M), and broadcasting equipment ($262 M). These imports mainly come from Turkey, China, United Arab Emirates, Greece, and Italy.

Libya is one of the thriving economies, which guarantees profitable output within all of its trade operations. Several manufacturers and distributors have gained much with their business setup in the country. Hence, there are several export opportunities that can still be helpful for the economy’s growth. The established and emerging businesses must consider these ideas to make the economy thrive and contribute a lot to GDP. Some of the promising export opportunities, according to the relatedness index, include raw aluminum, ammonia, non-fillet frozen fish, cocoa beans, and refined petroleum. Considering these business ideas can help your brand reach heights in the international market.

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Libya is one of the economies, which is strong enough in terms of trade. The manufacturing businesses here are thriving and thus, more opportunities are provided to the emerging setups. If you are looking for the platform to get started with Libya, Exporthub is the name. It is the online B2B platform which encourages businesses to promote locally-made products. With this step, you can increase the value of your economy and bring various other opportunities to the country.

Libya B2B marketplace is something you should not ignore. If you want any kind of business consultancy or understanding regarding the market, feel free to contact us. We have the best team on board who can guide you in every manner. Become a valuable part of Libya’s leading manufacturing industry today. Connect with the leading Libya manufacturers and suppliers and make your business achieve the heights. Reach out to us now for any queries and suggestions. Give us a call on +1-214-306-7737 or email us at [email protected] for a professional discussion on the business matter. It is time to make your business grow in the international market.
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