Anadolu Agency stated that Turkey’s exports to Libya rose 58% year-on-year in the first four months of 2021 to $826 million, said a top Turkish trade group on Saturday.
While Turkey’s overall exports were up 33.1% this January-April, this increase in Libya reached 58%, almost double the general average, said Murtaza Karanfil, chairman of the Turkey-Libya Council of the Foreign Economic Relations Board of Turkey (DEIK).
In April alone, Karanfil told Anadolu Agency that exports to Libya skyrocketed 228% to $263.3 million compared to the same period last year, showing that strong bilateral ties are clearly being reflected in trade.
“Our Turkish contractors have important duties in terms of both the infrastructure and superstructure for rebuilding of country,” said Karanfil.
Areas where Turkish investors could play a larger role in Libya in the coming years include energy, defense industry, food, recycling, and chemicals.