Trade between Libya and Italy declined during the first nine months of 2025 due to a drop in crude oil imports. This coincided with the launch of new economic cooperation and infrastructure projects in western and eastern Libya.
Italy’s imports from Libya amounted to €4.64 billion, representing a year-on-year decrease of 19.3%. Libyan oil exports accounted for €4.25 billion, followed by natural gas at €251 million, and refined petroleum products at €98 million.
Italian exports to Libya also saw a slight decline, totaling €1.44 billion during the same period.
Data indicate that total bilateral trade reached €6.08 billion, down 18.4% from €7.46 billion in the same period of 2024.
Italy
Italy is a country in Southern Europe with a rich cultural history that dates back to the ancient Roman Empire, which was a foundational civilization for Western law, government, and engineering. It later became the epicenter of the Renaissance, producing unparalleled contributions to art, architecture, and science. Today, it is renowned for its historic cities, artistic masterpieces, and globally influential cuisine.
Libya
Libya is a North African country with a rich history rooted in ancient civilizations like the Phoenicians and Romans, followed by centuries of Arab and Ottoman influence. In the modern era, it was an Italian colony before gaining independence in 1951, later becoming known for Muammar Gaddafi’s lengthy rule from 1969 until the 2011 revolution. Its cultural sites include the well-preserved Roman ruins of Leptis Magna, a UNESCO World Heritage site.
