Surprisingly, Libya"s agricultural exports have seen a decline in value, with 2019 figures showing a dip in vegetable exports to $6,675,415 from $6,903,805 in 2018, despite a stable rural population and ample land availability. This trend suggests potential inefficiencies or market barriers that could be addressed to boost export performance. In contrast, imports remain significantly high, especially for vegetables, which peaked at over $1 billion in 2019. This discrepancy highlights a critical gap between domestic production and consumption that could be an opportunity for local producers to fill. Analyzing economic indicators, Libya"s agricultural sector forms only a small fraction of its GDP, at 2. 04% in 2019, down from 3. 66% in 2018. This is despite the country having a substantial amount of arable land and focusing heavily on agriculture in terms of employment, with 9.
06% of the total workforce engaged in this sector. However, the potential remains untapped due to challenges such as low fertilizer consumption, which dropped significantly to 18. 11 kg per hectare in 2019. By comparison, countries with thriving agricultural sectors use significantly more, highlighting an area for potential growth through improved agricultural practices and inputs. Given the global importance of sustainable agriculture, Libya"s reliance on imports presents a strategic opportunity for investment in crop diversification and efficiency improvements. With a consistent cereal yield averaging 675 kg per hectare, enhancing productivity through modern techniques and infrastructure investment could bridge the import-export gap. For businesses looking to navigate the Libyan market, platforms like Aritral. com can provide essential tools.
Aritral, an AI-driven B2B platform, facilitates international trade by offering services such as Product Listing, Direct Communication, and AI-Powered Marketing. These tools can help local producers and exporters enhance their market presence and directly connect with global buyers, thereby reducing the trade imbalance and fostering growth in Libya"s crops sector.
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Abd Alhakim Bargan Bargan 4 months ago
Libya Cement
Greetings to you. What is required is gray portland cement N42.5 according to American specifications. It must be a nylon bag with a capacity of 50 ki...
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Alwakeel Alzraei 11 months ago
Libya Oat