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Libya will suffer from Tunisian ban on vegetable exports

Zoom in font  Zoom out font Published: 2022-04-15  Origin: northafricapost.com
Core Tip: Libya will take the brunt of Tunisia’s decision to ban export of vegetables in a bid to curb inflation, as the former accounted for 60 percent of the foreign market of Tunisia’s vegetable exports.
Libya will take the brunt of Tunisia’s decision to ban export of vegetables in a bid to curb inflation, as the former accounted for 60 percent of the foreign market of Tunisia’s vegetable exports.

The decision is said to have a positive impact in Tunisia on prices during the coming period. However, the move will have major repercussions on the Libyan market, which accounts for a large proportion of the total exports of these foodstuffs as the value of Tunisia’s exports of fresh vegetables and fruits exceeded $44.4 million in 2021, 60% of which went to Libya and then Italy.

Tunisia’s move comes despite the request made by Libya’s Ministry of Economy and Trade to Turkey and Tunisia to exempt them from the decisions banning the export of food commodities, to avoid an economic crisis. 
 
 
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