49th Tripoli International General Trade Fair

Libya’s largest general trade fair is preparing to open its doors for the 49th time. Although the developments after 2015 caused serious destruction in the infrastructure and superstructure of Libya, it is expected that the restructuring process will begin in a short time with the natural resources of the country, without financial difficulties. Therefore, companies that take their place in the Libyan market early will gain a great advantage.

WHY SHOULD YOU PARTICIPATE IN TRIBLUS INTERNATIONAL GENERAL TRADE FAIR?

Tripoli International General Trade Fair, which is preparing to open its doors for the 49th time, is famous for being the oldest and largest fair in the country, held under the auspices of the Libyan Ministry of Trade.
More than 40 thousand people are expected to visit the fair at the fair, which will take place over a week. By participating in this important organization, you can improve your brand awareness in the market and your corporate communication network.
The main features of the market are that the country is a net importer, the per capita income is high despite the decline in national income due to the instability experienced after the regime change, the high interest in foreign brands, and the fact that it is an important point in entering the African continent.
The small size of Libya’s manufacturing industry necessitates the importation of all finished and semi-finished products. The country’s young, fast-growing and educated population needs everything from refrigerators to cars, from clothing to computers. The country buys a significant part of the items it imports from Turkey to meet its needs.
Considering the high population growth rate of the country, the need for infrastructure development is very high. Supply and demand are constantly formed for these sectors, which include the necessary components, technology and products for electricity transmission, communication, transportation, schools, hospitals, urban planning.
Libya has passed a 5% single customs duty tariff on imports. Taxes such as production and service, which were previously applied between 15% and 50% on imports, have been completely abolished.