Tunisia’s foreign trade flows at current prices recorded an 8% increase in exports in the first four months of 2017 against -2.9% during the same period last year, The National Institute of Statistics (INS) said on Tuesday. Indeed, exports reached the value of 10.201 billion dinars against 9.443 billion during the same period of the year 2016.
As for imports, the country’s purchases reached the value of 15.352 billion dinars against 13.488 billion during the same period of the year 2016, thus registering a deceleration of the rate of growth which reached the rate of 13.8% against 20.3% in the first quarter of 2017 and 1.4% in the same period of 2016.
As a result of this development in trade between imports (+ 13.8%) and exports (+ 8%), the trade balance worsened to 5.1151 billion dinars, compared to 4.045 billion during the same period of 2016, i.e. an increase in the trade deficit by 27.3%.
The import-export coverage ratio dropped 3.6 percentage points from last year’s level to 66.4%, compared with 70% in the same period of 2016.