Tunisia: exports drop 3.8%, imports down by 7.8% (INS)

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    Tunisia’s foreign trade, in volume (constant prices), recorded a drop in exports by around 3.8% and imports by around 7.8% in the first ten months of 2019, compared to the same period in 2018, according to the National Institute of Statistics (INS).

    Prices grew 14.9% for exports and 17.3% for imports.

    In current values, Tunisia’s trade with foreign countries reached 36,728.3 million dinars in exports (+10.5%) and 53234.8 MD in imports (8.2%) during the first ten months of 2019.

    At current prices, the foreign trade deficit stood at a level of 16,506.5 MD (in October 2019.

    The state of trade reveals that key sectors of the Tunisian economy show signs of poor health.

    In fact, during the first ten months of 2019, exports in volume fell in several sectors, including agriculture and agri-food industry (-18.7%), textiles, clothing and leather (-4.6%) and mechanical and electrical industries (-2.4%).

    In addition, exports in the energy sector grew by around 8.4% and those of other manufacturing industries by 1.8%.

    In terms of imports, the volume trend is marked by a decline in the mechanical and electrical industries (-11.3%), textiles, clothing and leather (-7.8%) and agriculture and the agri-food industry (-5.4%).

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