Tunisia's Trade Deficit Rises By 26.8% in October

  • Tunis, Republic of Tunisia
  • 29 November 2023
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Data released by the National Institute of Statistics in Tunisia (governmental) showed that the trade balance deficit (the difference between the values of exports and imports) increased by 26.8 percent last October, on a monthly basis. The trade balance deficit in October was 2 billion Tunisian dinars ($645.4 million), compared to 1.578 billion dinars ($509 million) in September.

Import coverage fell to 71.7 percent in October, down from 76.2 percent in the previous month. Tunisia is witnessing a severe economic crisis exacerbated by the repercussions of the outbreak of the Corona pandemic, and the high cost of importing energy and basic materials following the Russian-Ukrainian crisis.

Source (Anadolu Agency, Edited)

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