Export Growth Narrows Tunisia's Trade Deficit

  • Tunis, Tunisia
  • 14 July 2023
1

Tunisia managed to control the level of the trade deficit for the second consecutive month, as official data published by the State Statistics Institute showed that the trade deficit during the first half of this year recorded a decline that contributed to an improvement in the coverage ratio of imports with exports by 7.6 points to reach 78.3%. According to statistics related to foreign trade, the value of the trade deficit during the period between January and June was about 8.7 billion dinars ($ 2.8 billion), compared to about $ 3.8 billion on an annual basis.

The value of exports amounted to more than 10 billion dollars, compared to 9.1 billion dollars during the same period last year. The value of imports during the first half amounted to about $ 12.8 billion, compared to about $ 13 billion a year ago.

Source (Al-Arab Newspaper of London, Edited)

 

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