The Volume of Trade Exchange Decreased in Tunisia

  • Tunis, Republic of Tunisia
  • 15 June 2020
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The Tunisian Institute of Statistics (government institute) revealed a decline in trade exchanges with abroad during the past month, as Tunisian exports witnessed a decline of 37.1 percent during the last month (May), and did not exceed the limits of 2.4 billion Tunisian dinars compared to 3.8 billion dinars during the same month of 2019.

This decline is due to a decrease in the level of the total export system, which includes the textile, clothing and leather sector, which decreased by 32.4 percent, and the mechanical and electrical industries sector, where its sales recorded a significant contraction estimated at 49.8 percent. Likewise, the exports of the manufacturing sector witnessed a decrease of 49.6%, while the phosphate and derivatives sector declined in turn by 17.8%, and the energy sector experienced a decrease in exports of about 8.4%, while the agricultural and food products sector represented a bright spot, as it witnessed an improvement in exports by 16.4% percent.

On the other hand, the Tunisian imports witnessed a noticeable decline, as it decreased during the last month by at least 34.5%, and the decline was more severe during the month of April, as imports decreased by 46.8%.

Source (Al-Sharq Al-Awsat newspaper, Edited)