HomeNewsFood trade balance: Coverage rate down from 153.6% to 125.7% between 2024...

Food trade balance: Coverage rate down from 153.6% to 125.7% between 2024 and 2025

The surplus in Tunisia’s food trade balance declined from 1,584.2 million dinars to 744.2 million dinars between 2024 and 2025 (as of the end of May), resulting in a drop in the coverage rate from 153.6% to 125.7%, according to a note on the “Food Trade Balance as of End-May 2025” published Tuesday by the National Observatory of Agriculture (ONAGRI).

This decline is mainly due to a decrease in exports of olive oil (-28.9%), dates (-16.0%), and seafood products (-23.6%), despite a drop in imports of grain (-14.9%), sugar (-56.1%), and vegetable oils (-18.7%).

In value terms, food exports recorded a decrease of 19.7%, while imports dropped by only 1.9%.

The average export price of olive oil fell to 12.81 dinars/kg, marking a 52.8% decrease compared to the previous year. Export prices dropped by 52.8% for olive oil and 1.4% for seafood products, while they increased by 2.1% for dates and 19.8% for citrus fruits compared to the same period last year.

As for grain import prices, they decreased by 18.8% for durum wheat and 1.2% for soft wheat, while increasing by 5.9% for barley and 8.0% for corn.

The price of sugar also fell by 29%, while vegetable oil prices rose by 19.5% and those of milk and dairy products increased by 14.1%.

It is worth noting that food imports accounted for 8.2% of total imports, while food exports represented 13.6% of total exports.

The surplus in the food trade balance helped reduce the overall trade deficit by 8.9%.

Tunisia’s overall trade deficit stood at -8,367.2 million dinars at the end of May 2025, reflecting a 30.5% increase.

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