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Friday 18 June 2021
HomeNewsTunisia - Exclusive: trade deficit drops 17.4%

Tunisia – Exclusive: trade deficit drops 17.4%

The trade deficit fell by 17.4% during the first five months of 2015 to 990.8 million Tunisian dinars (MTD), compared with the same period last year. This was announced by Lotfi Khedir, adviser at the Ministry of Commerce to Africanmanager, stating that this is the largest decline since 1993 in terms of value to 4,693.4 MTD.

Khedir spoke, in this context, of the improvement in coverage by 4.9 points to nearly 71.9% against 67% in May 2014.

The official also stressed that the decline in the trade deficit is due to the 4% increase in exports during the first five months of this year to 11,995.5 MTD and the decrease in imports by 3.1% to 16,888.9 MTD.

For this year, the trend in exports is attributed to the increase recorded in agriculture and food industries (122.7%).

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