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Tunisia: exports down 15.3% at constant price

Tunisia’s foreign trade saw a 15.3% decline in exports (at constant prices) and an 18.1% drop in imports during the first nine months of 2020 compared to the same period in 2019.

In terms of prices, these exchanges have increased respectively by 1.6% for exports and 3.9% for imports, according to data published by the National Institute of Statistics (INS).

In current values, they reached 27537 million dinars (MD) for exports and 37673.4 MD for imports, recording a decline of 16.6% and 21.3% respectively.

During the first nine months of 2020, Tunisia’s foreign trade, excluding energy, fell by 0.3% for exports and 0.7% for imports, compared with the first nine months of 2019.

The drop in export volumes affected most sectors, essentially the textiles, clothing and leather sector (-17.5%) and the mechanical and electrical industries (-22.1%).

Besides, exports from the agriculture and agri-foodstuffs sector have increased in volume by 23.5% compared with the same period in 2019.

Concerning imports, the evolution in volume is marked by a fall in most sectors, particularly the mechanical and electrical industries (-24.7%), the textile, clothing and leather sector (-20.9%), as well as the mining, phosphates and derivatives sector (-26.9%).

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