Tunisia’s manufacturing industries exports totaled more than 17.1 billion dinars, rising by 5.1% in the first 8 months of 2016, compared to the same period in 2015, i.e. an import-export ratio of around 78%, according to the latest statistics released Wednesday by the Ministry of Industry and Trade.
This increase took place despite a significant decline in the value of olive oil exports, by about 1 billion dinars compared to the previous year, the department said in a statement.
This growth was also recorded thanks to the performance of mechanical and electrical industries whose exports increased by 13.8% to 8.474 billion dinars at the end of August, 2016.
Similarly, exports of textile, leather and footwear recorded a recovery, rising by 6.7% and 7.8% respectively.
Exports of the chemical industry sharply increased by about 42%, boosted by exports of di-ammonium phosphate (+ 215%), phosphoric acid (+ 131%) and triple superphosphate (+ 11.3%).
It is also thanks to a recovery in phosphate processing activity after blockages and severe disruption caused last year by social protests.
Overall, exports of manufacturing industries grew by 13.4% during the first 8 months of 2016, excluding food industries, against a decrease of 2.3% over the same period in 2015.
“At this rate, the exports of manufacturing industries will exceed 26 billion dinars in 2016 against 24.7 billion dinars in 2015,” states the Ministry of Industry and Trade.