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Tuesday 28 September 2021
HomeNewsTunisia: exports see 18% decline in volume until July 2020

Tunisia: exports see 18% decline in volume until July 2020

Tunisia’s exports in volume (constant price) recorded a decline of 18.1% while imports fell by 20.8% during the first seven months of the year compared to the same period of the year 2019, according to data published by the National Institute of Statistics (INS).

At the price level, the INS document showed a decrease by 1.7% for exports and 3.1% for imports.

Excluding energy, export prices fell by 0.5% while import prices increased by 1.0% compared to the first seven months of 2019.

At the end of July, the decline in export volumes affected most sectors, mainly the textiles, clothing and leather sector (-23.2%) and the mechanical and electrical industries (-27.0%).

In addition, exports of the agriculture and food processing sector and the energy and lubricants sector have increased in volume, by 20.4% and 8.6% respectively, compared to the same period in 2019.

Concerning imports, the evolution in volume is marked by a decline in all sectors, particularly the mechanical and electrical industries (-28.7%) and the textile, clothing and leather sector (-24.7%).

The INS points out that in July alone, exports and imports recorded drops of 11.3% and 11.5% respectively compared to the same month last year.

Tunisia’s foreign trade in current values reached 21.5 billion dinars in exports and 29 billion in imports during the first seven months of 2020, down 19.5% in exports and 23.2% in imports, compared to the same period of 2019.

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