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Tunisia: industrial exports rise by 1.9%

Industrial exports have posted a slight increase of 1.9% at the end of April 2016, reaching 8,595 million Tunisian dinars (MTD), against 8,435 MTD at the end of April 2015, according to data released Monday by the Ministry of Industry.

Besides the rise in industrial export, the import coverage ratio has reached 78.5%, despite the expected decrease in food industry exports by half (48.3%), due to lower olive oil exports.

These results are due to the performance of mechanical and electrical industries, the export of which rose by 10.2% thanks to rising export of transformers (26%) and spare parts (15.7%) and, electrical wires and cables (8.8%).

The ministry said a recovery was recorded in the textile/clothing and leather industries which exports increasing by 2.9% and 6.6%, respectively.

This is the same for chemical industries’ export which went up 43.9% thanks to the rise in the export of phosphoric acid (158%) and diammonium phosphate (174%).
As for various industries, they grew 15.7%, while the export of building materials, ceramics and glass fell 1.3%.

As a whole, the export of manufacturing industries has increased by 10.9% in the first four months of 2016.

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