HomeNewsTunisia: lower imports in October; but it's not a good sign...

Tunisia: lower imports in October; but it’s not a good sign…

The National Statistics Institute (INS) has published Tunisia’s trade figures for the first 10 months of 2015.

 It revealed, in particular, that exports fell 2.5% and imports dropped 6.1%. The balance remained in deficit though at 10.237 billion TD instead of 11.779 billion TD and the rate of coverage of imports by exports improved slightly to 68.9% against 66.4% in the same period in 2014.

 What is worth noting is that imports of raw materials and semi-products decreased by 3.3% and capital goods imports fell 1%. In processing industry, such as that of Tunisia, less import in these two product groups means less production and fewer exports in the coming months.

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