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Tuesday 21 September 2021
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Tunisia: oil boom boosts non-manufacturing industries

The value added of non-manufacturing industries grew by 3.7% in the first nine months of 2018, compared to the same period of the previous year, mainly because of the rise in oil

production to nearly 37.5 thousand barrels a day, according to the latest statistics from the National Institute of Statistics (INS).

Growth is also due to higher production in the oil and gas extraction sector (8.5%) and the construction sector (1.8%).

In this respect, daily production of crude oil rose to nearly 37.5 thousand barrels in the nine months of 2018, compared with a daily average of 33.7 thousand barrels in the previous year and more than 70 thousand barrels daily in 2010.

However, the mining sector fell by 3.3%, following the decline in phosphate production, which reached nearly 1.1 million tons during the same period, against 1.2 million tons in the same period of 2017.

The average production during the three quarters was estimated at nearly 2 million tons before 2011.

Growth of manufacturing industries down

The growth of manufacturing industries went down by 0.3% in the nine months of 2018. This drop is due to an 8.5% decrease in chemical industries’ production with phosphate and derivatives production declining 22%.

However, growth was recorded in the textile-clothing sector (1.6%), the mechanical and electrical industries (0.3%), the agro-food industries (1.1%) and the building materials, ceramic and glass sector (0.9%).

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