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Tunisia: trade balance of textile and clothing posts slight improvement in October

The trade balance of the textile and clothing sector recorded a slight improvement in October 2013 from 115.7 % in the same month in 2012 to 116.1 % this year, up 0.4 percentage points. According to the Technical Textile Center (CETTEX), this trend is driven by a 7.67% growth in export in Tunisian dinar despite the recent decline in Euro (2.16%) and in volume (5.71 %).

In parallel, imports of the textile and clothing sector rose 7.30% in dinar and fell 2.5% in Euro and 0.6% in volume in October 2012.

In detail, the market analysis reported an increase in value and volume of exports of warp and weft clothes on Germany (11%), Spain (51 %) and the UK (40 %).

Those of knits declined in volume across traditional markets, including Italy (63%).

For the textile sector, Tunisian exports posted an increase of 5.51 % in value against a decline of 5.87% in volume.

Conversely, the sector’s imports dedicated to the local market (release for consumption) are composed mainly of textile products from China, Turkey and France.

With regard to the balance of the first ten months of 2013, the sector’s exports increased by 5.92% in dinars and went down 0.58 % in Euro.

Meanwhile, imports grew by 2.65% in dinar during the same period and fell 3.71% in Euro and 6% in volume compared to the same period of 2012.

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