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HomeNewsTunisia: trade coverage rate drops by 1.2 points in July 2021

Tunisia: trade coverage rate drops by 1.2 points in July 2021

The trade coverage rate at constant prices lost 1.2 points in July 2021, to 74.5%, compared to the previous month, according to data published by the National Institute of Statistics (INS) Thursday.

This is due to a rate of decline in the volume of exports that is higher (13.3%) than imports’ (11.9%), compared to June 2021.

In terms of prices, those of exported products have stabilized at +0.1%, while those of imported products grew 1.5%, compared to June.

The volume of exports fell by 13.3% in July, due to the regression of export volumes of the mechanical and electrical industries sector (-17.6%) including the electrical industries sector whose exports fell in volume by 22%.

The decline was also recorded in the sector of textiles, clothing and leather (-14.7%) and the sector of mining, phosphate and derivatives (-13.7%).

On the other hand, the sector of energy and lubricants saw an increase in volume by 11.7%.

As for the volume of imports, it decreased by 11.9%, following the decline in the volumes of the country’s supplies of raw materials and semi-finished products (-20%) and energy products (-42.9%).

On the other hand, the volumes of purchases of food products and capital goods have increased by 11.1% and 3.3%, respectively.

The INS has reported, in the same context, that the volume of trade excluding energy was marked by a decline more pronounced in exports (-15.4%) than imports (-7.3%) in July 2021.

In addition, prices have recorded a stagnation in exports and an increase by 1.9% in imports, which has resulted in a decline by 1.8 point to 95.8% in terms of trade, excluding energy.

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