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Tunisia: trade deficit decreases 10%

Tunisia’s trade deficit fell by 9.9% until the end of August 2015, i.e. a value of 927.1 MTD against an increase of 22.7% (1,800 MD), at the end of August 2014.

The overall value of the trade deficit reached 8,480.9 MTD against 9,308 MTD in the same period of 2014. This is the lowest deficit recorded since 1993, said Minister of Trade’s Adviser Lotfi Khdhir in a statement to TAP.

The coverage of imports by exports improved by 2.3 points, reaching 68.4% at the end of August, against 66.1% during the same period of 2014.

Khdhir explained this regression by the 0.2% growth in export to 18,350.7 MTD from 18,305.4 MTD in the same period of 2014, and the decline in the value of imports which reached 26,831.6 MTD against 27,713.4 previously.

He reported an increase by over 150% of the agriculture and food industries in August compared to the same period of 2014.

The trade surplus of the food group reached 500 MTD at the end of August 2015, against a deficit of 948 MTD during the same period of 2014.

Foreign sales of textile and clothing sector went up 6.4% in August 2015 against a decrease of 1.3% during the same period in 2014.

The various industries’ sector grew by 10.1% to August, against 10% in August 2014.

Khdhir reported an increase by 26.1% in imports of capital goods in August 2015, compared to the same period of 2014, following the consolidation of the air fleet and ground transportation fleet, hence a 3 % increase in imports of capital goods.

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