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Tunisia: trade deficit further widens from January to October 2014

Tunisia’s trade deficit has further widened from January to October 2014, reaching 11,779.5 million Tunisian dinars (MTD), against 9,893.3 MTD in the same period 2013, due to the 3.4% decrease in the coverage of imports by exports to 69.8%.

According to data of the National Statistics Institute (INS) published by the TAP, this is the result of Tunisia’s trade deficit, in particular, with China (-2,407.9 MTD), Russia (-1,432.9 MTD), Italy (-767.8 MTD), Spain (-659.9 MTD), but also the deficit in the energy balance (3, 205.2 MTD) accounting for 27.2% of the overall trade deficit.

The INS has reported an imbalance in trade, due to a slight increase in exports by 2.1% (23,304.9 MTD) during the first ten months of 2014, against a perceptible increase in imports 7.2% (35,084.4 MD).

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