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Sunday 19 September 2021
HomeNewsTunisia: trade deficit increases 0.6% (late September 2016)

Tunisia: trade deficit increases 0.6% (late September 2016)

Tunisia’s trade deficit amounted to 9,326 million Tunisian dinars (MTD), against 9,268 MTD during the same period of 2015, up 0.6%.

The coverage rate has reached 69.2%, against 68.7%, an improvement of nearly 0.5 point, according to data released by the Ministry of Industry and Trade on Tuesday in Tunis.

The value of exports grew by 3.1%, while this trend is declining by nearly 2.5%, compared with the same period of 2015.

The Ministry explained the rise in exports by a 14% increase in export by totally exporting companies, against 1.9% during the same period in 2015.

There is also an improvement in earnings from exports of the mining and phosphate sector, whose value has tripled compared to 2015.

As for imports, they have increased by around 2.3% until the end of September 2016, against a fall of 5.7% recorded during the same period of 2015.

The increase in imports is mainly explained by the significant increase in imports of raw materials, semi industrial equipment and materials, made in particular by totally exporting companies, with rates oscillating between 9% and 15%.

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