HomeNewsTunisia: Trade deficit widens in first half of 2013

Tunisia: Trade deficit widens in first half of 2013

Tunisia’s foreign trade balance for June 2013 shows a deficit, according to figures published by the National Institute of Statistics (INS).

It recorded a balance of -5,553.6 million Tunisian dinars (MTD) (-5,468.8 in 2012 and -3,658.4 in 2011), i.e. a loss of 84.8 MTD compared to 2012 and 1,895.2 MTD compared to 2011.

The coverage rate has increased by 0.9 point, from 71.2% to 72.1% compared to the same month in 2012 and fell by 5.5 percentage points over the same month in 2011.

Thus, exports increased from 13,488.8 MTD to 14,317.2 MTD, up 6.1% while imports grew by 4.8%, from 18,957.6 MTD to 19,870.8 MD.

At the product level, the largest positive change was noted in the food sector. The balance moved from -473.9 MTD to -355.5 MTD, i.e. an increase of 118.4 MD. Thus, the coverage rate increased from 69.2% to 80.3%, i.e. up more than 11 points.

The largest negative change is reported in the capital goods sector. The balance changed from -2069 to -2236, i.e. a loss of 167 MD. Thus, the coverage rate increased from 48.2% to 47.6%, or about one point less.

In addition, there is a loss of 170.2 MD in the energy balance of the country. It changed from -903 to -1073.2 MD, reaching a coverage rate of 66%.

On the general scheme, exports increased by 8.1%, while imports grew by 6%. The balance moved from -8,380.9 to -8,778.9 for a coverage changing from 37% to 37.8%.

For the offshore regime, the balance moved from 2,912 MTD to 3,225.3 MTD, while the coverage rate has increased from 151.6% to 156%.

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