Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.
Tunisia: trade deficit widens by 26% to 6.4 billion dinars at end of May.Thursday, June 15, 2017 > 09:59:11
Tunisia’s external trade flows at current prices during the first five months of 2017 confirm the acceleration observed in the rate of increase in exports announced since the previous month.
Indeed, according to data from the National Institute of Statistics (INS) published Monday, exports increased by 14.2%, after a rate of 8% in the four months of 2017 and -2, 6% during the same period last year.
In value terms, exports reached 13.347 billion dinars, against 11.685 billion during the same period of 2016.
For imports, Tunisia’s purchases reached the value of 19.822 billion dinars against 16.820 billion during the same period of 2016, posting an increase of 17.8% against 138% during the first four months of 2017 and 0.9% during the same period of 2016.
Following this divergence in the rate of growth between imports (+ 17.8%) and exports (+ 14.2%), the deficit in the trade balance stood at 6.475 billion dinars against 5.135 billion in the same period in 2016.
The coverage rate, at 67.3%, remains below the level recorded during the same period last year (69.5%), despite a slight improvement compared to the first four months of the year (66.4%).