Tunisia’s exports on the rise
An official Tunisian report states that Tunisia’s exports increased by 9.3% in the first nine months of this year, compared to the same period last year, to reach 18.777 million dinars ($12.940 million). Imports went up by 4.9% to reach 24.685 million dinars.
This report, released by the National Statistics Institute on the growth of foreign trade, said that the rate of coverage of imports and exports is estimated at 76.1%, posting a 3.1% increase, compared to 2010 when coverage was of 73%.
The growth results from an increase in exports in agricultural and food products (40.8%), electrical industries (28.1%) and textiles, clothing and leather (9%). The exports of phosphates and its derivatives fell 33.5%.
The increase in imports is due to the growth of agricultural and food products (36.3%), hydrocarbons (26.1) and semi-finished products (7.8%).
Conversely, the importation of equipment commodities and phosphates and its derivatives fell by 9.7% and 26.1% respectively. (Source: www.yallafinance.com)