Tunisia-INS: The Trade deficit narrows to 8.7 billion dinars

Tunisia’s trade deficit stood at 8.7 billion dinars at the end of the first half of the current year, compared with 11.7 billion dinars at the end of June 2022, narrowing by 26.2%.

To this end, the coverage rate increased by 7.6 points compared to last year, reaching 78.3%, according to data published by the National Institute of Statistics (INS).

Exports increased by 10% (compared to +24.6% in the same period in 2022) to 31.3 billion dinars, compared to 28.4 billion a year earlier.

Imports, on the other hand, dropped 0.6% (as against an increase of 32.4% in 2022) to 40 billion dinars, compared with 40.2 billion in the first half of 2022.

The trade balance is mainly due to the deficit recorded with certain countries such as China (4 billion dinars), Russia (2.9 billion), Algeria (2.1 billion), Turkey (1.5 billion), Ukraine (725.9 million dinars), Egypt (502.2 million) and Greece (-344.2 million).