Tunisia- commercial deficit worsened by 61%

The trade balance deficit deteriorated by 61% to reach 16.9 billion dinars, at the end of August 2022, against 10.4 billion dinars, during the same period of 2021, the National Institute of Statistics (INS) announced.

Therefore, the coverage rate lost 5.3 points as opposed to the same period of  2021 to reach 68.6%. This deficit is clarified by the increase in the value of imports (34% at 53.8 billion dinars), at a much larger rate than exports (24.4% at 36.9 billion dinars).

The growth in imports is due upwards in terms of energy imports (+90.2), raw materials and half-products (+38.7%), consumer goods (+14.1 %) and capital goods (+11.2%).

According to the INS, the deficit remains explained, likewise, largely by the deficit registered with certain countries, such as China (-5828.9 TMD), Turkey (-3060.5 TMD), Algeria (-1775.8 tmd) and Russia (-1758.1 tmd).