Tunis – Tunisia ran a TND 2.46 billion (USD 810.5 million) trade deficit in January and February, up 11% from a year ago, as per numbers from its National Statistics Institute made public this Friday (8) by news agency TAP.
The country had relevant deficits in trade with China, Turkey, Italy, Algeria and Russia, but posted surpluses with France, Libya and Morocco.
Exports from Tunisia amounted to TND 7.72 billion (2.54 billion), up 16.7%. foreign sales went up for phosphate and its products, fossil fuels, the process industry, mechanical and electrical industries, and textiles, clothing and others.
Imports to Tunisia reached TND 10.18 billion (USD 3.35 billion), up 15.3%. Imports went up for capital goods, raw materials, semi-finished goods and fuels.
The European Union took in 74.6% of total exports from Tunisia and accounted for 52.4% of Tunisia’s imports.
Translated by Gabriel Pomerancblum