Tunisia Import Data

Tunisia's Import/Export Overview and Domestic Market Update

Imports & Exports

• Top Trade Partners: Tunisia's major trade relationships are with the European Union, particularly Italy, France, and Germany, followed by Algeria and Turkey.

• Imports: The top imports include machinery and equipment (17% of total imports), chemicals (11%), and food products (10%).

• Exports: Leading exports are machinery and transport equipment (23% of total exports), textiles and clothing (16%), and chemical products (11%).

• Trade Balance: Tunisia experiences a trade deficit, where imports exceed exports, impacting the national economy and currency valuation.

• Policy Snapshot: Tunisia's trade policies focus on diversifying export markets, enhancing trade agreements, and improving investment climate to boost exports.

Domestic Market

• Consumer Expenditure: Household consumption is robust but faces challenges due to rising prices and economic uncertainty affecting purchasing power.

• Interest Rates & Inflation: Inflation has been a concern, leading to adjustments in interest rates by the Central Bank to curb price increases and stabilize the economy.

• Supply Chain Dynamics: Supply chains, especially in the manufacturing sector, have shown resilience but are impacted by global disruptions and higher input costs.

• Sectoral Performance: The services sector, including tourism and finance, has been a bright spot. However, agricultural and manufacturing sectors face varying degrees of challenges.

Overall Outlook

Tunisia's economy, despite facing trade deficits and inflationary pressures, demonstrates resilience through its diversified export base and strategic efforts to strengthen economic fundamentals.