Exports from Tunisia down 1.3%
16 de julho de 2016
Foreign sales from the country grossed USD 6.4 billion in the first half of the year, driven by a slump in olive oil exports.
Tunis – Exports from Tunisia reached TND 14.25 billion (USD 6.4 billion) in H1 2016, a 1.3% drop from H1 2015, said the National Institute of Statistics (INS). Imports amounted to TND 20.29 billion (USD 9.1 billion), down 1.5%.
The resulting trade deficit of TND 6 billion dinars (USD 2.7 billion) was slightly narrower than the one from H1 2015.
The drop in exports came partly as a result of a 36% decline in exports of agricultural and food products, notably olive oil. Exports also went down for oil and gas, at 50.1%, particularly refined products.
But exports of phosphate and its products soared by 93.6%, fueled by phosphoric acid sales. Mechanical and electrical industries exports were up 11.7%, and textiles and clothing exports climbed 4.6%.
On the other hand, imports of items from the energy sector went down 33.9% due to the decline in purchases of crude oil. Purchases of agricultural products also declined 15.5%, especially durum wheat.
Exports from Tunisia to Brazil totaled USD 25.59 million from January to June, a decrease of 22.6% over the same period of last year. Sales of textiles and clothing declined, but those of organic and inorganic fertilizers increased. The data is from Brazil’s Ministry of Industry, Foreign Trade and Services (MDIC).
Meanwhile, sales from Brazil to Tunisia totaled USD 114.7 million, a decline of 31.5% in the same comparison. Exports of sugar, tobacco, soy and coffee dropped. However, shipments of soybean oil, machinery and defense materials went up.
*Translated by Gabriel Pomerancblum and Sérgio Kakitani