Tunisia suffers worsening trade deficit in Q1

Xinhua, TUNIS: Tunisia suffers a trade deficit of 3.88 billion dinars (1.67 billion US dollars) in the first quarter of 2017, the National Institute of Statistics (INS) of Tunisia announced on Saturday.
The deficit widened 8 per cent year on year to 66 per cent, said the INS in a periodic note.
The continued worsening of Tunisia’s trade deficit is mainly due to the rising import, which grows 20.3 per cent as export up only 7.4 per cent.
According to the INS, the sharp increase of Tunisian imports is also attributed to larger energy imports as well as the surge in imports of oil and refined products.

Tunisia suffers worsening trade deficit in Q1

Xinhua, TUNIS: Tunisia suffers a trade deficit of 3.88 billion dinars (1.67 billion US dollars) in the first quarter of 2017, the National Institute of Statistics (INS) of Tunisia announced on Saturday. The deficit widened 8 per cent year on year to 66 per cent, said the INS in a periodic note. The continued worsening of Tunisias trade deficit is mainly due to the rising import, which grows 20.3 per cent as export up only 7.4 per cent. According to the INS, the sharp increase of Tunisian imports is also attributed to larger energy imports as well as the surge in imports of oil and refined products.