Tunisia recorded a trade deficit of 1609.40 TND Million in December of 2019. Balance of Trade in Tunisia averaged -603.21 TND Million from 1993 until 2019, reaching an all time high of -40.30 TND Million in March of 2007 and a record low of -2363.60 TND Million in April of 2019.

Balance of Trade in Tunisia is expected to be -1900.00 TND Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Tunisia to stand at -1900.00 in 12 months time. In the long-term, the Tunisia Balance of Trade is projected to trend around -1350.00 TND Million in 2020, according to our econometric models.

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Tunisia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-1609.40 -1292.80 -40.30 -2363.60 1993 - 2019 TND Million Monthly
Current Prices


Calendar GMT Actual Previous Consensus TEForecast
2019-10-08 02:55 PM Sep TNT -1984M TNT -1700M TNT -1570M
2019-12-05 04:40 PM Oct TNT -1659M TNT -1984M TNT -1700M
2019-12-10 03:05 PM Nov TNT -1293M TNT -1659M TNT -1500M
2020-01-10 12:45 PM Dec TNT -1609M TNT -1293M TNT -1600M
2020-02-10 10:30 AM Jan TNT -1609M TNT -1800M


News Stream
2019-05-13
Tunisia Trade Deficit Widens Sharply in April
Tunisia's trade gap increased to TNT 2364 million in April of 2019 from TNT 1440 million in the same month a year ago. Imports climbed 31.4% to TNT 6294 million while exports rose at a slower 16.9% to TNT 3930 million. Considering the first four months of 2019, the country's trade deficit widened to TNT 6337 million from TNT 5085 million, as imports advanced 18.7% to TNT 22113 million, boosted by purchases of intermediate goods (11.8%); capital goods (21%) and consumption goods (15.7%). Among main import partners, imports rose from the EU (10.6%), primarily Italy (15.4%) and France (12.6%). Exports grew 16.5% to TNT 15776 million, mainly led by shipments of mining products, phosphates & derivatives (87.7%); energy & lubricants (24.9%); machinery & electrical products (20.5%); textiles, clothing & leather (13.9%) and other manufactured products (28.2%). Among major export partners, sales grew to the EU (17.7%), mostly Germany (28.8%), France (17.8%) and Italy (17.2%).

2019-02-14
Tunisia Trade Gap Widens 29.4% YoY in January
Tunisia's trade deficit increased to TNT 1568.3 million in January of 2019 from TNT 1211.7 million in the same month of the previous year. Imports surged 24 percent to TNT 5383.8 million, boosted by higher purchases of capital goods (38.8%); energy products (26.6%), namely natural gas (62.1%) and refined petroleum products (14%). Among main import partners, imports rose from the EU (14.2%), primarily Italy (50.2%) and France (6.1%). Meantime, exports rose at a slower 21.9 percent to TNT 3815.5 million, mainly led by shipments of mining products, phosphates & derivatives (74%); other manufactured products (46.6%); mechanical & electrical products (29.6%); energy & lubricants (18%) and textiles, clothing & leather (16.3%). Among major export partners, sales grew to the EU (24.3 percent), mostly Italy (48.2%), Germany (28%) and France (20.4%).


Tunisia Balance of Trade
Tunisia is a net exporter of textiles, agricultural products (olive oil, citrus, vegetables), phosphates and chemicals. The country also sends abroad mechanical and electrical goods and hydrocarbons. Tunisia imports mostly machinery and equipment, chemicals, fuel and food. The European Union is Tunisia’s major market: approximately 80 percent of Tunisia’s exports go to the EU, and 60 per cent of imports originate from France, Italy, Germany and Spain.

Tunisia Trade Last Previous Highest Lowest Unit
Balance of Trade -1609.40 -1292.80 -40.30 -2363.60 TND Million [+]
Current Account -1292.60 -3519.60 327.10 -3519.60 TND Million [+]
Current Account to GDP -11.20 -10.20 3.50 -11.60 percent [+]
Imports 5084.80 4944.50 6293.50 453.80 TND Million [+]
Exports 3475.40 3651.70 4127.00 239.60 TNT Million [+]
Capital Flows 6302.10 1619.30 6302.10 -1148.30 TND Million [+]
Tourist Arrivals 8300.00 5850.00 8300.00 3203.80 Thousand [+]
Gold Reserves 6.78 6.78 6.84 6.74 Tonnes [+]
Terms Of Trade 95.20 95.30 110.10 86.40 points [+]
Terrorism Index 3.94 4.09 4.96 0.92 [+]
Foreign Direct Investment 650.70 634.80 3361.30 0.00 TND Million [+]
External Debt 100640.70 99569.70 104980.70 29166.90 TNT Million [+]
Crude Oil Production 34.00 34.00 95.00 22.00 BBL/D/1K [+]