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Trade between Tunisia and the Maghreb down 17.9%

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ennahar 25 August, 2011 03:16:00

Trade between Tunisia and the AMU countries (Libya, Algeria, Morocco and Mauritania) fell from 2.086 billion Dinars (1.057 billion euros) to 1.713 billion Dinars (866 million Euros), according to Lotfi Khedhir, Director General of Foreign Trade Observatory, who was quoted by the Tunisian agency TAP.
Only the food industry, which exports reached 290.2 million Dinars (about 185 million euros) was spared.
Four other export sectors recorded declines in sales outside: the engineering industry, various industries, phosphates and derivatives and textile clothing.
In late July 2011, Tunisian exports to the countries of the UMA were flat at 1.182 billion Dinars (596 million euros) against 1.207 billion Dinars (608 million euros) last year, down 2%.
The value of Tunisian exports to the Libyan market, until the end of July 2011 reached 584.2 MD (about 290 million euros). Followed by Algeria with 374.9 MD (about 185 million), Morocco with 202.7 MD (about 100 million euros) and Mauritania with 20.9 MD (about 10 million euros).
Imports are down 40% for the same period. They are estimated at 878.8 million Dinars (445 million).
Algeria has taken the place of Libya as a trading partner of Tunisia, said Kédhir.
This country monopolizes nearly half (47%) Tunisian exchange against 35.7% for Libya which lives for six months a popular uprising and where the regime of Colonel Gaddafi is about to collapsed.
Ennaharonline/ M. O.

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