Tunisia’s exports to Libya down 32%: TAP reports economic impact of Libyan Civil War on Tunisia

Tunisia’s exports to Libya down 32%

Saturday, May 21, 2011 15:33

tunisie-libye370

TUNIS (TAP) – Tunisia’s exports to Libya fell by 106.2 million dinars (MTD), or 32%, in the first quarter of 2011, compared with the same period of last year.

This fall is due to the interruption of imports of crude oil which represent the major part of Tunisian imports.

Tunisia’s exports to Libya reached 226.3 MTD in the first four months of this year against 332.5 MTD in the same period of 2010, said the Foreign Trade Observatory stemming from the Trade and Tourism Ministry.

Exports of the mechanical and electronic industries declined in the first four months of this year to 48,6 MTD compared with the same period of the previous year.

Decreases were also recorded in cement (-18.3 MTD), phosphate and derivatives (-16.3 MTD), toilet paper (-11.1 MTD), building materials (-9.8 MTD), textile and clothing (-4.7 MTD), hair preparations (-4.5 MTD), package paper (-3.4 MTD) and leather and shoes (-0.2 MTD).

However, exports of foodstuffs increased by 53.2 MTD, reaching 124.9 MTD in the first four months of this year, against 71.6 MTD in the same period the year before.

The increase involved exports of canned potatoes (22.1 MTD), vegetable oils (12.5 MTD), cheese and curd (6.5 MTD) and maize (4.2 MTD).

Exports of canned fish fell by 1.7 MTD.

About rawlinsview

News and political commentary from the point of view of the social interests of the international working class.
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