Tunisia’s Trade Deficit Increases by 60%

Kamel, 56, a brass carver and vendor of souvenirs, works at his shop as he waits for customers in the old city of Sousse, Tunisia June 23, 2016. REUTERS/ Zohra Bensemra

The Tunisian Institute of Statistics (INS) revealed Monday that Tunisia’s balance of trade deficit widened by a record of 21 billion dinars (around $6.7 billion) in the first 10 months of 2022 from a year earlier, an increase of at least 60 percent.

In the first nine months of 2022, the trade deficit increased by 19.2 billion, meaning it increased no less than 2.1 billion dinars in one month.