Tunisie Telegraph: Trade deficit hits 17.8 billion dinars with energy accounting for half

Tunisia is experiencing a significant deterioration in its trade balance during the first eight months of 2026, with a deficit reaching 17.85 billion Tunisian dinars, representing an increase of approximately 22% compared to the same period last year. The majority of the deficit is due to the energy sector, which accounted for 8.93 billion dinars, despite energy imports rising by 28.5%, even though sector exports increased by 44.3%. Although total exports grew by 8%, imports rose by 11.6%, leading to a decrease in the coverage ratio from 73.9% to 71.4%. The deficit is not limited to energy; the sector of raw materials and consumer goods also shows a shortfall exceeding 8.9 billion dinars, while olive oil exports recorded a surplus of nearly 3.77 billion dinars. The figures reveal that Tunisia’s problem is not only rising energy bills but also weak exports and high import costs, with a key focus on the structural imbalance in the economy playing a major role in worsening the trade deficit.

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