{"id":1764,"date":"2023-08-18T13:29:23","date_gmt":"2023-08-18T13:29:23","guid":{"rendered":"https:\/\/medperspective.org\/?p=1764"},"modified":"2023-08-18T13:46:51","modified_gmt":"2023-08-18T13:46:51","slug":"medmarkets-tunisia-economy-growth-at-1-2-reduces-trade-deficit","status":"publish","type":"post","link":"https:\/\/medperspective.org\/index.php\/2023\/08\/18\/medmarkets-tunisia-economy-growth-at-1-2-reduces-trade-deficit\/","title":{"rendered":"MedMarkets: Tunisia economy growth at 1.2%, reduces trade deficit"},"content":{"rendered":"\n<p class=\"has-medium-font-size\">According to figures published recently by &nbsp;<em>l\u2019Institut National de la Statistique (INS)<\/em> on August 15, 2023, and reported by <em><a href=\"https:\/\/www.ilboursa.com\/marches\/l-economie-tunisienne-realise-une-croissance-de-1-2-au-premier-semestre_42119\" target=\"_blank\" rel=\"noopener\">IlBoursa<\/a>.com,<\/em> the Tunisian economy saw a (seasonally adjusted) growth of 0.6% during the second quarter of the current year.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">In terms of quarterly change (compared to the first quarter of 2023), the GDP in volume fell by 1.3%, contrary to an increase by 0.7% in the previous quarter. Taking into account the revised growth rate for the first quarter at 1.9% and the 2.1% rate announced on May 15, the overall GDP growth for the first half of 2023 would stand at 1.2%.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Due to its growth in volume by 0.2%, domestic demand contributed 0.25 percentage points to the economic growth of the second quarter, while the contribution of slight growth of external trade balance stood at 0.35 points, due to a rise of 11.4% in the volume of exports of goods and services, slightly outpacing the increase in imports at 9%.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Decrease of trade deficit:<\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\">The growth of external trade balance can be accounted for by the increase in exports mainly to the EU (72.2% of total exports), which registered a surplus of 13.8 % during the first 4 months of 2023, particularly with <a href=\"https:\/\/kapitalis.com\/tunisie\/2023\/05\/11\/le-deficit-commercial-de-la-tunisie-se-poursuit-avec-la-chine-et-la-russie\/\" target=\"_blank\" rel=\"noopener\">France (+13.8%), Italy (+11.2%), Germany (+8.2%), Spain (+19.2%), Belgium (+6.4%), and the Netherlands (+79.7%).<\/a><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-medium-font-size\">Tunisia&#8217;s trade deficit is mainly due to the country&#8217;s energy dependence. The countries with whom Tunisia registered a trade deficit are mainly China (-2614.6 MDT), Turkey (-1029.7 MDT), Algeria (-1765.4 MDT), Russia (-1742.8 MDT), Ukraine (-498.4 MDT), Egypt (-382.3 MDT), and Greece (-208.4 MDT).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to figures published recently by &nbsp;l\u2019Institut National de la Statistique (INS) on August 15, 2023, and reported by IlBoursa.com, the Tunisian economy saw a (seasonally adjusted) growth of 0.6% during the second quarter of the current year. In terms of quarterly change (compared to the first quarter of 2023), the GDP in volume fell &hellip;<\/p>\n","protected":false},"author":3,"featured_media":1766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[54],"class_list":["post-1764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-tunisia"],"_links":{"self":[{"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/posts\/1764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/comments?post=1764"}],"version-history":[{"count":2,"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/posts\/1764\/revisions"}],"predecessor-version":[{"id":1769,"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/posts\/1764\/revisions\/1769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/media\/1766"}],"wp:attachment":[{"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/media?parent=1764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/categories?post=1764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medperspective.org\/index.php\/wp-json\/wp\/v2\/tags?post=1764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}