Tunisia: Energy Trade Balance Deficit Shrinks 41 Percent (March 2020 - March 2021)

Tunis/Tunisia — The trade balance energy deficit went from 1,727 million dinars during the first quarter (Q1) of 2020 to 1,028 million dinars during Q1 of 2021, i.e. a 41% decrease (taking into consideration royalties on exported Algerian natural gas).

According to the monthly report of the National Observatory of Energy and Mining (ONEM) on Tuesday, the exports of energy products saw a 75% increase in value during Q1 of 2021.

As for imports, they experienced a 19% drop in value, particularly those of petroleum products, which have fallen 8%.

The energy independence rate, which represents the ratio of primary energy resources, improved from 59% in Q1 of 2021 to 43% in Q1 of 2020, according to the same source.

AllAfrica publishes around 700 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.

X