Tunisia: 70% of country's exports go to EU
Riadh Bezzarga, Director of Market Studies and Strategy at the Export Promotion Center (CEPEX), announced that Tunisian exports in 2024 are estimated at 62 billion dinars, while exports to African markets (goods only) reached just 0.25 billion dinars, about 4%.
Speaking on Express FM' during the first edition of the Africa Business Partnership Days held at the Exporters' House and running through June 25, Bezzarga noted that five main markets: Senegal, Côte d'Ivoire, Guinea, Cameroon, and Gabon alone account for nearly 50% of Tunisia's exports to Africa.
He pointed out that Tunisia is working to diversify its export markets, as 70% of its exports currently go to the European Union.
This heavy dependence poses a risk in the event of crises in Europe. Accordingly, efforts have been made to reorient exports toward America, Africa, and Asia.
A specific strategy for sub-Saharan Africa has been implemented, expanding beyond goods to include services in sectors such as healthcare, private universities, banking, and new technologies.
He also noted that over 80% of Tunisian exports come from fully export-oriented companies, meaning the actual share of exports to Africa exceeds 4%, especially when compared to just 1% twenty years ago.
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Tunisia: 70% of country's exports go to EU
Riadh Bezzarga, Director of Market Studies and Strategy at the Export Promotion Center (CEPEX), announced that Tunisian exports in 2024 are estimated at 62 billion dinars, while exports to African markets (goods only) reached just 0.25 billion dinars, about 4%. Speaking on Express FM' during the first edition of the Africa Business Partnership Days held at the Exporters' House and running through June 25, Bezzarga noted that five main markets: Senegal, Côte d'Ivoire, Guinea, Cameroon, and Gabon alone account for nearly 50% of Tunisia's exports to Africa. He pointed out that Tunisia is working to diversify its export markets, as 70% of its exports currently go to the European Union. This heavy dependence poses a risk in the event of crises in Europe. Accordingly, efforts have been made to reorient exports toward America, Africa, and Asia. A specific strategy for sub-Saharan Africa has been implemented, expanding beyond goods to include services in sectors such as healthcare, private universities, banking, and new technologies. He also noted that over 80% of Tunisian exports come from fully export-oriented companies, meaning the actual share of exports to Africa exceeds 4%, especially when compared to just 1% twenty years ago.
