Tunisia’s import of aluminium plates, sheets and strips during 2018-20 displays a sharp rise with a marginal drop

Tunisia represents a mixed economic system, which provides a variety of private freedom, combined with centralized economic planning and government regulation. As per the World Bank, the COVID-19 pandemic has stretched into 2021, which result in socio-political unrest and Tunisia’s growth and fiscal outlook are looking weaker than before. The recovery will require more stability and a joint national effort to steer the economy to the right path.

The northernmost country in Africa has recorded 22,417 tonnes import of aluminium plates, sheets and strips during 2018-19 and the amount expended for the import was $76.09 million. The import for 2020 remained at 14,315 tonnes and the expenditure stood at $37.13 million. Notwithstanding, when the import volume and expenditure for 2020 get tally with the existing two years, it denotes 36,732 tonnes and $113.22 million respectively.

Tunisia’s import of aluminium plates, sheets and strips in 2018 was registered at 7351 tonnes and the expenditure accounted was $27.72 million, whereas, in 2019 the import saw an up-rise of 104.95%, as the import volume grew to 15,066 tonnes and the expenditure also jumped to $48.37 million.

The import for 2020 was notified with de-growth by 4.98%, as the import volume fell to 14,315 tonnes and the expenditure dipped to $37.13 million.

Tunisia’s major trading destinations for the importation of aluminium plates, sheets and strips are Austria, Belgium, China, France, Germany, Hong Kong, Italy, Jordan, Poland, Norway, etc.