Economy of Tunisia
Statistics | |
---|---|
Ease-of-doing-business rank | 78th (easy, 2020) |
External | |
Exports | $13.82 billion (2017 est.) |
Export goods | clothing, semi-finished goods and textiles, agricultural products, mechanical goods, phosphates and chemicals, hydrocarbons, electrical equipment |
Contents
What is the major exports of Tunisia?
Exports The top exports of Tunisia are Insulated Wire ($1.99B), Non-Knit Men’s Suits ($881M), Crude Petroleum ($653M), Non-Knit Women’s Suits ($517M), and Pure Olive Oil ($502M), exporting mostly to France ($4.82B), Italy ($2.74B), Germany ($2.1B), Spain ($686M), and Libya ($539M).
What are some major imports and exports in Tunisia?
Major imports from Tunisia included crude oil, apparel, food products (mainly olive oil and dates), electronics, and electrical components. Tunisia has a diverse market economy. According to Tunisia’s National Institute of Statistics (INS), real GDP growth in 2018 was 2.5%. The INS forecasts growth of 2.9% in 2019.
What does Tunisia produce?
The main cereal crops are wheat and barley. Tunisian farmers grow olives, dates and fresh fruits for both export and domestic consumption. Meat (chicken, sheep and cattle) and vegetables (tomatoes and potatoes) represent important comestible goods as well. The main agricultural export is olive oil (FAO, 14.07.
What are the top 3 exports?
These are the top US exports
- Top U.S. goods exports.
- Food, beverage and feed: $133 billion.
- Crude oil, fuel and other petroleum products: $109 billion.
- Civilian aircraft and aircraft engines: $99 billion.
- Auto parts, engines and car tires: $86 billion.
- Industrial machines: $57 billion.
- Passenger cars: $53 billion.
What is Tunisia known for?
Tunisia is known as the country of origin of the so-called Arab Spring, an uprising against the governments in various countries in North Africa and the Middle East that began in 2011. Tunisia is famous for having been one of the sites of the ancient Phoenician civilization.
What type of economy is Tunisia?
Tunisia has a mixed economic system in which there is a variety of private freedom, combined with centralized economic planning and government regulation. Tunisia is a member of the League of Arab States (Arab League).
Where does Tunisia export to?
The country also sends abroad mechanical and electrical goods and hydrocarbons. Tunisia’s main exports markets are European Union countries with France, Italy, Germany and Spain being the most important.
What are the natural resources of Tunisia?
Its main natural resources include petroleum, phosphates, iron ore, lead, zinc, and salt.
What countries does Tunisia trade with?
In 2019, Tunisia major trading partner countries for exports were France, Italy, Germany, Unspecified and Spain and for imports they were Italy, France, China, Germany and Algeria.
What is Tunisia famous for producing?
Tunisia is one of the world’s biggest producers and exporters of olive oil, and it exports dates and citrus fruits that are grown mostly in the northern parts of the country.
What are the main industries in Tunisia?
Economy of Tunisia
Statistics | |
---|---|
Main industries | petroleum, mining (particularly phosphate, iron ore), tourism, textiles, footwear, agribusiness, beverages |
Ease-of-doing-business rank | 78th (easy, 2020) |
External | |
Exports | $13.82 billion (2017 est.) |
What are the main resources for the economy of Tunisia?
Tunisia’s economy is focused on boosting exports, foreign investment and tourism, all of which have become central to the country’s economy. Key exports now include textiles and apparel, food products, and manufactured products. Tunisia’s main natural resource, phosphate remains vital to its economy.
What is the US #1 Export?
Searchable List of America’s Most Valuable Export Products
Rank | US Export Product | YOY |
---|---|---|
1 | Processed petroleum oils | -30.6% |
2 | Crude oil | -23% |
3 | Cars | -18.7% |
4 | Integrated circuits/microassemblies | +10.3% |
What is a main export?
What Is an Export? Exports are goods and services that are produced in one country and sold to buyers in another. Exports, along with imports, make up international trade.
Which country has the most exports?
China
China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019. 2 In 2013, China became the largest trading nation in the world.
What country owns Tunisia?
France controls economic and foreign affairs; Tunisia is a French protectorate from 1883. 1956 – Tunisia becomes independent with Habib Bourguiba as prime minister, monarchy is abolished and Tunisia becomes a republic the following year.
What race is Tunisian?
The majority of Tunisians are of Berber descent with small percentages of Arab. However, up to 20% of the population is said to be of Black African descent. While many are descendants of the slaves brought from further south in sub-Saharan Africa, some are said to be the original Berbers.
Can you drink alcohol in Tunis?
Alcohol is legal and publicly consumed in Tunisia, but it is becoming a point of friction as Tunisians try to figure out what kind of country they want to build in the wake of the revolution.
Why is Tunisia poor?
it is smallest country in North Africa. It is located in strategic position bounded by mediterrean sea. From the North to South, you can found multiple of resources , mineral resouces ( Zn, Pb, iron, etc) to phosphates and we final to petroleum in southern basin. Tunisia belong the third world which are poor countries.
What language is spoken in Tunisia?
Arabic