direct: Tunisia achieved a growth in the value of its olive oil exports, exceeding half of its food exports, during the 4 months of the current year 2023.
Data from the National Observatory of Agriculture showed that Tunisia’s olive oil exports grew in terms of value during 4 months of the year by 18.86 percent, to 1.168 billion dinars, compared to exports worth 982.4 million dinars in 4 months of last year.
This was motivated by the increase in the price of Tunisian olive oil, with an average of 15.13 dinars per kilogram during 4 months of the year, compared to 10.15 dinars per kilogram as an average in 4 months of last year.
The quantity exported of Tunisian olive oil decreased during that period to 77.2 thousand tons, or by 20.2 percent, from the quantity exported in 4 months of last year, which amounted to 96.8 thousand tons.
The share of Tunisia’s olive oil exports amounted to 50.3 percent of the total value of its food exports during 4 months of the year, up 6.2 percentage points from its share in 4 months of 2022, which amounted to 44.1 percent.
Tunisia was able to reduce its food trade balance deficit during 4 months of the year by 41.56 percent, to 240.7 million dinars, compared to a deficit of 411.9 million dinars during 4 months of 2022.
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