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Friday, 28 April 2023 02:51

Tunisian textile, apparel exports on the rise, offer hope for economic recovery

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The apparel industry in Tunisia is showing promising signs of recovery as the country's textile and apparel exports continue to grow. The Ministry of Industry, Mines and Energy recently reported a 16.78% increase in exports during the first quarter of 2023, reaching TND 2,626.6 million.

This growth is particularly impressive as it surpasses the value of exports achieved in the same period of 2019, before the COVID-19 pandemic, by 22.11% in dinars and 26.64% in euros.

March 2023 also saw a significant rise in exports, with a 16.72% increase to 926.4 million dinars and 14.38% to €278.2 million in euros. Trousers accounted for a significant proportion of ready-to-wear clothing exports, with a growth rate of 16.99% during the first quarter of 2023 to TND 646.2 million, equivalent to €193.9 million.

The European Union (EU) remains the primary market for Tunisian ready-to-wear clothing exports, particularly in France, Italy, Germany, Belgium, Portugal, and the Netherlands. Exports to the EU reached almost €640.4 million in the first quarter of 2023, accounting for 81% of the sector's total exports and a 19.80% increase compared to 2022.

The growth of textile and apparel exports is a welcome relief for Tunisia's economy, which has been grappling with the impacts of the pandemic. The decrease in imports of ready-to-wear clothing by 51.11% to 58.1 MD and in quantity by 26.26% to 0.8 thousand tonnes compared to the same period of 2022 further highlights the positive trajectory of the industry.

The continued growth of the textile and apparel sector is crucial for the country's economic recovery and provides hope for the future.