Overview: In 2018 Tunisia was the number 96 economy in the world in terms of GDP (current US$), the number 79 in total exports, the number 78 in total imports, and the number 64 most complex economy according to the Economic Complexity Index (ECI). In 2018, Tunisia exported $15.2B and imported $20.2B, resulting in a negative trade balance of -$4.96B. In 2018, Tunisia's exports per capita were $1.32k and its imports per capita were $1.75k.
In 2018 Tunisia exported a total of $15.2B, making it the number 79 exporter in the world. During the last five reported years the exports of Tunisia have changed by -$4.34B from $19.6B in 2013 to $15.2B in 2018.
In 2018 Tunisia imported $20.2B, making it the number 78 trade destination in the world. During the last five reported years the imports of Tunisia changed by -$5.72B from $25.9B in 2013 to $20.2B in 2018.
In 2018, Tunisia exported $3.85B worth of services. The top services exported by Tunisia in 2018 were Personal travel ($1.7B), Transportation ($1.15B), Construction services ($282M), Computer and information services ($266M), and Government services, n.i.e. ($157M).
The top services imported by Tunisia in 2018 were Transportation ($1.47B), Personal travel ($765M), Construction services ($253M), Government services, n.i.e. ($226M), and Insurance services ($174M).
This section shows forecasts for total product exports and imports for Tunisia. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
During the last 20 years Tunisia's economy has become relatively more complex, moving from the 78th to the 64th position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
Tunisia has a high level of specialization in Pure Olive Oil (112), Phosphoric Acid (45.7), Olive Oil (44.7), Knit Active Wear (32.7), and Fluorides (32.7). Specialization is measured using RCA, an index that takes the ratio between Tunisia observed and expected exports in each product.
The top export opportunities for Tunisia according to the relatedness index, are Hats (0.25), Cotton Waste (0.24), Tea (0.24), Spices (0.24), and Knitted Hats (0.24). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Tunisia is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
Tunisia
