With Tunisia striving to bring economic growth back on track, agriculture performed strongly in 2015, driven by outstanding production and olive oil exports, which generated TD2bn (€917.2m) in revenue. Combined with falling oil prices, this helped reduce the trade deficit from TD13.64bn (€6.3bn) in 2014 to TD1.2bn (€550.3m) in 2015.
Owing to favourable weather and efforts to improve sector organisation, in 2015 Tunisia was the world’s second-largest olive oil producer and its top exporter. As of October 31, 2015, coinciding with the end of the 2014/15 agricultural season, Tunisia’s 90m olive trees had returned 350,000 tonnes of olive oil.
Prior to the 2011 revolution, political stability and low-cost all-inclusive packaged holidays turned Tunisia into a safe, affordable and sunny destination for holidaymakers. But, while it ensured regular tourist flows to the country every year, their numbers only evolved by 2m in the decade leading to 2010, increasing from 5m to just 7m,...
Around two-thirds of Tunisia’s air traffic is generated by tourist arrivals, which means the aviation sector tends to be heavily impacted by the ebbs and flows of visitor numbers. For instance, in the first half of 2015 – following a pair of terrorist incidents in popular tourist areas – the number of travellers across Tunisian airports fell...
In the years leading up to 2011, Tunisia was a popular destination for many European holidaymakers in search of a nearby, safe and affordable sun and sea destination. For more than 40 years, Tunisia’s resorts in beachside cities like Sousse and Hammamet had catered to a primarily package tourist crowd, attracting visitors from France, Germany...
Tunisia boasts Africa’s sixth-largest manufacturing sector behind Egypt, South Africa and Morocco, and ahead of Kenya. Tunisia’s geography is an important asset for growth, offering direct access to the Mediterranean Sea and proximity to the European market, to which the bulk of the country’s exports are destined. Despite such logistical...
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