The exports peaked to $906.050 million in 2018, before slipping to $822.922 million in 2019. They further declined to reach $708.193 million in 2020 during the pandemic. Though the shipment increased to $807.024 million in 2021, they could not touch the pre-COVID levels.
Tunisia’s apparel export to France is likely to fully recover from the dent of COVID-19 this year. The outbound shipment increased in 2021 to $807.024 million in 2021 but it was lower than the exports in 2020 when it slipped due to the pandemic. The exports from Tunisia to France had already reached $592.301 million in the first eight months of this year.
During January-August 2022, the exports amounted to $592.301 million. The quarterly export figures indicate volatility. Tunisia exported apparel worth $133.851 million in July and August 2022. They reached $223.636 million in Q2 2022, $234.813 million in Q1 2022, $210.400 million in Q4 2021, $187.691 million in Q3 2021 and $199.403 million in Q2 2021, according to Fibre2Fashion’s market insight tool TexPro.
During the first eight months of the current year, trousers and shorts was the top category with exports amounting to $109.151 million, taking up a share of 18.94 per cent in the total apparel exports. Other major products were dresses (11.09 per cent), innerwear (10.33 per cent), shirts (8.61 per cent), T-shirts (8.50 per cent), jerseys (5.60 per cent), swimwear (4.75 per cent) and sportswear (3.59 per cent), as per TexPro.
The two countries recently signed a €200 million (about $206.9 million) deal that will help Tunisia implement reform plans and restore financial balance, the ministry of economy of Tunisia said in a statement quoting Minister Samer Saied.
Fibre2Fashion News Desk (KUL)
