Tunisian Industrial Sector Shows Positive Signs in 2024
According to the Ministry of Industry, the Tunisian industrial sector continues to show positive signs in 2024, with a notable increase in exports and investment intentions.
Agro-Food Industry Leads the Way
The agro-food industry, a driving force behind this dynamic, has seen its exports increase by 17%, reaching 7,041 million dinars compared to 6,034 million dinars in 2023. The coverage rate has also jumped to 181% compared to 148% the previous year. This sector comprises 987 companies (21% of all industrial companies) and employs nearly 79,000 people.
Textile, Clothing, Leather, and Footwear Industries Contribute to Success
The textile, clothing, leather, and footwear industries, which represent 33% of manufacturing companies and 35% of sector jobs, have also contributed to this success. Their trade balance remains surplus, with a coverage rate of 132% and a positive balance of 2,781 million dinars.
Electrical and Mechanical Industries See Growth
In the electrical and mechanical industries, exports have increased by 1.2%, thanks to a 6% rise in mechanical industries. This sector accounts for 51% of manufacturing exports and 30% of sector jobs.
Investment Intentions on the Rise
Declared investment intentions have increased by 10%, reaching 2,539 million dinars in 2024, compared to 2,316 million dinars in 2023, according to the Agency for the Promotion of Industry and Innovation. The chemical industry stands out with a 94% increase in investment intentions, reaching 293 million dinars, followed by the agro-food industry (+44%) with 940 million dinars.
A Testament to the Resilience and Vitality of Tunisian Industry
These figures testify to the resilience and vitality of the Tunisian industry, confirming its central role in the country's economic development.