70 Years of Economic Relations Between Germany and Tunisia: A Review of a Strong Partnership
On the occasion of the 70th anniversary of their economic relations, the German Embassy in Tunis has published a statistical report that highlights the extent of a well-established and far from symbolic cooperation.
Key Figures of German-Tunisian Economic Cooperation
According to a statement released by the German Embassy in Tunisia, nearly 300 German companies are currently active in Tunisia, making Germany the second-largest foreign investor in the country. These companies operate in various sectors, including:
- Manufacturing industry
- Automotive sector
- Renewable energy
These three areas are crucial to the structure of Tunisia's productive economy.
Social Impact of German-Tunisian Economic Cooperation
The social footprint of this economic partnership is significant, with approximately 100,000 jobs directly attributed to it. The embassy highlights this figure to illustrate the concrete, non-financial dimension of this partnership.
Trade and Investment
In terms of trade, the volume of bilateral exchanges amounts to around €5 billion per year. Additionally, according to the embassy's statement, German direct investments in Tunisia were valued at €100 billion in 2024.
This review of 70 years of economic relations between Germany and Tunisia demonstrates a strong and multifaceted partnership that has a significant impact on the Tunisian economy and society.