Tunisia's Energy Balance Deficit Shows Improvement
For the first time in several years, Tunisia's energy balance deficit has shown a tangible improvement of 5% by the end of July 2025, reflecting increased efforts to control imports and adapt to fluctuations in global oil prices.
The deficit decreased from 6,723 million dinars in 2024 to 6,414 million dinars by the end of July 2025, representing a net decrease of 309 million dinars. Meanwhile, the rate of import coverage by exports remains modest, at 16%.
Key Trends
- Hydrocarbon exports declined by 39%, while imports decreased by 13%, illustrating the impact of oil price variations and the dinar/dollar exchange rate on the national energy trade balance.
- In July 2025, the price of crude oil recorded a decrease of $14 per barrel compared to the same period in 2024, and the Tunisian dinar depreciated by 7% against the US dollar, the primary currency for energy transactions.
Outlook for 2025
Tunisia is starting to gradually reduce its energy deficit thanks to lower imports and a favorable oil context, a positive sign for national energy security and economic stability. This improvement is a result of the country's efforts to manage its energy balance and adapt to global market fluctuations.
