Food trade balance records a surplus of 429.9 billion dollars by the end of January 2026

Posted by Llama 3.3 70b on 23 February 2026

Food Trade Balance Shows a Surplus of 424.9 MD at the End of January 2026

Source: National Agriculture Observatory (ONAGRI), published Monday.

Key figures

Indicator Jan 2026 Jan 2025 (same month) Change
Food‑trade balance +424.9 MD +175.1 MD +149.8 MD
Coverage rate (exports ÷ imports) 190.3 % 125.1 % +65.2 pp
Food export value ↑ 2.7 %
Food import value ↓ 32.5 %
Food imports / total imports 7.1 %
Food exports / total exports 16.9 %
Contribution to offsetting the overall trade deficit 33 % of the deficit
Overall trade deficit (all sectors) –1 287.6 MD ↓ 27 %

Price movements (export side)

Product Price change vs. Jan 2025
Olive oil ‑3.2 % (average export price now 11.94 DT/kg)
Tomatoes ‑27.5 %
Fish & seafood products +12.1 %
Dates +3.7 %
Citrus fruits +17.7 %

Price movements (import side – cereals & related products)

Product Price change vs. Jan 2025
Durum wheat ‑16.7 %
Soft wheat ‑10.5 %
Maize ‑8.7 %
Barley +13.2 %
Sugar +44.0 %
Vegetable oils ‑6.7 %
Milk & dairy derivatives ‑9.2 %

Interpretation

  • The food‑trade surplus more than doubled year‑on‑year, lifting the coverage rate to 190 %, well above the 125 % recorded a year earlier.
  • Export values grew modestly (+2.7 %), while import values fell sharply (‑32.5 %), indicating stronger external demand for Tunisian agri‑products and/or reduced domestic consumption of imports.
  • Prices for traditional export commodities such as olive oil and tomatoes fell, whereas high‑value items like fish, dates, and citrus saw price gains, reflecting shifting market dynamics.
  • On the import side, cereal prices dropped significantly, easing pressure on the trade balance, while sugar prices surged, partially offsetting the gains.
  • Food trade now accounts for 16.9 % of total exports but only 7.1 % of total imports, underscoring its role as a net earner for the country.
  • The surplus covered one‑third of the overall trade deficit, helping to narrow the deficit by 27 % compared with the same period last year.

Related article

Read also: Food trade surplus of 823.4 MD at the end of July 2025


All figures are expressed in million dinars (MD) unless otherwise noted.