Tunisian Automotive Component Exports Exceed €2.2 Billion in 2024
Tunisian exports of automotive components have surpassed €2.2 billion (approximately 7.5 billion dinars) in 2024, according to Minister of Industry, Mines, and Energy, Fatma Thabet Chiboub. This announcement was made during a high-level ministerial roundtable held on the sidelines of the Intra-African Trade Fair, which took place from September 4 to 10 in Algiers.
Key Statistics
- The automotive component sector contributes around 4% to the national GDP.
- The industry comprises approximately 300 companies and employs over 120,000 people.
- The sector has a value-added rate of 40% and an estimated annual growth rate of 12%.
Tunisia's Position in the African Automotive Sector
The Minister highlighted that Tunisia ranks second in Africa in the automotive components and equipment sector. She emphasized the efforts being made to attract more investments, strengthen strategic partnerships, and promote national expertise to consolidate this position.
Initiatives and Future Plans
Furthermore, Fatma Thabet Chiboub announced that her department is currently working on installing electric vehicle charging stations in several regions of the country. This initiative aims to adapt Tunisia's industrial and energy infrastructure to global developments in the automotive sector.
Participation in the Intra-African Trade Fair
Tunisia is participating in the Intra-African Trade Fair with a pavilion featuring 24 exporting companies, including SMEs, artisans, and innovative start-ups.
Call for Enhanced Economic Integration
The Minister reiterated the importance of achieving enhanced economic integration among African countries to stimulate the competitiveness of the automotive industry on the continent.
