The coverage rate of trade at constant prices has lost 1.2 points in July 2021, compared to the previous month, to reach the level of 74.5%, according to data published Thursday by the National Institute of Statistics (INS).

In fact, this drop is due to a more pronounced regression in the volume of exports (13.3%) than in imports (11.9%) compared to June 2021.

In terms of prices, those of exported products stabilised at +0.1%, compared with a rise in the prices of imported products of +1.5%.

The volume of exports fell by 13.3% in July, due to the regression of export volumes in the mechanical and electrical industries sector (-17.6%), in particular the electrical industries sector whose exports fell in volume by 22%.

The decline was also recorded in the textile, clothing and leather sector (-14.7%) and the mining, phosphate and derivatives sector (-13.7%). On the other hand, the energy and lubricants sector recorded an increase in volume of 11.7%.

As for the volume of imports, it decreased by 11.9%, following the fall in the volumes of our supplies of raw materials and semi-finished products (-20%) and energy products (-42.9%).

On the other hand, the volumes of purchases of food products and capital goods have increased respectively by 11.1% and 3.3%.

The INS reported, in the same context, that the volume of trade excluding energy was characterised by a more pronounced decline in exports (-15.4%) than in imports (-7.3%), in July 2021.

In addition, the prices recorded a stagnation at the export level and a rise of 1.9% at the import level, which led to a fall in terms of trade excluding energy, of 1.8 points to be situated at 95.8%.

Source: TAP News Agency