Tunisia - AfricaCountry of Opportunities
Tunisia - Country of Opportunities
- A geostrategic position in the Med Area and north Africa: Located at the junction of the eastern and western basin of the Mediterranean, and only 140 km from Europe, Tunisia enjoys a privileged geographical position which makes it a regional hub for investment as well as for trade and production.
- Proximity & Free Access to Major Markets: Tunisia has signed a number of preferential bilateral and multilateral agreements: o An advanced partner status with the European Union (Deep and Comprehensive Free Trade Agreement (DCFTA) in Progress o A Free Trade Area Agreement with EFTA countries, o the Pan-Arab Free Trade Zone with 18 countries of the League of Arab States. o Member of COMESA (Common Market for Eastern and Southern Africa ) o Member of the African Continental Free Trade Area (AfCFTA)
Invest in Tunisia
Tunisian exports to sub-Saharan African countries
Tunisian exports to sub-Saharan African countries reached 1404.5 Millions dinars (520 million USD) in 2021, an increase of 27.6% compared to 2020. Ivory Coast is Tunisia’s main customer with a 17% share of the total Tunisian exports to sub-Saharan Africa, followed by Senegal (11%), Cameroun (7%), and Guinea (6%). The major exported products are plaster, cement, margarine, tissue paper, and processed food.
The sector of service is also experiencing a high growth in the African continent, profiting from the know-how and effectiveness of Tunisian firms in various fields such as building and public works, health, information and communications technology, and education.
Tunisia’s membership in the African Continental Free Trade Area and in the COMESA is also of a major benefit that should allow Tunisian firms to have a better access to markets and to contribute even more to the development of intra-African trade.