Olive oil: Tunisia's exports grow in first trimester of 2020

146,000 tons with revenues worth 282 mn euros

23 April, 11:52

    (ANSAmed) - TUNIS, APRIL 23 - Despite the coronavirus emergency, revenues from Tunisian olive oil exports have registered a record growth, according to the National office of Tunisian oil (Onh). The organization said that Tunisia exported 146,000 tons of olive oil in the first trimester of 2020 with revenues worth 896 million Tunisian dinars (approximately 282 million euros) compared to the 80,000 tons worth 740 million dinars recorded over the same period in 2019.

    The president and CEO of Onh, Chokri Bayoudh, stressed that, despite a slowdown in exports during this epidemic, the commercialization of Tunisian olive oil has been relatively successful in continuing its activity and reaching foreign markets.

    Olive oil exports have reached 300,000 tons since the start of November 2019 until March 31 this year, considering the set goal of exceeding 250,000 tons of exported olive oil for revenues estimated to exceed 2 billion dinars.

    Commenting these good results, Bayoudh stated that, thanks to olive oil exports, Tunisia has registered a surplus in its agri-food trade balance. (ANSAmed)
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