The trade balance in Tunisia suffers from a deficit due to drowning the market with Chinese goods. The trade deficit in Tunisia has reached more than 6 billion dollars. Therefore, the Tunisian Union of Industry, Trade and Handicrafts is resisting random imports from China.
However, the purchasing power of the Tunisian citizen has declined due to the country’s poor economic situation, so Tunisians are forced to buy cheap, poor-quality goods, especially Chinese ones, which have swept the Tunisian markets.
Tunisian traders, in turn, expressed their dissatisfaction with the unequal competition due to poor-quality Chinese goods, so that their stores are no longer safe from entering these poor goods, as the requirements of the Tunisian market today require engaging in these commercial transactions, which increased the suffering of traders.
Many of the affected merchants in the market complain about the difficulties they face on a permanent basis, stressing that Tunisian goods are distinguished from their Chinese counterparts due to their high quality.
Tunisia is suffering from a catastrophic economic situation. The figures for the economic bleeding are clear and terrifying. The inflation rate reached 6.2% during August 2021, the growth rate is weak, and the country is plunged into debt, as the size of the public debt exceeds 100 percent of GDP.
In order to repay the loans, Tunisia has no solution but to take a new loan, which prompted it to start new negotiations with the International Monetary Fund to obtain $4 billion, while the unemployment rate in the country is close to 18 percent.
