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Exports rise 10.3% in early 2026

Exports rise 10.3% in early 2026

The value of domestic exports increased by 4.6% during the first seven months of 2026, reaching 5,509 million dinars. Re-exports grew significantly by 67.2%, totaling 886 million dinars, bringing the total exports to 6,395 million dinars—a 10.3% increase. Despite imports rising by 2.4% to reach 11,585 million dinars, the trade deficit decreased by 6%, amounting to 5,190 million dinars. The surge in exports was primarily driven by the clothing, fertilizers, and potash sectors, while exports of jewelry, gemstones, and phosphates declined. Imports of oil increased by 45.8%, and grains by 9.7%, whereas imports of jewelry, electronics, and machinery decreased. The rise in exports is mainly attributed to exports to Syria, Iraq, Asian countries, and the European Union, with Saudi Arabia being among the top importing countries. In July 2026, exports were valued at 926 million dinars, and imports at 1,746 million dinars, resulting in a deficit of 820 million dinars.

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