healthcare

Pharmaceutical industry: Tunisia has lion's share of intra-regional exports

November 28, 2021

TAP- (TAP correspondent Amira Jenzri) - Tunisia has the lion's share of intra-regional exports of pharmaceuticals with 44%, it emerges from a study on 'the Potential for Promoting Regional Value Chains: a Mapping Exercise on the Pharmaceutical Sector, 'presented Thursday in Marrakech, Morocco.

Morocco ranks second with 40% of exports, followed by Egypt 13% and Algeria 2.3%, the study revealed. The study was presented by Consultant with the United Nations Economic Commission for Africa (ECA)-North Africa Patricia AUGIER at a workshop held on November 24-25 by the ECA sub-regional office in North Africa on the theme ''Unlocking the Potential of Regional Value Chains in North Africa: Focus on the Pharmaceutical and Digital Finance Sectors.''

Algeria tops intra-regional importers with (61%). Mauritania, Tunisia and Morocco's imports range between 12% and 13%. Egypt imports 0.2% from North African countries.

Total intra-regional trade in pharmaceutical products surged from $ 80 million in 2008 to over $ 140 million (three-year average of 2016, 2017, 2018). The level of trade among North African countries is low with 2.3%.

Findings of the study show poor regional integration through trade in pharmaceutical products in North Africa is tightly linked to the fact that almost all these imports come from other countries of the world and that their volume in comparison to the region's total trade is considerable.

The two-day meeting brings together experts from North Africa in a bid to carry out a diagnosis of opportunities to set up value chains for the pharmaceutical industry and digital finance in North Africa, analyse the development potential of these niches and create a framework for joint action to ease the implementation of these opportunities.

tap.info

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