The Defense Ministry of the North African country said the pilot was unharmed as he was able to eject safely before the aircraft, an F-5, plunged into the sea.
The pilot was rescued by a Tunisian helicopter, Defense Ministry spokesman Mohamed Zekri told AFP. Two Italian helicopters also took part in the search, The New Arab reports citing the Italian Defense Ministry.
The joint military drills, according to the Italian ministry, are aimed at testing surveillance and air defense systems in the western Mediterranean as well as improving the coordination of air operations.
Tunisia’s air force also held its first joint exercises with Saudi forces this month.