Trade deficit increase during Q1 of 2018

Contributed by NAMPA.

WINDHOEK, 19 JUN (NAMPA) – Namibia’s trade deficit worsened significantly by 71 per cent during the first quarter of 2018, due to lower exports.
The first quarter of 2018 trade deficit amounted to N.dollars 8.35 million compared to N.dollars 4.88 million recorded during the same period last year.
According to the latest quarterly trade statistics bulletin released by the Namibia Statistics Agency (NSA) on Tuesday, lower exports were valued at N.dollars 18.8 million compared to a higher import fi ...