Jan-Apr Foreign Trade Balance Totals USD 799 Mn
13 June 2008
During the Jan-Apr period, exports of goods increased by 12.4% yoy to USD 11,387 mn, while imports grew by 22.9% yoy to USD 10,588 mn. Concorde Capital: In Jan-Apr, the trade balance was almost half that of the same period in 2004, or USD 799 mn versus USD 1,545 mn. Since the year began, imports of goods have steadily accelerated their growth rate from 4% yoy in January to 22.9% yoy in April. At the same time, export growth rates fell from 16% in January to 12.4% in April.
