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Sri Lanka: Trade deficit expands

Sri Lanka’s trade deficit expanded over US $ 10 billion in the year 2018 despite a significant decline in the December trade deficit with a notable deceleration in the import expenditure, the data released by the Central Bank showed. The December imports fell sharply by 15.3 percent year-on-year (YoY) to …

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Myanmar: Trade deficit narrows

Myanmar – The trade deficit for the first four months of the 2018-19 fiscal year, which starts in October and ends in September, has declined with imports increasing at a slower pace compared to the same period of last fiscal year. According to data provided by the Ministry of Commerce, trade …

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New Zealand’s trade deficit hits record high

New Zealand had its largest goods deficit for any January month, at 914 million New Zealand dollars in January, Stats NZ said Wednesday, Feb. 27. “Both imports and exports were up compared with January 2018. However, this month’s large trade deficit reflects that imports are rising much faster than exports,” …

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Pakistan: Trade deficit narrowed 5.3%

KARACHI: Trade deficit in goods and services narrowed 5.3 percent year-on-year to $19.704 billion during the first seven months of the current fiscal year of 2018/19, the central bank’s data showed on Thursday, Feb 21. The State Bank of Pakistan’s (SBP) provisional data showed that trade deficit in goods and …

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Indonesia: Trade gap wider than forecast

Indonesia’s trade deficit swelled in January as exports fell sharper than expected, although imports contracted for the first time in 19 months, data from the statistics bureau showed on Friday, Feb. 15. Southeast Asia’s largest economy had a trade gap of US$1.16 billion in the first month of 2019, larger …

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Romania’s trade deficit widens

Romania’s foreign trade deficit widened by more than 2.17 billion euros (2.45 billion U.S. dollars), to 15.13 billion euros in 2018, showed the latest data with the National Institute of Statistics (INS) released on Monday, Feb. 11. According to the INS, the FOB exports increased by 8.1 percent, year on …

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US trade deficit with China narrows

The United States’ trade deficit with China fell US$2.8 billion to US$35.4 billion in November, led by a decline in US imports of consumer goods The data will be well-received by US President Trump, who has railed against the US’ perceived lopsided trading relationship with China. The United States’ trade …

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Bangladesh’s trade deficit narrows on export pick-up

Bangladesh’s trade deficit narrowed slightly in the first half of the current 2018-19 fiscal year (July 2018-June 2019) on the back of an increase in exports, said a central bank official on Wednesday. Trade deficit narrowed 11.22 percent to 7.66 billion U.S. dollars in July-December this fiscal year compared to …

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Cambodia: Trade deficit grows more

Cambodia’s trade deficit with the rest of the world continued to widen last year to $5.2 billion, as the Kingdom’s imports outstripped its exports once again, a National Bank of Cambodia (NBC) report released on Saturday said. The NBC figures revealed that the Kingdom imported $18.8 billion worth of goods …

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Argentina’s trade deficit fell by more than 50%

Argentina’s trade deficit fell by 54 percent in 2018 with respect to the previous year, amid the recession and depreciation of its peso. Argentina’s trade deficit fell by 54 percent in 2018 with respect to the previous year, amid the recession and depreciation of its peso, according to a report …

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