Exports up 10.1% y/y in April 2022—  Galt & Taggart

Exports up 10.1% y/y in April 2022— Galt & Taggart

access_time2022-05-17 17:42:22

In April-22, exports increased by 10.1% y/y to US$ 415.7mn from last year’s high base, after a 26.3% y/y (US$ 411.4mn) growth in previous month.


Imports growth accelerated by 25.3% y/y to US$ 947.2mn, after growing 16.0% y/y in previous month.



As a result, the trade deficit widened by 40.4% y/y to US$ 531.5mn, after a 8.6% y/y growth a month before. Overall, in 4M22, trade deficit was up 34.4% y/y to US$ 2.1bn, as exports increased by 32.8% y/y to US$ 1.6bn, while imports were up by 33.7% y/y to US$ 3.7bn.


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