Nam's trade deficit shrinks

13 June 2019 | Economics

Namibia recorded a trade deficit of N$2.95 billion in the first quarter of 2019, a drop of about N$6.3 billion or nearly 68.3% compared to the first quarter of 2018.
According to the Namibia Statistics Agency (NSA), the country’s exports in the first three months of the year amounted to nearly N$21.4 billion, up nearly 12.4% on an annual basis.
Imports totalled nearly N$24.4 billion, down around 11.5% year-on-year.

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