INSTAT says that exports in 2016 reached 22 billion ALL, 0.6 less than in July 2015 and 9.9% compared to June.
Imports of goods in July 2016 reached 50 billion ALL, 5% lower compared to July 2015, and 4.3% lower compared to June 2016.
The trade deficit of this month is 27 billion ALL, dropping with 8.3% compared to July 2015, and with 6.9% compared to June 2016.
The annual drop of exports with 0.6% was mainly influenced by minerals, fuels and electricity, which dropped with 5.8%. Other factors are “Construction materials and metals”, with 0.9%, “Wood and paper products”, with 0.6%.
“Textiles and shoes” have a positive impact, with 6.1% up. “Machineries and spare parts” have contributed with 0.5%. “Chemical and plastic products” have increased with 0.2%.
The 5% annual drop of imports for this month has been influenced mainly by “Construction Materials and Metals” with -4.8%, “Minerals, fuels, energy” with -2.9%, “Leather and its subproducts” with -0.03%.
“Textiles and shoes” have a positive annual change of imports, with 1%. “Machineries and spare parts” with 0.9%. “Food, drinks and cigarettes”, with 0.7%.
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