Trade surplus narrowed in 2018 on higher machinery imports

Thursday, March 07, 2019

The country recorded a P910 million surplus in the trade of merchandise goods for 2018, a fall from a P6.1 billion surplus in 2017.

The merchandise trade balance is the difference between the value of imported goods and exported goods.

The country has enjoyed annual surpluses dating back to 2014. Prior to that, an intensive power and water development drive swelled imports, leading to a series of trade deficits, including the peak in 2012 at P16.3 billion.

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Trade surplus narrowed in 2018 on higher machinery imports

The country recorded a P910 million surplus in the trade of merchandise goods for 2018, a fall from a P6.1 billion surplus in 2017.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!