Trade surplus narrowed in 2018 on higher machinery imports

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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.

Editor's Comment
Happy Independence Day!

Independence Day holds immense significance for Batswana as a whole. It offers a moment for reflection and celebration of the country's achievements, while also prompting introspection.We must honestly assess whether the number of years of independence aligns with the progress we have made. While there is certainly much to celebrate, there are also pressing issues that require the attention of relevant stakeholders. Many Batswana are facing...

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