January 2024 records a Trade Surplus
The country recorded a trade Surplus of K1.9 billion in January 2024 compared to a Surplus of K0.7 billion in December 2023 (see Table 10).
Exports mainly comprising domestically produced goods, increased by 3.1 percent to K21.7 billion in January 2024 from K21.1 billion in December 2023. This was mainly on account of 27.0, 23.3, and 111.4 percent increases in export earnings from Raw materials, Consumer goods and Capital goods, respectively (see Table 2.2 in Annex).
Imports decreased by 2.9 percent to K19.8 billion in January 2024 from K20.4 billion in December 2023. This was mainly as a result of a 10.2 and 2.7 percent decrease in import bills of Consumer goods and Intermediate goods, respectively (see Table 2.5 in Annex).
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