Merchandise trade data which the Namibia Statistics Agency released yesterday, show that the country sold apples worth N$300 000 in July, indicating a trade deficit.
The data shows that both exports and imports decreased in July.
“During July 2024, Namibia’s export earnings recorded a decrease of 23,5% from N$13 billion recorded in June 2024. Moreover, the import bill for the month under review decreased by 12,2% from N$13,7 billion recorded during the preceding month,” the report says.
This means…
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