26 May 2015

Trade surplus for April

4:23 pm on 26 May 2015

The country has recorded a better than expected trade surplus, despite falling exports.

Official figures show a surplus of $123 million in April.

Exports fell by 5.5 percent to $4.2 billion, due to lower prices and quantities of dairy products like milk powder, butter and cheese.

Imports rose by 2.6 percent to $4 billion.

The annual trade deficit widened to $2.6 billion, the largest in nearly six years.

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