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Article: Belarussian trade deficit shrinks 70% in Q1.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- April 28, 2008
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Belarussian trade deficit shrinks 70% in Q1
MINSK. April 28 (Interfax) - Belarus' foreign trade deficit narrowed by 69% in the first quarter of 2008, to $170 million from $547.5 million in the same period a year earlier, the Economics Ministry estimates in a foreign trade assessment obtained by Interfax.
The ministry estimates that the visible trade deficit shrank to $640 million in the quarter from $836.4 million a year earlier, while the invisible trade surplus widened to $470 million from $290 million.
Visible exports jumped 65.5% in the quarter while imports increased by 54%, the ministry reckons.
The rapid growth of exports and ...