Rwanda's trade deficit falls by 26pc after exports increase, says central bank
The National Bank of Rwanda. The bank said that the gap between imports and exports is proportionately still wide, with exports exceeding the net imports. Photo/File
Increased exports saw Rwanda’s trade deficit drop in the first half of this year compared with last year, the central bank has reported.
Total exports from January to May this year grew by 26 per cent to 128.07 tonnes from 101.54 tonnes in same period last year. This also led to an increased value of import receipts to $881 million in the first half of this year up from $863 million.
