Cameroon: Trade balance deficit surged to nearly CFA1,000bn in H1 2018
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Comments - Tuesday, 13 November 2018 14:39
(Business in Cameroon) - During the first half this year, Cameroon’s trade balance deficit peaked at CFA818.1 billion compared to CFA380 billion the same period last year, a report from the national statistical institute (INS) said.
The document revealed that this gap increase by CFA437.7 billion (+115.1%) is the consequence of a rise in imports (+20.8% in value and 27.2% in volume) while exports dropped by 16.8% in value and 24.7% in volume over the period under review.
BRM
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