The trade deficit experienced by Namibia during the first quarter of 2015 decreased by 22.8% when compared to the same period in 2014 due to the decline in the overall import expenditure and the increase in exports.
Speaking at a media briefing yesterday, Namibia Statistics Agency (NSA) Senior Statistician, Elijah Sashimi said the trade deficit declined from N$20.6 billion during the first quarter of 2014 to N$19.4 billion during the same period in 2015.
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