Trade balance
The deficit in the balance of formal trade in goods was US$ 232.13 million in April 2025, a decrease of 13.13 percent compared to the previous month of March 2025. Year-to-year, the formal trade in goods deficit decreased by 10.43 percent on the deficit of April 2024.
Imports
In April 2025 imports value decreased by 9.41 per cent compared to March 2025 and by 18.22 per cent compared to April 2024.
TABLE: Total Imports of Goods by S.I.T.C Sections in April 2025
| SITC SECTION/DESCRIPTION | Percentage Increase/Decrease | ||
Apr2025/Mar2025 | Apr2025/Apr2024 | ||
| 0 - Food and live animals | 2.39% | -1.98% | |
| 1 - Beverages and tobacco | -12.87% | 3.66% | |
| 2 - Crudematerials, inedible, exceptfuels | 55.83% | 31.77% | |
| 3 - Mineral fuels,lubricants and related materials | -15.10% | -22.45% | |
| 4 - Animals and vegetable oils,fats & waxes | 252.61% | 29.14% | |
| 5 - Chemicals &related products, n.e.s. | -9.93% | 11.23% | |
6 - Manufactured goods classified chiefly by material | -8.90% | 8.89% | |
| 7 - Machinery and transport equipment | -16.24% | -19.63% | |
| 8 - Miscellaneous manufactured articles | 1.79% | 33.26% | |
| 9 - Other commodities & transactions, n.e.s | -100.00% | -100.00% | |
| Total Imports | -9.41% | -18.22% | |
Exports
In April 2025 domestic exports value decreased by 1.69 per cent compared to March 2025 and by 33.04 per cent compared to April 2024.
TABLE: Total domestic exports of Goods by S.I.T.C Sections in April 2025
| SITC SECTION/DESCRIPTION | Percentage Increase/Decrease | ||
Apr2025/Mar2025 | Apr2025/Apr2024 | ||
| 0 - Food and live animals | 5.42% | 5.41% | |
| 1 - Beverages and tobacco | -23.90% | 3898.80% | |
| 2 - Crude materials, inedible, except fuels | -3.15% | 21.23% | |
| 3 - Mineralfuels, lubricants andrelated materials | 49.68% | -20.97% | |
| 4 - Animals and vegetable oils,fats & waxes | 47.11% | 969.68% | |
| 5 - Chemicals &related products, n.e.s. | -26.24% | 3.30% | |
6 - Manufactured goodsclassified chiefly by material | 10.84% | 16.75% | |
| 7 - Machinery and transport equipment | 46.37% | 324.33% | |
| 8 - Miscellaneous manufactured articles | -18.51% | 2.17% | |
| 9 - Other commodities & transactions, n.e.s | -15.55% | -69.83% | |
| Total Domestic Exports | -1.69% | -33.04% | |