Import of goods totaled US$4.7 billion, exports of goods totaled US$4.5 billion and the trade deficit totaled US$0.2 billion
Data released last week by the Central Bureau of Statistics (CBS) show that in November 2009, import of goods totaled US$4.7 billion, exports of goods totaled US$4.5 billion and the trade deficit totaled US$0.2 billion.
The above is based on temporary data regarding goods that cleared Customs.
Main Trading Country Groups (in US million dollars) |
Imports |
Exports |
Trade Balance | |||
January-November |
January-November |
January-November | ||||
2009 |
2008 |
2009 |
2008 |
2009 |
2008 | |
Total |
42,592.9 |
60,982.6 |
42,909.5 |
57,414.6 |
316.6 |
-3,568.0 |
European Union |
15,669.1 |
20,932.1 |
11,041.1 |
16,670.3 |
-4,628.0 |
-4,261.8 |
U.S.A. |
5,260.6 |
7,472.4 |
15,129.4 |
18,663.0 |
9,868.8 |
11,190.6 |
Asia |
9,139.8 |
12,744.2 |
8,503.6 |
11,501.0 |
-636.2 |
-1,243.2 |
Other Countries |
12,523.4 |
19,833.9 |
8,235.4 |
10,580.3 |
-4,288.0 |
-9,253.6 |
Trade Balance: January-November 2009
The trade balance (excluding diamonds) shows a deficit of US$5.6 billion in January-November 2009 (US$13.4 billion in the same months of 2008). The trade balance (excluding diamonds) by main country groups shows a surplus of US$5.8 billion with USA, a deficit of US$4.7 billion with EU countries, a deficit of US$2.8 billion with Asian countries and a deficit of US$3.9 billion with Other Countries group.
Imports of goods
Import of goods (excluding diamonds), in current prices in U.S. dollars, totaled US$3.9B in November.
The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, point to a rise of import of goods (excluding diamonds) of 30.2%, at an annual rate, during September-November 2009.
Trend data by main country groups indicates that imports from EU countries point to a rise of 17.9%, at an annual rate, during September-November 2009. Imports from USA point to a drop of 10.5%, imports from Asia point to a rise of 28.3% and imports from Other Countries point to a rise of 61.5% during the last three months, at an annual rate.
Exports of goods
The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, point to a rise of export of goods (excluding diamonds) of 33.2%, at an annual rate, during September-November 2009.
Trend data by main country groups indicates that exports to USA point to a rise of 36.7%, at an annual rate, during September-November 2009. Exports to EU countries point to a rise of 28.7%, exports to Asia point to a rise of 60.5% and exports to Other Countries group point to a rise of 5.0% during the last three months