News > Exports soar to $41.4 bn in Feb, trade deficit widens to $18.7 bn
Exports soar to $41.4 bn in Feb, trade deficit widens to $18.7 bn
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15/03/2024 06:48 PM | Click to read full article
The robust exports highlight the country's trade despite grappling with global uncertainties., the government data showed. Imports surged to $60.1 billion, reflecting a 12.16 per cent uptick from February 2023, indicating sustained domestic demand and economic activity. However, this surge in imports led to a trade deficit of $18.7 billion, stressing the delicate balance between meeting domestic demand and managing external trade dynamics.