Tue, 01 Aug 2017 09:48:33 +0000 By MAILESI BANDA ZAMBIA recorded a trade deficit of K335.2 million in June from K333.8 million recorded in May 2017, representing a 0.4 percent in the trade deficit, Central Statistics Office, director for census and statistics, John Kalumbi has said. Mr. Kalumbi explained that this meant that the country had imported more in the month of June compared to May. Speaking during the presentation of the monthly bulletin for the month of July he said, there had been a decrease of 1.8 percent in the total value of metal exports from about K4, 450 to K4, 40 million in June 2017. He said the overall contribution of metals and their products to the exports earnings in June and May averaged 75.6 percent. “Non traditional exports on the other hand have recorded an increase of 13.8 percent from K1, 300m in May to 1500 in June, the share of NTEs […]
June records trade deficit
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