The region’s total trade in goods in November 2019 declined to $102.99 million from $109.04 million in the same period in 2018, a slight decrease by 5.54 percent.
Total value of exports amounted to $96.09 million, more than two – folds (179.00 percent) of the $34.44 million exports in November 2018. Total value of imports, meanwhile, significantly decreased by 90.75 percent, from $74.60 million imports in November 2018 to $6.90 million in November 2019.
Consequently, the region posted an $89.19 million surplus in the total Balance of Trade in Goods (BoT-G) in November 2019 in contrast with the $40.16 million trade deficit in November 2018 (Table 1).
The region’s total volume of exports in November 2019 was posted at 125.68 million kilograms valued at $96.09 million.
The commodity group of copper and articles thereof was the major export during the month in review with total revenue of $85.45 million. This accounted for 88.92 percent of the region’s total export revenue in November 2019.