The increase of the
trade deficit is the biggest concern for the country.
2 per cent, thus expanding the
trade deficit by 23.
had a $347 billion
trade deficit in goods with China in 2016, and Trump has previously laid the blame for the figure with his predecessors.
The higher
trade deficit is on an already higher base, as Pakistan had closed the last fiscal year at a record $32.
The increase in
trade deficit is putting further pressure on the foreign exchange reserves of the country.
Analysts believe rising
trade deficit is a serious challenge for the government.
This situation has further contributed to the depreciation of the Tunisian Dinar against major currencies," noted the BCT, before stressing that control of the
trade deficit remains largely dependent on the promotion of exports through the diversification of exported goods, the improvement of competitiveness as well as the conquest of new external markets, particularly those of sub-Saharan Africa and the Gulf countries.
The Observatory noted that "the IMF is putting pressure on the BCT, in order to lower the value of the dinar, in order to improve the competitiveness of exporters, a move that is likely to boost exports and consequently reduce
trade deficit in the medium term.
While the
trade deficit with China grew, there was improvement in other areas.
The
trade deficit for January-April 2016 was BGN 1.
The BCC's economic forecast sees earnings growth accelerating over the next three years, but youth unemployment remaining high and the
trade deficit - the shortfall between imports and exports - rising.
The US
trade deficit in March jumped to the highest level in more than six years as a small increase in exports was swamped by a flood of imports from autos to cellphones, AP reported.
