December 28, 2012, 8:05 pm
The trade deficit contracted by 2.1 percent year-on-year to US$ 8,582.9 million during the period January to November 2012, the Central Bank announced on Friday (28).
Cumulative export earnings during this period fell 6.6 percent to US$ 8,991.4 million while import expenditure fell 4.5 percent to US$ 17,574.3 million.
Tea export earnings fell 6.2 percent to US$ 1,273.6 million while apparels fell 4.6 percent to US$ 3,633.3 million.
The petroleum bill grew 8.5 percent year-on-year to US$ 4,672.5 million during the eleven month period.