Meanwhile, the volume of goods imported was up by 3.6 per cent YoY. This was mainly because more chemical and pharmaceutical products, electrical and transport equipment were imported.
The CBS Exports Radar for March indicates that conditions for exports have become less unfavourable than they were in January’s radar. This was mainly because the YoY change in real exchange rates was more favourable and manufacturers in Germany and the euro area were less negative.
Goods exports account for approximately three-quarters of total exports in the country.
ALCHEMPro News Desk (DS)
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