The value of imports, meanwhile, was estimated at $30.65 billion—up by 4.2 per cent month on month (MoM) and 33.3 per cent YoY.
In January, total import and export value was estimated at $64.22 billion, posting an MoM increase of 5.5 per cent and a YoY growth of 37.7 per cent.
The export revenue target set by the ministry of industry and trade this year is 6 per cent higher, or $377 billion, with the trade surplus projected at $15 billion, according to domestic media reports.
The country’s total export revenue reached $355.5 billion last year, down by 4.4 per cent YoY.
ALCHEMPro News Desk (DS)
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