East Africa: Rwanda Trade Deficit With EAC Partners Widens

Rwanda's trade deficit with its EAC peers widened by $16 million (Rwf14 billion) in the first half of 2018, as the country opted for food and cement imports from the bloc to plug domestic production gaps.

According to new trade data from the National Bank of Rwanda, the trade deficit increased to $152.83 million (Rwf132.2 billion) from Rwf118.3 billion ($136.81 million) in the six-month period ending June 2018, attributed to increased imports of cement, maize, sorghum and rice from the region.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.