Trade clearly heading downwards

Despite a trade surplus of $470,000 being posted from October 1 to October 15, total trade value was down 12.6 per cent in the period compared to September. Such results show that, as the end of the year approaches, signs of decelerating trade are becoming clearer in the context of rising inflation in most countries around the world. The Ministry of Industry and Trade is implementing a number of solutions to reach the trade target of over $750 billion in 2022 and to keep trade in surplus.