Deterioration of the trade balance in December 2019 : Orishas-finance

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Deterioration of the trade balance in December 2019

13/02/2020

Source : AllAfrica

Categories: General Information

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“This deterioration in the trade balance is explained by the strengthening of the deficit vis-à-vis Denmark
(-32.4 billion FCFA against -4.3 billion FCFA in the previous month) and the United Arab Emirates (-8.4
billion FCFA against -5.1 billion FCFA) and the deficit vis-à-vis Nigeria (-35.3 billion FCFA
against +0.7 billion FCFA)”, we explain.
However, the reduction in the deficit vis-à-vis China (-2.8 billion FCFA against -29.2 billion FCFA
previous month) and the Netherlands (-18.7 billion FCFA against -29.1 billion FCFA) reduced the
deterioration of the trade balance.
improved to stand at -2244.2 billion FCFA against -2246.3 billion FCFA for the period
corresponding in 2018.

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