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Daily FT
|August 01, 2025
Imports grew by 12.5% year-on-year (YoY) to $ 9.76 billion, compared to $ 8.68 billion a year earlier.
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As a result, the merchandise trade deficit widened from §$ 2.54 billion to $ 3.27 billion, marking a 28.7% increase.
In June alone, imports amounted to $ 1.68 billion, up 16.3% YoY, while exports for the month stood at $ 1.14 billion. The monthly trade deficit in June 2025 reached $ 540 million, considerably higher than the $370 million deficit in the same month in 2024.
The CBSL added that vehicle imports also saw a notable rise. In June alone, imports of both personal and commercial vehicles amounted to $ 163 million, bringing the cumulative total for the first half of the year to $ 475 million.
This story is from the August 01, 2025 edition of Daily FT.
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