July exports up 7.3%

THIS INCREASE WAS in large part due to the increase in prices of crude oil as geopolitical pressures mounted.

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Electronics goods was another high value import growing at 12.78% to $9.8 billion in July. Machinery imports increased 19.98% to $5.36 billion. Imports of pearls and precious and semi-precious stones were up 28.62% to $1.74 billion. Imports of minerals and ores were up 41.82% to $1.18 billion. Silver imports jumped 436% to $506 million while gold imports increased 13.83% to $3.96 billion.