Lebanon’s trade deficit falls by $2.75 percent

Published September 15th, 2003 - 02:00 GMT
Al Bawaba
Al Bawaba

Lebanon recorded a $3.04 billion trade deficit for the first seven months of 2003, down $86 million, or 2.75 percent from the same period last year, reported Saradar Investment House

 

Imports totaled approximately $3.85 billion from January to July, a 4.1 percent increase compared to the same period last year. Exports totaled $810 million, up 29.4 percent during the same period. 

 

Italy was Lebanon’s largest import supplier, followed by France, Germany, China and the United States. The country’s main export destination was Switzerland, followed by the United Arab Emirates (UAE) and Saudi Arabia. — (menareport.com) 

© 2003 Mena Report (www.menareport.com)