Exports fall 2.5% in September, trade deficit narrows

The country's exports dipped by 2.5% in September to $34.5 billion and the trade deficit narrowed to $19.3 billion, official data released on Friday showed. The data showed imports contracted 15.1% in September to $53.8 billion from $63.4 billion in the year earlier month. The country's overall exports (merchandise and services combined) in September were estimated at $63.8 billion, exhibiting a contraction of 1.2% compared to September 2022.

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