External Trade

What the latest data shows

Goods imports rose to USD 426.7 million in April 2026, an increase of 14.5% from March and 42.0% from April 2025. April was the highest monthly import value in the supplied series, which begins in January 2004.

Exports were USD 53.8 million. This was 4.4% lower than in March, but 26.3% higher than a year earlier. As imports grew considerably faster than exports, the monthly trade deficit widened to a series high of USD 372.9 million.

Exports covered 12.6% of the value of imports in April, down 2.5 percentage points from March. Across January to April, imports reached USD 1.47 billion and exports reached USD 203.8 million, producing a cumulative deficit of USD 1.27 billion.

Definitions and calculations

The two source series provide monthly imports and exports of goods in US dollars. CM can calculate the trade balance, trade deficit and export-coverage ratio from these two series without altering the original values.

What this dataset cannot show

The two headline series are useful for monitoring the scale and direction of goods trade, but they are not enough for detailed analysis.