Exports increased to 31.4 billion USD, from 29.3 billion USD in the same month last year. Oil exports accounted for USD 4.04 billion, down by 11.7 percent year-on-year. Non-oil exports increased 10.7 percent yoy, mainly due to a 23 percent increase in automotive sales.
Non-oil exports to the United States increased 14 percent yoy while shipments to the rest of the world shrank by 0.5 percent.
Imports rose 5.7 percent year-on-year to 30.7 billion USD. Imports of consumer goods rose 10 percent while those of capital goods decreased 3.2 percent.