US
Increases $115m as imports surge and exports contract
Trade deficit narrows on back of contraction in imports
Decline due to dip in imports, sharp improvement in exports
Exports fall 8.5% in March as global trade slows down
Dip came due to import compression amid signs of weakening export growth
Unless savings rate is increased, country is likely to remain in debt trap
Move to support manufacturing sector by easing restrictions
Contraction due to compression of imports as export growth remains tepid
Better productive capacity, credible local brands can help reduce reliance on foreign products
Import-export gap stands at $7.77b which is in line with market expectations