The country’s exports will rise, and imports will decline in Q2, according to the Ministry of Trade.
The Export Expectation Index stood at 114.9 in Q1. The index rose by 20.9 points compared to the same period of the previous year. Expectations regarding exports and export orders for the next three months, the current level of registered export orders was effective in the increase in the index, while evaluations regarding the export order level for the next three months adversely affected the index.
The Import Expectation Index declined by 1.2 points to 111.6 for Q2, compared to Q1, which rose by 13.4 points compared the same quarter of the previous year. Expectations regarding imports and import orders for the next three months and the current level of registered import orders was effective in the increase in the index, while the export order level for the next three months had an adverse impact on the index.
