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Cape Verde’s trade deficit worsens by 217.5 million euros

According to the quarterly report on foreign trade statistics from Cape Verde's National Statistics Institute (INE), this performance was aggravated by the increase in imports, which grew 31.2% from April to June this year to 24,393 million escudos (229.5 million euros).

Exports fell 1.4% in the second quarter, year-on-year, to PTE 1,275 million (12 million euros), while re-exports grew 76.4%, to PTE 8,361 million (78.6 million euros).

With this performance, Cape Verde's trade balance was again negative in the second quarter, at 23,117 million escudos (217 . . .

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