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June 30 (Bloomberg) -- Zambia’s trade surplus narrowed to 774.8 billion kwacha ($160 million) in May from 1.1 trillion kwacha a month earlier, the Central Statistics Office said.
Exports declined 4.2 percent to 3.4 trillion kwacha and imports rose 7.2 percent to 2.6 trillion kwacha, the Lusaka- based agency said in an e-mailed statement today.
Traditional exports, defined as “mainly metals,” dropped to 2.74 trillion kwacha, it said. The southern African country is Africa’s biggest copper producer.
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