INSUBCONTINENT EXCLUSIVE:
The country achieved a record trade surplus of $22.547 billion in the year ending October 2024
This figure, as per central bank data, represents more than just numbers on a page
This increase stems from a boom in exports, which reached $6.589 billion for the month
The 10.3% year-on-year growth in exports was largely driven by rising prices of key metals.Gold, zinc, and copper led the charge, with their
international prices climbing steadily
(Photo Internet reproduction)While export volumes dipped slightly, the higher prices more than made up for it
On the flip side, imports grew modestly to $4.775 billion, focusing on consumer and capital goods
It demonstrates how a country can leverage its natural resources to build economic resilience
