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FOREIGN TRADE
Niger has experienced both trade deficit as well as balance of payment deficit over the years.
Major exportable commodities of Niger are livestock products, onions and Uranium ore. Its exports partners are Japan, France and Greece.
Important Importable commodities are machinery, primary materials, and petroleum and vehicle parts. Their imports partners are US, Niger and Benelux.
Levels of exports and imports of the country are as follows:
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Country's overall exports and imports scenario is as follows:
| Foreign Trade |
2000 |
2003 |
2004 |
| Merchandise trade (% of GDP) |
37.6 |
30.4 |
30.2 |
| Net barter terms of trade (2000 = 100) |
100.0 |
107.4 |
130.7 |
| Foreign direct investment, net inflows (BoP, current US$) |
8.0 million |
15.0 million |
0.0 |
| Long-term debt (DOD, current US$) |
1.5 billion |
1.9 billion |
1.8 billion |
| Exports of goods and services (% of GDP) |
17.8 |
16.0 |
15.9 |
| Imports of goods and services (% of GDP) |
25.7 |
25.2 |
25.8 |
CONCLUSION
The country joined the World Bank in 1963. Since then the bank has stepped forward for reducing poverty and maintaining higher economic growth.
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