The country's trade deficit - the difference between merchandise imports and exports - zipped to US$3.3 billion during the period January to July this year.
Imports dipped by 2% to US$4.35 billion, while exports tumbled by 9.8% to US$1.09 billion.
Oil accounted for $1.2 billion or 28% of total imports; while raw materials and intermediate goods accounted for 1.18 billion US or 27%.
Over the review period, the country spent $1.13 billion or 26% on imports of food and consumer goods.
Imports of capital goods were valued at US$492.8 million while imports of transport equipment were valued at US$348.7 million or 8% of total imports.
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