The car imports bill decreased to USD 768 million during the first seven months of 2016 against USD 2.4 billion during the same period in 2015, i.e. a drop by USD 1.63 billion (-68%), Customs told APS.
As for imported quantities, they decreased by 73.74% with 53,356 imported cars between early January and late July 2016 against 203.174 cars during the same period in 2015, i.e. 149,818 cars less, the Customs’ National Statistics Center (CNIS) said.
As for spare parts and accessories, the import bill hit USD 229.92 million against USD 239.48 million (-4%), the source stated.
In May 2016, car import licenses were granted to 40 car dealers out of 80 applicants.
Initially set at 152,000 for 2016, the car import contingent was reduced to 83,000 units.
–
Credit: All Africa