India

Guinea recorded a trade deficit of 1.2 tln francs in July, reversing a 2.26 tln surplus in June, according to official data. Exports rose to 12.2 tln francs, driven by bauxite, which accounted for 58% of shipments mainly to China and India. Imports climbed to 14 tln francs from 8.4 tln the prior month.