Pakistan exports during July to October rises by 10 percent

According to latest reports, exports during the July – October period amounted to 7 billion dollars; an increase of 10% from same period last year (6.41 billion dollar). According to PBS monthly summary, total exports in October 2017 rose by 8 percent to $1.88 billion against October, 2016 amount of 1.75 billion.

On the other hand, Imports during July – October rose with a significant margin rising by 22.55%. Imports during July to October amounted to 19.18 billion dollars.

With the recent data, trade deficit during July to October has widened by 31 percent. Trade deficit during the first four months of fiscal year amounted to $12.12 billion vs $9.2 billion.