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Pakistan’s July – November Trade Deficit at $ 15 billion

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According to latest PBS data, total balance of trade deficit during the months of July – November 2017 $ -15.030 billion against -11.691 billion in July – November 2016. Pakistan’s trade cumulative trade deficit for 1Q ’17 increased by a sum of 28.56%

On the other hand, month on month deficit decreased by 3.85%, going down from 320 million to 307 million as a result an increase of 86 million in exports coupled with a decrease of 31 million in import value to clock in at 4,898 in November, FY ’17 vs. 4,929 in October, FY ’17.

Month on Month Trade Data – PBS

Series

November, 2017

October, 2017

% Change in November, 2017 over October, 2017

 

Rs.

$

Rs.

$

Rs.

$

Exports

208,036

1,974

198,911

1,888

4.59

4.56

Imports

516,015

4,898

519,189

4,929

-0.61

-0.63

Balance of Trade

-307,979

-2,924

-320,278

-3,041

-3.84

-3.85

Posted on: 2017-12-11T17:51:00+05:00