Pakistan’s Trade Deficit during July – January FY ’18 widens to 21.5 billion

News Image

MG News | February 09, 2018 at 01:01 PM GMT+05:00

0:00

According to latest PBS data, total balance of trade deficit during the months of July– January FY ‘18 stood at $ -21.546 billion against -17.351 billion during July – January FY ‘17; a rise of 24.18% during the period. Imports for the cumulative period increased by 18.92% reaching a total sum of $ 34.512 billion despite Government’s efforts to reduce imports. However, during the cumulative period exports jumped by 13.19% to reach $ 12.966 billion vs. $ 11.67 billion last year.

Month on month exports during January fell by 0.30% to clock in at $ 1.971 billion against $ 1.977 billion during December, 2017. However, the imports took a spike upward by 14.20% to reach a sum of $ 5.607 billion. The SRO imposed by Government during the month of October last year yielded no positive results to curb the imports.

(U.S. Dollar in Million) (Rupees in Million)

Month on Month Trade Data - PBS

Series

January, 2018

December, 2017

% Change in January, 2018 over December, 2017

 

Rs.

$

Rs.

$

Rs.

$

Exports

217,588

1,971

214877

1977

1.26

-0.30

Imports

618,979

5,607

533,670

4,910

15.99

14.20

Balance of Trade

-401,391

-3,636

-318,793

-2,933

25.91

23.97

\"\"

(U.S. Dollar in Million) (Rupees in Million)

Cumulative (July – January, 2017 – 2018) Trade Data

Series

July – January 2017 – 2018

July – January 2016 – 2017

% Change in July – January 2017 – 2018 over July – January 2016 – 2017

 

Rs.

$

Rs.

$

Rs.

$

Exports

1,382,541

12,966

1,221,408

11,670

13.19

11.11

Imports

3,680,682

34,512

3,037,456

29,021

21.18

18.92

Balance of Trade

-2,298,141

-21,546

-1,816,048

-17,351

26.55

24.18

 

Related News

Name Price/Vol %Chg/NChg
KSE100 138,757.02
212.76M
0.07%
91.52
ALLSHR 85,435.34
507.17M
-0.31%
-264.17
KSE30 42,360.56
65.17M
0.02%
7.42
KMI30 193,711.83
62.49M
-0.75%
-1470.20
KMIALLSHR 56,083.15
251.88M
-0.54%
-306.00
BKTi 38,133.70
14.01M
-0.75%
-289.28
OGTi 27,526.34
5.55M
-0.69%
-191.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,210.00 121,165.00
118,705.00
-80.00
-0.07%
BRENT CRUDE 70.09 70.40
69.41
0.57
0.82%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
0.95
0.99%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.85 67.16
66.12
0.62
0.94%
SUGAR #11 WORLD 16.82 16.87
16.71
0.08
0.48%

Chart of the Day


Latest News
July 18, 2025 at 03:46 PM GMT+05:00

PKR gains 10 paisa against USD


July 18, 2025 at 03:28 PM GMT+05:00

Ferry Service to launch from Gwadar to key Gulf areas


July 18, 2025 at 03:13 PM GMT+05:00

Service sector trade deficit clocks in at $126m


July 18, 2025 at 03:03 PM GMT+05:00

Foreign currency deposits increase $52m in June



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg