Pakistan's trade deficit widens 19.7% YoY in July

News Image

By MG News | August 01, 2024 at 09:24 PM GMT+05:00

0:00

August 01, 2024 (MLN): Pakistan's trade deficit in July 2024 has increased by 19.7% YoY to $1.95bn as compared to a deficit of $1.63bn recorded in the same month last year, according to data released by the Pakistan Bureau of Statistics (PBS).

On a monthly basis, the trade deficit has narrowed 19.0% compared to a deficit of $2.41 billion recorded in June 2024.

Exports in July rose 11.8% to $2.31bn compared to $2.06bn in July 2023.

On a monthly basis, exports have decreased by 9.8% compared to the $2.56bn figure reported in June 2024.

The country's expenditure on imports increased by 15.3% to $4.26bn compared to $3.69bn from a year ago.

Meanwhile, compared to June 2024, imports declined by 14.3% compared to $4.96bn in June.

USD Million Jul 24 Jul 23 YoY % Jun 24 MoM %
Exports 2,308 2,064 11.8% 2,558 -9.8%
Imports 4,256 3,691 15.3% 4,964 -14.3%
Trade Balance -1,948 -1,627 19.7% -2,406 -19.0%

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 133,685.77
154.24M
0.24%
315.63
ALLSHR 83,372.24
534.10M
0.35%
291.09
KSE30 40,772.07
57.75M
0.16%
66.77
KMI30 192,744.52
65.79M
0.09%
163.84
KMIALLSHR 55,968.80
310.78M
0.24%
133.09
BKTi 36,486.02
9.52M
0.46%
168.85
OGTi 28,597.35
6.75M
0.19%
54.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,705.00 108,880.00
107,680.00
250.00
0.23%
BRENT CRUDE 69.35 69.50
69.03
-0.23
-0.33%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.90
3.07%
ROTTERDAM COAL MONTHLY 106.00 106.75
106.00
0.25
0.24%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.63 67.97
67.40
-0.30
-0.44%
SUGAR #11 WORLD 16.25 16.46
16.07
-0.13
-0.79%

Chart of the Day


Latest News
July 08, 2025 at 12:04 PM GMT+05:00

Saudi Riyal available at PKR 76.4 in open market


July 08, 2025 at 11:55 AM GMT+05:00

NBP leads Pakistan’s banks in shareholder value surge


July 08, 2025 at 11:39 AM GMT+05:00

Pakistan-Afghanistan railway talks progress


July 08, 2025 at 10:42 AM GMT+05:00

Pakistan moves to regulate crypto with PVARA approval



Top 5 things to watch in this week

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