Trade deficit decreases by 41.16% YoY in July

MG News | August 01, 2023 at 06:19 PM GMT+05:00

0:00

August 01, 2023 (MLN): Pakistan's trade deficit for the month of July was $1.607 billion compared to a deficit of $1.863bn from the previous month, marking an improvement of 13.74% MoM.

According to data released by the Pakistan Bureau of Statistics (PBS), the trade deficit compared to July 2022's deficit improved by 41.16% as it stood at $2.73bn.

Exports in the month of July decreased by 12.68% to $2.06bn compared to $2.36bn in June 2023.

Similarly, compared to June 2022, exports decreased by 8.57%.

Imports in July 2023 decreased by 13.15%, clocking in at $3.66bn compared to $4.22bn in June 2023.

Similarly, compared to July 2022, imports decreased by 26.44%.

Copyright Mettis Link News

Related News

Govt advances reform agenda

OMO Result : SBP injects Rs 2.66 Trillion for 7 Days

Weekly SPI increases by 4.07%

Name	Price/Vol	%Chg/NChg
KSE100	139,207.29 190.96M	0.37% 514.62
ALLSHR	86,176.93 633.30M	0.45% 382.41
KSE30	42,602.85 57.43M	0.44% 187.98
KMI30	196,319.50 101.82M	0.67% 1305.65
KMIALLSHR	56,861.96 298.63M	0.47% 267.27
BKTi	38,060.31 12.30M	0.37% 140.31
OGTi	27,803.49 5.74M	0.12% 34.24

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,295.00	119,880.00 115,675.00	-1815.00 -1.51%
BRENT CRUDE	68.39	69.86 68.31	-0.79 -1.14%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
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	65.07	66.74 65.00	-0.96 -1.45%
SUGAR #11 WORLD	16.28	16.64 16.23	-0.29 -1.75%