Trade Deficit widens by 30% to reach $ 9.1 Billion during July – September

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MG News | October 11, 2017 at 06:19 PM GMT+05:00

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According to data released by Pakistan Bureau of Statistics, Pakistan's Exports during July to September rose by 11% to reach $5.17 billion. On the flip side, Pakistan's imports were nearly double of the exports during July to September rising by 22% to reach $14.2 billion. 

Month Wise Trade - 2017 (USD Million)
Indicators Sep, 2017 Aug, 2017 Jul, 2017 Jun, 2017 May, 2017 April, 2017
Trade Balance -2,798.00 -3,086.00 -3,204.00 -2,622.00 -3,465.00 -3,193.00
Exports 1,675.00 1,866.00 1,631.00 1,912.00 1,627.00 1,805.00
Imports 4,473.00 4,952.00 4,835.00 4,534.00 5,092.00 4,998.00

Accoridng to the new data, Trade Deficit during July to September has widened by 29.7% to $9.1 billion.

During the month of September, Exports rose 8.9% to $1.6 billion whereas, Imports almost double to reach $4.4 billion; an increase of16.7%.

Trade deficit during the month of September widened by 22% to $2.79 billion

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