Trade deficit widens by 38.27% MoM in October

18:00
November 1, 2023

November 01, 2023 (MLN): Pakistan's trade deficit for the month of October was $2.099 billion compared to a deficit of $1.518bn from the previous month, worsening by 38.27% MoM.

According to data released by the Pakistan Bureau of Statistics (PBS), the trade deficit compared to October 2022's deficit improved by 4.46% as it stood at $2.2bn.

Exports in October increased by 9.33% MoM to $2.71bn compared to $2.48bn in September 2023.

Similarly, compared to October 2022, exports increased by 13.55% YoY.

However, imports during the review month also rose by 20.33% MoM, clocking in at $4.81bn compared to $4bn in the previous month.

While compared to October 2022, imports increased by 4.91% YoY as it stood at $4.58bn.

On a cumulative basis, in 4MFY24, the trade deficit improved by 34.70% YoY to $7.42bn as compared to $11.36bn in 4MFY23.

	Oct-23	Sep-23	Aug-23	Jul-23	Jun-23	May-23
USD Million
Exports	2,707	2,476	2,366	2,068	2,356	2,200
Imports	4,806	3,994	4,528	3,705	4,219	4,328
Trade Deficit	-2,099	-1,518	-2,162	-1,637	-1,863	-2,128
MoM %
Exports	9.33%	4.65%	14.41%	-12.22%	7.09%	2.95%
Imports	20.33%	-11.79%	22.21%	-12.18%	-2.52%	44.41%
Trade Deficit	38.27%	-29.79%	32.07%	-12.13%	-12.45%	147.44%
YoY %
Exports	13.55%	1.23%	-4.67%	-8.25%	-19.26%	-16.22%
Imports	4.91%	-25.30%	-25.42%	-25.80%	-46.46%	-36.14%
Trade Deficit	4.46%	-47.67%	-39.76%	-40.23%	-62.45%	-48.74%

Copyright Mettis Link News

Posted on: 2023-11-01T17:46:00+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.35000	278.55000	278.55000	278.35000	03:02 PM
2	EUR	1.07055	1.07058	1.07058	1.07055	12:08 PM
3	GBP	1.25065	1.25070	1.25070	1.25065	12:08 PM
4	CHF	0.91170	0.91210	0.91210	0.91170	12:08 PM
5	JPY	153.86200	153.87200	153.87200	153.86200	12:08 PM
6	CAD	1.36955	1.36961	1.36961	1.36955	12:08 PM
7	AUD	0.65458	0.65464	0.65461	0.65458	12:08 PM
8	INR	83.42100	83.43600	83.43600	83.42100	12:08 PM
9	SAR	3.75050	3.75070	3.75070	3.75050	09:08 PM
10	AED	3.67280	3.67300	3.67300	3.67280	09:08 PM
11	HKD	7.81600	7.81610	7.81610	7.81600	12:08 PM
12	CNH	7.22256	7.22273	7.22273	7.22256	12:08 PM
13	CNY	7.24010	7.24210	7.24210	7.24010	08:21 PM
14	THB	36.84000	36.91600	36.91600	36.84000	12:08 PM
15	MYR	4.75200	4.75700	4.75700	4.75200	05:27 AM
16	IDR	16,108.90000	16,117.00000	16,117.00000	16,108.90000	12:08 PM
17	SGD	1.35701	1.35712	1.35712	1.35701	12:08 PM
18	NZD	0.59409	0.59420	0.59420	0.59409	12:08 PM
19	MXN	16.93140	16.93640	16.93638	16.93138	12:08 PM
20	TRY	32.36890	32.37890	32.37890	32.36890	12:08 PM
21	SEK	10.89430	10.89720	10.89721	10.89429	12:08 PM
22	ZAR	18.60920	18.61670	18.61666	18.60916	12:08 PM
23	NOK	11.03190	11.03770	11.03773	11.03188	12:08 PM
24	DKK	6.96630	6.96730	6.96730	6.96630	12:08 PM
25	ARS	878.24600	878.25400	878.25419	878.24579	12:08 PM
26	BDT	108.10500	111.46900	111.46882	108.10457	07:19 AM
27	BHD	0.37700	0.37710	0.37710	0.37700	07:02 PM
28	BRL	5.11130	5.11430	5.11430	5.11130	12:08 PM
29	KRW	1,370.01000	1,370.44000	1,370.44000	1,370.01000	12:08 PM
30	KWD	0.30750	0.30810	0.30810	0.30750	08:49 PM
31	LKR	293.91800	300.45900	300.45931	293.91783	07:19 AM
32	OMR	0.38490	0.38505	0.38505	0.38490	07:42 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	09:08 PM
34	RUB	93.26000	93.76000	93.76000	93.26000	11:47 AM
35	AFN	70.00000	73.00000	73.00000	70.00000	11:44 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:26 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	14.93000	14.97000	14.97000	14.93000	11:47 AM
39	UZS	12,602.90000	12,668.30000	12,668.27092	12,602.85494	07:19 AM
40	PHP	57.47100	57.50000	57.50000	57.47100	12:08 PM
42	NGN	1,372.45000	1,373.45000	1,373.45000	1,372.45000	11:47 AM
43	KES	134.00000	136.00000	136.00000	134.00000	11:47 AM
44	AMD	387.63000	387.63000	387.63000	387.63000	08:28 AM
45	TWD	32.40380	32.43380	32.43380	32.40380	12:08 PM
46	XAU	2,299.66000	2,300.05000	2,300.05000	2,299.66000	12:07 PM
47	XAG	26.54580	26.55280	26.55280	26.54580	12:07 PM
48	XPT	951.30000	956.73200	956.73200	951.30000	09:08 PM
49	XPD	931.20000	936.20000	936.20000	931.20000	09:08 PM
2,120	VES	36.38180	36.47310	36.47306	36.38182	08:00 PM
2,212	UGX	3,758.62000	3,842.72000	3,842.72130	3,758.61505	07:19 AM
2,213	TZS	2,590.99000	2,591.01000	2,591.01500	2,590.98500	08:00 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,292.83	70,657.641	70,562.12	-444.906	-0.626	225,619,410.0	11,798,164,426.590	02/05/2024 04:12 PM
ALLSHR	46,626.66	46,150.314	46,073.36	-403.924	-0.868	436,816,041.0	19,022,397,756.680	02/05/2024 04:12 PM
KSE30	23,455.24	23,234.081	23,212.77	-160.579	-0.686	79,055,719.0	8,678,222,377.000	02/05/2024 04:12 PM
KMI30	120,178.80	118,759.788	118,657.73	-685.009	-0.574	93,887,074.0	7,511,292,824.070	02/05/2024 04:12 PM
KMIALLSHR	33,407.15	33,049.283	33,014.12	-223.106	-0.671	264,217,816.0	14,805,572,322.210	02/05/2024 04:12 PM
BKTi	17,599.66	17,553.510	17,493.12	-85.775	-0.486	17,849,327.0	1,410,481,198.310	02/05/2024 04:12 PM
OGTi	16,944.38	16,761.298	16,680.86	-23.848	-0.142	17,193,523.0	2,461,028,371.020	02/05/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	59,700.0	59,940.0	57,265.0	2,345.00
BRENT CRUDE	EB	83.2	84.4	83.1	-0.28
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-3.70
ROTTERDAM COAL MONTHLY	ET	108.0	108.0	106.0	0.90
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	78.5	79.9	78.4	-0.51
SUGAR #11 WORLD	SB	19.2	19.5	19.1	-0.01

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