Trade deficit widens to $2.44bn in Dec'24

MG News | January 01, 2025 at 06:13 PM GMT+05:00

0:00

January 01, 2024 (MLN): Pakistan's trade deficit in December 2024 increased notably by 34.8%, standing at $2.44 billion compared to $1.81bn, according to data released by the Pakistan Bureau of Statistics (PBS).

On a month-on-month (MoM) basis, the deficit widened by 46.61%, compared to $1.66bn in November 2024.

The deficit widened due to a 14% YoY surge in imports and a 17.44% MoM increase, reaching $5.28bn in December 2024.

Exports remained relatively stable at $2.84bn in December 2024.

Cumulatively, in the first six months of the fiscal year 2024-25, the trade deficit remained largely unchanged, with a meagre increase of 0.18%, rising to $11.17bn compared to $11.15bn in 6MFY24.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	174,919.98 58.97M	0.27% 466.04
ALLSHR	105,206.74 113.20M	0.22% 235.49
KSE30	53,312.16 17.32M	0.21% 113.63
KMI30	246,933.10 15.12M	0.23% 554.32
KMIALLSHR	67,700.62 61.11M	0.14% 93.95
BKTi	50,103.69 9.24M	0.29% 147.18
OGTi	34,307.25 2.05M	0.47% 158.79

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	68,520.00	70,170.00 67,325.00	-315.00 -0.46%
BRENT CRUDE	68.32	68.62 68.29	-0.33 -0.48%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-2.25 -2.29%
ROTTERDAM COAL MONTHLY	105.05	105.05 105.05	0.20 0.19%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	63.48	63.87 62.49	0.59 0.94%
SUGAR #11 WORLD	13.55	13.57 13.42	0.07 0.52%