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	163,304.13 424.61M	-0.78% -1286.28
ALLSHR	99,380.97 1,038.42M	-0.94% -946.44
KSE30	49,842.51 138.16M	-0.73% -367.30
KMI30	238,104.17 78.33M	-0.14% -327.97
KMIALLSHR	65,590.95 485.77M	-0.66% -435.42
BKTi	45,705.29 72.87M	-2.08% -972.73
OGTi	32,671.23 13.00M	-0.23% -74.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,990.00	112,355.00 109,820.00	570.00 0.52%
BRENT CRUDE	65.69	66.78 65.41	-0.30 -0.45%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.05 -1.29%
ROTTERDAM COAL MONTHLY	92.60	0.00 0.00	0.10 0.11%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	61.44	62.59 61.21	-0.35 -0.57%
SUGAR #11 WORLD	14.97	15.34 14.93	-0.32 -2.09%