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	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%