ISLAMABAD: Exports from the country increased by 9.66 percent during the month of December 2014 compared to the exports of November 2014, according to the latest data of Pakistan Bureau of Statistics (PBS).
Exports in December 2014 were recorded at $2.156 billion compared to the exports of $1.966 billion in November 2014, showing positive growth of 9.66 percent.
During the month the imports also increased by 6.31 percent and reached to $3.859 billion compared to the imports of $3.630 billion in November 2014.
Meanwhile, on year-on-year basis, the exports from the country decreased by 4.64 percent in December 2014 when compared to the exports of $2.261 billion in December 2013.
The imports into the country, however, increased by 8.37 percent in December 2014 when compared to the imports of $3.561 billion in December 2013, the PBS data revealed.
The overall exports during the first half of the current fiscal year decreased by 4.31 percent when compared to the same period of last year.
The exports in July-December (2014-15) were recorded at $12.073 billion compared to the exports of $12.617 billion in July-December (2013-14).
On the other hand, the imports into the country increased by 11.68 percent, going up from $21.671 billion in 2013-14 to $24.203 billion in the current fiscal year.
Based on the figures, the trade deficit duirng the first half of the current fiscal year increased by 33.97 percent when compared to the last fiscal year.
The trade deficit during July-December (2014-15) was recorded at $12.130 billion compared to the deficit of $9.054 billion in July-December (2013-14), showing growth of 33.97 percent, the data revealed.
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