AVN 49.16 Decreased By ▼ -1.69 (-3.32%)
BAFL 28.59 Decreased By ▼ -0.27 (-0.94%)
BOP 3.64 Decreased By ▼ -0.06 (-1.62%)
CNERGY 3.26 Decreased By ▼ -0.05 (-1.51%)
DFML 10.78 Decreased By ▼ -0.22 (-2%)
DGKC 52.03 Decreased By ▼ -1.09 (-2.05%)
EPCL 43.62 Decreased By ▼ -0.39 (-0.89%)
FCCL 12.47 Decreased By ▼ -0.13 (-1.03%)
FFL 6.19 Decreased By ▼ -0.08 (-1.28%)
FLYNG 5.95 Decreased By ▼ -0.13 (-2.14%)
GGL 10.32 Decreased By ▼ -0.38 (-3.55%)
HUBC 68.66 Decreased By ▼ -0.04 (-0.06%)
HUMNL 5.81 Decreased By ▼ -0.19 (-3.17%)
KAPCO 22.61 Decreased By ▼ -0.29 (-1.27%)
KEL 1.83 Decreased By ▼ -0.03 (-1.61%)
LOTCHEM 28.98 Decreased By ▼ -0.54 (-1.83%)
MLCF 28.57 Decreased By ▼ -0.38 (-1.31%)
NETSOL 76.79 Decreased By ▼ -3.54 (-4.41%)
OGDC 78.62 Decreased By ▼ -0.28 (-0.35%)
PAEL 9.72 Decreased By ▼ -0.18 (-1.82%)
PIBTL 4.19 Decreased By ▼ -0.14 (-3.23%)
PPL 60.54 Decreased By ▼ -0.74 (-1.21%)
PRL 14.47 Decreased By ▼ -0.27 (-1.83%)
SILK 1.05 Decreased By ▼ -0.02 (-1.87%)
SNGP 42.44 Decreased By ▼ -0.26 (-0.61%)
TELE 7.07 Decreased By ▼ -0.25 (-3.42%)
TPLP 12.83 Decreased By ▼ -0.14 (-1.08%)
TRG 96.42 Decreased By ▼ -4.01 (-3.99%)
UNITY 15.16 Increased By ▲ 0.66 (4.55%)
WTL 1.18 Decreased By ▼ -0.03 (-2.48%)
BR100 4,160 Decreased By -51.8 (-1.23%)
BR30 14,407 Decreased By -198.1 (-1.36%)
KSE100 41,686 Decreased By -456.3 (-1.08%)
KSE30 14,742 Decreased By -200.9 (-1.34%)
Print

Jul-Dec trade deficit declines 32.65pc to $17.13bn YoY

  • The exports during July-December (2022-23) were recorded at $14.249 billion
Published January 4, 2023
Follow us

ISLAMABAD: Pakistan’s trade deficit was narrowed by 32.65 per cent to $17.133 billion during the first half (July-December) of the current fiscal year as compared to $25.438 billion during the same period of last year, says the Pakistan Bureau of Statistics (PBS).

The exports during July-December (2022-23) were recorded at $14.249 billion against the exports of $15.125 billion in July-December of 2021-22, showing a decline of 5.79 per cent, according to the trade data released by PBS Tuesday. The imports decreased by 22.63 per cent during the period under review by going down from $40.563 billion last year to $31.382 billion during the current year.

On a year-on-year basis, the exports witnessed a decline of 16.64 per cent and were recorded at $2.304 billion in December 2022 against the exports of $2.764 billion in December 2021.

July-Nov services sector deficit falls over 50pc to $865m YoY

The imports also decreased to $5.161 billion in December 2022 from $7.580 billion in December 2021, showing negative growth of 31.91 per cent. The trade deficit narrowed by 40.68 per cent on a YoY basis to $2.857 billion in December 2022 compared to $4.816 billion in December 2021.

On a month-on-month basis, the exports during December 2022 declined by 3.64 per cent when compared to the exports of $2.391 billion in November 2022. The imports into the country were decreased.0.41 per cent in December 2022 when compared to the imports of $5.182 billion in November 2022, according to the data.

The trade deficit widened by 2.36 per cent on month-on-month basis and stood at $2.857 billion in December 2022 when compared to $2.791 billion in November 2022.

Copyright Business Recorder, 2023

Comments

1000 characters
Mumtaz Masood Jan 05, 2023 01:25pm
Ager December me import kem he to eiski Bari waja dollars Ka state Bank ki terg na milna he kan k Hazaron container port me cilear k muntizir hen
thumb_up Recommended (0) reply Reply

Jul-Dec trade deficit declines 32.65pc to $17.13bn YoY

Flanked by PTI defectors, Jahangir Tareen launches Istehkam-e-Pakistan party

Pakistan has to satisfy IMF on three counts including budget ‘consistent with programme objectives’

KSE-100 plunges over 450 points amid uncertainty on upcoming budget

Inter-bank: rupee ends losing streak with marginal gain against US dollar

Open-market: US dollar strengthens as demand surges

IMF urges Fed, central banks to keep tightening to reduce inflation

TAPI Pipeline: Pakistan and Turkmenistan sign implementation plan

APTMA urges Dar to reinstate competitive energy tariffs

At US request, Pakistan grants detained designer Khadija Shah consular access

Ali Muhammad Khan re-arrested outside Peshawar jail