Trends - trade deficit - Business Recorder

trade deficit

July-May trade deficit shrinks 40.59pc to $25.79bn YoY

ISLAMABAD: Pakistan’s trade deficit narrowed by 40.59% to $25.791 billion during the first 11 months (July-May) of...

Updated 03 Jun, 2023 09:26am

Editorials

Trade deficit down, inflation up

EDITORIAL: Pakistan Bureau of Statistics (PBS) noted a narrowing of the trade deficit to 23.71 billion dollars...

Published 04 May, 2023 04:26am

July-April FY23: Trade deficit declines 39.62pc to $23.71bn YoY

Country’s exports during July-April (2022-23) were recorded at $ 23.174 billion against the exports of $ 26.247 billion in July-April of 2021-22

Updated 03 May, 2023 12:01pm

Jul-Mar trade deficit shrinks 35.51pc to $22.9bn YoY

ISLAMABAD: Pakistan’s trade deficit narrowed by 35.51 percent to $22.9 billion during the first nine months...

Updated 04 Apr, 2023 08:44am

Rating downgrades may have added to IMF’s concerns: Pasha

ISLAMABAD: For successful completion of the 9th review under the International Monetary Fund’s Extended Fund...

Updated 01 Apr, 2023 08:48am

Jul-Feb repatriation of profit, dividend plunge 80pc YoY: Import curbs hurt investors in equal measure

State Bank of Pakistan says foreign investors repatriated $225.1 million during July-Feb of FY23

Updated 28 Mar, 2023 08:53am

Opinion

Falling exports and imports

The February figures of exports, imports and balance of trade have just been released. They tell a story of extreme...

Updated 21 Mar, 2023 07:01am

World

Nepal seeks easier trade access to Chinese markets

KATHMANDU: Nepal’s Prime Minister Pushpa Kamal Dahal on Tuesday asked China to provide “easy and more generous”...

Published 14 Mar, 2023 05:35pm

Business & Finance

Jul-Feb trade deficit narrows 33.18pc YoY

ISLAMABAD: Pakistan’s trade deficit narrowed by 33.18 percent to $21.3 billion during the first eight months...

Updated 02 Mar, 2023 09:20am

MoC adds 9 projects to PSDP

ISLAMABAD: The Commerce Ministry has included nine projects to Public Sector Development Program (PSDP) 2023-24, of...

Updated 16 Feb, 2023 08:55am

World

US trade deficit widens in 2022 to record on strong imports

WASHINGTON: The US trade gap widened to a record in 2022, though expanding less than expected in December,...

Updated 07 Feb, 2023 08:37pm

Business & Finance

Jul-Jan trade deficit shrinks 31.97pc to $19.632bn YoY

ISLAMABAD: Pakistan’s trade deficit narrowed by 31.97 percent to $19.632 billion during the first seven months...

Updated 03 Feb, 2023 08:42am

Business & Finance

Govt focusing on CPEC-SEZs to enhance exports: SEZA chief

LAHORE: Special Economic Zones under China Pakistan Economic Corridor (CPEC-SEZs) were one of the main focuses of...

Published 16 Jan, 2023 06:18am

Markets

11th straight fall: rupee records marginal loss against US dollar

Currency down Re0.01 to close at 226.95 against dollar

Updated 04 Jan, 2023 06:10pm

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

The exports during July-December (2022-23) were recorded at $14.249 billion

Updated 04 Jan, 2023 09:11am

Business & Finance

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

KARACHI: Services sector is presenting an improved picture with some 50 percent decline in the trade deficit during...

Updated 21 Dec, 2022 10:14am

World

US trade deficit rose in October on exports dip

WASHINGTON: A drop in exports helped widen the US trade gap in October, government figures showed Tuesday, with...

Published 06 Dec, 2022 07:45pm

Business & Finance

Jul-Nov trade deficit shrinks 30.14pc to $14.406bn YoY

Deficit widens 23.59 per cent on a month-on-month basis to stand at $2.876 billion in November 2022 when compared to $2.327 billion in October 2022

Updated 02 Dec, 2022 11:21am

PM tells Jefferies Group team: Steps taken to stabilise economy

Holds meeting with a delegation of the international investment banking and capital markets firm

Updated 30 Nov, 2022 10:01am

Business & Finance

Exporters resent energy shortages

KARACHI: Exporters on Wednesday complained about the energy shortages, saying that the federal coalition government...

Updated 17 Nov, 2022 09:21am

World

US trade deficit widens in September as imports rise

WASHINGTON: The US trade gap widened in September after five straight months of decline, government data showed...

Published 03 Nov, 2022 06:42pm

Jul-Oct trade deficit narrows down 26.59pc

ISLAMABAD: The country’s trade deficit narrowed down by 26.59 percent to $11.469 billion during the first four...

Updated 03 Nov, 2022 09:56am

Pakistan

NA body briefed on Pakistan’s ties with African countries

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs on Monday called for Pakistan’s expanding...

Published 25 Oct, 2022 05:51am

Opinion

Conflict within ruling class major cause of economic ‘meltdown’

Pakistan initiated economic stabilisation and structural reform programmes in 1988. In an effort to reduce internal...

Published 20 Oct, 2022 05:36am

Pakistan

Jul-Sep textile group's exports up 3.7% year-on-year to $3.58bn

Petroleum group imports 5.9% higher during the first quarter of the current fiscal year 2022-23 and remained at $4.866bn

Published 18 Oct, 2022 05:39pm

Business & Finance

Paapam, ministry to explore partnership avenues

LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) and the Ministry of...

Published 11 Oct, 2022 05:54am

Editorials

Business & Finance

Country facing a number of crises: expert

KARACHI: There are a number of crises confronting the country right now, including those of energy sector, economy,...

Published 29 Aug, 2022 06:23am

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Jun 5 First Punjab Modaraba(FPJM)	1.41 ▲ 0.19 (15.57%)
Pak. P.V.C. / Jun 5 Pakistan PVC Limited(PPVC)	4.82 ▲ 0.61 (14.49%)
Hussain Industries / Jun 5 Husein Industries Limited(HUSI)	11.49 ▲ 0.99 (9.43%)
Gammon Pak / Jun 5 Gammon Pakistan Limited(GAMON)	5.30 ▲ 0.40 (8.16%)
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	9.66 ▲ 0.70 (7.81%)
HI-Tech Lub. / Jun 5 Hi-Tech Lubricants Limited(HTL)	23.47 ▲ 1.64 (7.51%)
Atlas Battery / Jun 5 Atlas Battery Limited(ATBA)	224.16 ▲ 15.64 (7.50%)
Century Paper / Jun 5 Century Paper & Board Mills Limited(CEPB)	55.60 ▲ 3.88 (7.50%)
Dawood Lawrencepur / Jun 5 Dawood Lawrencepur Limited(DLL)	258 ▲ 18.00 (7.50%)
Exide (PAK) / Jun 5 Exide Pakistan Limited(EXIDE)	274.59 ▲ 19.16 (7.50%)

Stock	Price
Unicap Modaraba / Jun 5 Unicap Modaraba(UCAPM)	1.70 ▼ -0.67 (-28.27%)
Pak Gulf Leasing / Jun 5 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▼ -0.99 (-13.22%)
Mehran Sugar / Jun 5 Mehran Sugar Mills Limited(MRNS)	38 ▼ -5.00 (-11.63%)
Rafhan Maize / Jun 5 Rafhan Maize Products Company Limited(RMPL)	8332 ▼ -1059.00 (-11.28%)
Diamond Ind. / Jun 5 Diamond Industries Limited(DIIL)	30.62 ▼ -2.48 (-7.49%)
Gillette Pak / Jun 5 Gillette Pakistan Limited(GLPL)	109.08 ▼ -8.82 (-7.48%)
John&Philips / Jun 5 Johnson & Phillips (Pakistan) Limited(JOPP)	35.02 ▼ -2.83 (-7.48%)
Indus Dyeing / Jun 5 Indus Dyeing & Manufacturing Co. Limited(IDYM)	126 ▼ -9.06 (-6.71%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	3.13 ▼ -0.21 (-6.29%)
Reliance Ins. / Jun 5 Reliance Insurance Company Limited(RICL)	7.27 ▼ -0.48 (-6.19%)

Stock	Volume
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	16,776,521 ▼ -0.02
Pak Int.Bulk / Jun 5 Pakistan International Bulk Terminal(PIBTL)	10,345,500 ▲ 0.10
Sui North Gas / Jun 5 Sui Northern Gas Pipelines Limited(SNGP)	9,748,618 ▲ 2.54
Pak Petroleum / Jun 5 Pakistan Petroleum Limited(PPL)	9,220,831 ▲ 3.59
Oil & Gas Dev. / Jun 5 Oil & Gas Development Company Limited(OGDC)	8,432,214 ▲ 3.17
D.G.K.Cement / Jun 5 D.G. Khan Cement Company Limited(DGKC)	8,134,363 ▼ -0.12
Pak Refinery / Jun 5 Pakistan Refinery Limited(PRL)	5,737,803 ▲ 0.30
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	4,793,566 ▲ 0.31
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	4,657,500 ▲ 0.12
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	4,102,148 ▲ 0.70

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	286.10
USD PKR Interbank Buying / Jun 5	285.90
USD to Japanese Yen / Jun 5	140.13
USD to Swiss Franc / Jun 5	0.91
Pound Sterling to USD / Jun 5	1.24
Euro to USD / Jun 5	1.07
UK LIBOR % / Jun 2	5.06

Stock	Volume
S&P 500 / Jun 2	4282.37
Nasdaq / Jun 2	13240.77
Dow Jones / Jun 2	33762.76
India Sensex / Jun 5	62894.02
Tokyo Nikkei / Jun 5	32117.09
Hang Seng / Jun 5	18993.93
FTSE 100 / Jun 5	7637.92
Germany DAX 30 / Jun 5	16080.36
France CAC40 / Jun 5	7260.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 2	20235
Gold 10 Grams PKR / Jun 2	199760
Crude Oil USD/Barrel / Jun 5	72.64
Gold Spot USD/Ounce / Jun 5	1944.48
Cotton US¢/pound / Jun 5	81.63

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