ISLAMABAD: Pakistan’s trade deficit increased by 56 percent to $2.2 billion in March.
According to the Bureau of Statistics, the main gap between imports and exports increased by 56.3 percent to $2.2 billion in March on a year-on-year basis. Is.
According to the Bureau of Statistics, exports in March on an annual basis stood at $2.56 billion, which is just 8 percent ($189 million) more than last year, while imports saw a sharp increase, reaching $4.7 billion. Which was 971 million dollars last year, thus the imports saw a significant increase of 26% compared to March last year.
According to the Statistics Institute, the trade deficit also increased by a quarter on a monthly basis, exports remained at 2.6 billion dollars with a slight decrease compared to February, while imports increased by 9 percent to 4.7 billion dollars.
The total trade deficit during July-March of this fiscal year was 17 billion dollars, which is 25 percent (5.7 billion dollars) less than the same period of the previous fiscal year, while this reduction was 30 percent until February, the first nine months. Imports during the period were 40 billion dollars, which was 8.9 percent (3.8 billion dollars) less, while exports during this period remained 22.9 billion dollars with an increase of 9 percent.
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