AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,986 Increased By 102.5 (1.04%)
BR30 31,124 Increased By 523.9 (1.71%)
KSE100 94,141 Increased By 785.3 (0.84%)
KSE30 29,169 Increased By 237.6 (0.82%)

ISLAMABAD: Trade deficit widened by 91.9 percent during the first seven months (July-January) of the current fiscal year 2021-22 and reached $28.800 billion compared to $15.002 billion during the same period of 2020-21, revealed the Pakistan Bureau of Statistics (PBS) data.

According to the PBS monthly summary on foreign trade statistics for January 2022, the country’s exports declined by 7.8 percent on month-on-month basis and remained $2.546 billion in January 2022 compared to $2.764 billion in December 2021.

The country’s exports increased by 23.9 percent and remained $17.671 billion in the first seven months of current fiscal year 2021-22 compared to $14.255 billion during the same period of 2020-21.

Imports increased by 58.8 percent during the first seven months (July-January) of the current fiscal year and stood at $46.47 billion compared to $29.257 billion during the same period of the corresponding year, stated the PBS.

Imports reach $32.851bn mark: Jul-Nov trade deficit widens 68.6pc YoY

According to the PBS, the country’s trade deficit widened by 26.4 percent on year-on-year basis, jumping from $2.658 billion in January 2021 to $3.362 billion in January 2022.

Imports registered an increase of 23 percent on year-on-year basis and jumped from $4.803 billion in January 2021 to $5.908 billion in January 2022. Further exports registered 18.6 percent growth on year-on-year basis and increased from $2.145 billion in January 2021 to $2.546 billion in January 2022.

According to the PBS data, trade deficit narrowed by 30.1 percent on month-on-month basis from $4.816 billion in December 2021 to $3.362 billion in January 2022.

Imports declined by 22 percent on month-on-month basis and remained $5.908 billion in January 2022 compared to $7.580 billion in December 2021.

Copyright Business Recorder, 2022

Comments

Comments are closed.