The country's exports in February 2019 witnessed a decline of 7.54 percent as compared to the preceding month and were recorded at $1.889 billion against $ 2.043 billion in January. According to the provisional figures compiled by Pakistan Bureau of Statistic (PBS), the country's exports on year-on-year basis also witnessed a decrease of 0.37 percent and were recorded at $ 1.889 billion in February 2019 against $1.896 billion in February 2018. The PBS data revealed in terms pf Pakistani rupees, country's exports also witnessed a reduction of 7.66 percent in February 2019 against January 2019. In February 2019 Pakistani exports amounted to Rs 261.669 billion against Rs 283.372 billion in January 2019.
On year-on-year basis in terms of Pakistanis rupee, the country's exports in February stood at Rs 261.669 billion against Rs 209.415 billion during February 2018 showing an increase of 24.95 percent over February 2018.
From July 2018 to February 2019, the country's exports in Pakistani rupee terms stood at Rs 1,991.207 billion against Rs 1,589.322 billion during the corresponding period of last year showing an increase of 25.29 percent.
In terms of the US dollar, the exports during July-February 2018-19 totalled at $ 15.113 billion against $ 14.838 billion during the corresponding period of last year showing an increase of 1.85 percent.
Main commodities of exports during February 2019 were readymade garments, Rs 31.293 billion, knitwear, Rs 29.839 billion, cotton cloth, Rs 24.527 billion, bed wear, Rs 24.299 billion, rice others, Rs 19.831 billion, cotton yarn, Rs 15.012 billion, towels, Rs 9.708 billion, rice Basmati, Rs 8.3 billion, made-up articles excl towels & bed wear, Rs 7.674 billion, and fruits, Rs 6.406 billion.
Pakistani imports during February 2019 amounted to Rs 579.039 billion against Rs 624.644 billion in January 2019, showing a decrease of 7.30% over January 2019 while on year-on-year basis the country exports registered an increase of 10.05 percent as imports in February 2018 stood at Rs 526.141 billion which in February 2019 reached Rs 579 billion.
In terms of US dollars the imports in February, 2019 was $ 4.180 billion as compared to $ 4.504 billion in January, 2019 showing a decrease of 7.19 percent. While on year-on-year basis imports registered a decline of 12.26 [percent as it stood at $ 4.764 billion in February 2018 against $4.180 billion.
Imports during July-February 2018-2019 totalled at Rs 4,808.4 billion against Rs 4,180.4 billion during the corresponding period of last year showing an increase of 15.02 percent.
In terms of US dollars, the imports during July-February 2018-19 totalled at $ 36.636 billion against $ 39.029 billion during the corresponding period of last year showing a decrease of 6.13 percent.
Main commodities of imports during February, 2019 were petroleum products, Rs 49.6 billion, crude oil, Rs 45.45 billion, natural liquefied gas, Rs 29.8 billion, plastic material, Rs 26.4 billion, iron & steel, Rs 22.1 billion, raw cotton, Rs 19.73 billion, power generating machinery, Rs 19.05 billion, palm oil, Rs 18.6 billion, electrical machinery & apparatus, Rs 17.6 billion, and iron & steel scrap, Rs 14.3 billion.
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