Exports in July 2006 recorded a fall of 3.85 percent to $1.269 billion over July 2005 and dipped by 19.45 percent to $1.220 billion compared with $1.515 billion in June 2006. According to the provisional figures released by the Federal Bureau of Statistics on Tuesday.
Exports during July 2006 amounted to Rs 73.558 billion as against Rs 91.160 billion in June 2006 and Rs 75.683 billion during July 2005, showing a decrease of 19.31 percent over June 2006 and of 2.81 percent over July 2005.
Main commodities of exports during July 2006 were knitwear (Rs 9,556 million), bedwear (Rs 9,175 million), cotton cloth (Rs 8,760 million), cotton yarn (Rs 7,053 million), readymade garments (Rs 6,872 million), rice basmati (Rs 5,559 million), rice others (Rs 3,676 million), towels (Rs 2,636 million), solid fuel including naphtha (Rs 2,080 million) and leather garments (Rs 1,498 million).
Imports into Pakistan during July 2006 amounted to Rs 148.295 billion as against Rs 179.668 billion in June 2006 and Rs 119.025 billion during July 2005, showing a decrease of 17.46 percent over June 2006 but an increase of 24.59 percent over July 2005.
In terms of US dollars, imports also decreased by 17.61 percent in July 2006 to $2.460 billion as compared to June 2006 $2.986 billion but increased by 23.25 percent as compared to July 2005 $1.996 billion.
Main commodities of imports during July 2006 were petroleum products (Rs 23,427 million), petroleum crude (Rs 20,290 million), other apparatus (telecom) (Rs 6,575 million, iron and steel (Rs 6,252 million), plastic materials (Rs 3,887 million), sugar (Rs 3,746 million), textile machinery (Rs 3,380 million), electrical machinery and apparatus (Rs 2,951 million) and palm oil (Rs 2,892 million) and fertiliser manufactured (Rs 2,807 million).
Based on the provisional figures of imports and exports the balance of trade in July, 2006 was (-) 74.737 billion in terms of Pak rupees and (-) 1.24 billion in terms of US dollars.