ISLAMABAD: The Pakistan Bureau of Statistics (PBS) reported on Wednesday that the country’s trade deficit widened to $24 billion during the first 11 months of the current fiscal year, reflecting a 10.6% increase compared to the same period last year. A sharp increase in imports primarily drove this expansion, outpacing the modest growth in exports. … Read more
Pakistan’s Trade Deficit Increases in 2024. Trade deficit widened by 35% YoY to $2.444 billion in December 2024. Monthly trade deficit increased by 47% from $1.667 billion in November 2024 to $2.444 billion in December 2024. Pakistan’s trade deficit widened by 35% year-on-year (YoY) in December 2024, reaching $2.444 billion compared to $1.813 billion in … Read more
KARACHI: Pakistan’s trade deficit has swollen 34 per cent during the fiscal year 2020/21, despite record exports, according to the data released by the Pakistan Bureau of Statistics (PBS) on Saturday. The trade deficit stood at $31.05 billion during the fiscal year 2020/21, compared with the deficit of $23.16 billion in the preceding fiscal year. … Read more
The United States has aimed to expand trade relations with Pakistan by sending 15 trade delegations next year. According to the international news agency, Alice Wells, the US Assistant Secretary of State said that the US has decided to send trade delegations to Pakistan to strengthen trade relations. Alice Wells further said that Pakistan is … Read more
