Financial Updates

The blog "FINANCIAL UPDATES" consists on exclusive economic and commerce news about across the world particularly Pakistan economy

Wednesday, July 14, 2010

Pakistan's export increased to $19.4bn

ISLAMABAD—July 14—The Pakistan's trade deficit recorded $ 15.327 billion during the outgoing fiscal, which is less than 0.32 percent from the last year

According to the figures of the Federal Bureau of Statistics (FBS), the country's trade deficit for the 2009/10 (July-June) fiscal year narrowed to $15.32 billion from $17.13 billion, the imports narrowed $34.709 billion from $ 34.882 billion and exports increased to $ 19.382 billion from $17.688 billion.

The trade deficit narrowed to $1.40 billion in June from $1.81 billion in June last year, the FBS said. The deficit was $1.60 billion in May.

The exports stood at $1.82 billion in June this year, against $1.52 billion a year ago. The imports were worth $3.22 billion compared with $3.34 billion last year.

No comments:

Post a Comment