ISLAMABAD: Pakistan’s exports have registered 10.5 percent growth in first five months of current fiscal year owing to better demand in EU countries and benefits of PM package announced for exporters.
According to Pakistan Bureau of Statistics (PBS), the exports increased to $9.03 billion during July – November, 2017/2018 as compared with $8.17 billion in the corresponding period of the last year.
However, imports are remained on the high trajectory and maintained 21.12 percent growth during the first five months of the current fiscal year.
The imports increased to $24.06 billion during July – November 2017/2018 as compared with $19.86 billion in the corresponding period of the last fiscal year.
Therefore, trade deficit grew by 28.56 percent to $15 billion during the period under review as compared with the deficit of $11.69 billion in the corresponding period of the last year.
