Islamabad February 3 2025: Pakistan’s local exports grew by 9.98 percent, reaching US$19.551 billion during July to January compared to US$17,777 billion in the same period last year, according to the Pakistan Bureau of Statistics.
Meanwhile, imports increased by 6.95 percent, totaling US$30,039 billion, up from US$30,893 billion in the same period last year.
The trade deficit increased by 2.84 percent to US$13,488 billion in the first seven months of the current financial year (2024-25) compared to the same period last year.
In January 2024, the Pakistan’s trade deficit decreased by 5.47 percent compared to December 2024, to US$2.313 billion due to 0.31 percent surge in exports.
Exports were increased by 0.31 percent compared to December 2024 to US$2.920 billion in January 2025 while imports decreased by 2.33 percent to US$5.233 billion compared to the trade numbers in December 2024, according to the data.
Year-on-Year, the trade deficit increased by 17.78 percent in January 2025, with imports increasing by 10.04 percent and exports by 4.59 percent.
