Pakistan’s Trade Deficit Rises 4.24% as Exports Grow 13.52% in September 2024
Exports during July-September (2024-25) were recorded at $7.875 billion against $6.901 billion during July-September (2023-24), according to PBS data.
On the other hand, imports into the country also went up by 9.86 percent growing from $12.115 million last year to $13.310 million during the first three months of the current year.
Based on the figures, the trade deficit during the months under review was recorded at $5.435 billion against the deficit of $5.214 billion last year, showing an increase of 4.24 percent.
Meanwhile, on a year-on-year basis, the exports in September 2024 increased by 13.52 percent to $2.805 billion from $2.471 billion in September 2023.
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On the other hand, the imports also increased by 16.08 percent going up from $3.950 to $4.585 percent, according to PBS data.
On a month-on-month basis, the exports from the country increased by 1.56 percent when compared to the exports of $2.762 billion during August 2024.
The imports also witnessed an increase of 1.69 percent when compared to the imports of $4.509 billion in August 2024, PBS reported.
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