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Tag: trade deficit

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Pakistan Witnesses Massive 25% Decline in Imports During First Quarter of FY24

October 2, 2023October 2, 2023Shahnawaz Akhter

Karachi, October 2, 2023 – Pakistan economy official data reveals a staggering 25 percent decline in imports during the first quarter of the fiscal year 2023-24.

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Container Tracking Monitoring

Pakistan’s Trade Deficit Shrinks by Over 40% in the First Two Months of FY24

September 1, 2023May 5, 2026Mrs. Anjum Shahnawaz

Karachi, September 1, 2023 – Pakistan’s trade deficit has undergone a significant contraction, decreasing by over 40 percent during the first two months of fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.

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Pakistan’s Exports Witness 12.68% Decline in July 2023

August 2, 2023August 2, 2023Faisal Shahnawaz

Islamabad, August 2, 2023 – The latest data released by the Pakistan Bureau of Statistics (PBS) indicates a significant decline in the country’s exports by 12.68% in July 2023, as compared to the previous month.

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Pakistan Achieves Impressive 43% Decline in Trade Deficit During FY23

July 3, 2023February 27, 2026Shahnawaz Akhter

Islamabad, July 3, 2023: Pakistan has made significant progress in its trade dynamics, as official data released on Monday reveals a remarkable 43% decline in trade deficit during the fiscal year 2022-23 when compared to the preceding fiscal year.

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Pakistan’s Import Bill Surges by 43% in May 2023, Trade Deficit Widens

June 2, 2023June 3, 2023Shahnawaz Akhter

Karachi, June 2, 2023 – Pakistan’s import bill experienced a substantial increase of 43% in May 2023, reaching $4.28 billion compared to $2.99 billion in the previous month, according to official statistics released on Friday. In contrast, exports recorded a nominal increase, reaching $2.19 billion in May 2023 compared to $2.14 billion in April 2023.

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Pakistan’s exports plunge 12% in first 10 months of FY23, imports down 28%

May 2, 2023May 2, 2023Mrs. Anjum Shahnawaz

Pakistan’s economy has been hit hard as the country’s exports fell by 12% during the first ten months of the current fiscal year, according to data released by the Pakistan Bureau of Statistics.

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port activity

Pakistan exports plummet by 10% during July – March 2022-2023

April 3, 2023April 3, 2023Mrs. Anjum Shahnawaz

Exports of Pakistan have plummeted by 10 percent during nine month (July – March) 2022-2023, official data revealed on Monday.

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port activity

Pakistan’s trade deficit contracts by 33% in 8MFY23

March 3, 2023March 3, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan’s trade deficit contracted by 33 per cent to $21.3 billion during first eight months (July – February) of fiscal year 2022-2023, according to official numbers released on Friday.

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Pakistan trade deficit narrows by 32pc in 7MFY23

February 2, 2023February 2, 2023Mrs. Anjum Shahnawaz

KARACHI: Trade deficit of Pakistan narrowed by 32 per cent during first seven months of the current fiscal year 7MFY23, according to official data released on Thursday.

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port activity

Pakistan’s exports decline by 5.8pc in 1HFY23

January 3, 2023January 3, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan’s exports have declined by 5.8 per cent in the first half (July – December) of fiscal year 2022-2023, according to official trade data released on Tuesday.

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