Trade Deficit of Pakistan has increased to $23.8 Billion.

The exports of the country witnessed an increase of 13.49 percent during the first ten months of the current fiscal year (2020-21) as compared to the exports of corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.

The exports during July-April (2020-21) were recorded at $20.881 billion against the exports of $18.399 billion during July-April (2019-20), according to the latest PBS data.

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The imports during the period under review also increased by 17.67 percent by growing from $37.992 billion last year to $44.706 billion during the first ten months of current fiscal year.

The trade deficit during the period was recorded at $23.825 billion against the deficit of $19.593 billion last year.

About the Author

Fatima Majeed has been associated with the profession of Journalism for the last seven years. During this tenure, she has worked in different roles in various popular media houses. Since 2014, she has been working as an Urdu and English News Editor, Social Media Reporter as well as Youtuber. In this profession, she presents the latest news, organizes it in a proper meaningful way, and brings social and political issues in limelight with the power of her pen...

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