Pakistan’s Trade Deficit Has Increased to $23.825 Billion: PBS
The country’s trade deficit widened by 21.60 percent to $23.825 billion in July-April 2020-21 compared to $19.593 billion in July-April 2019-20, says the Pakistan Bureau of Statistics (PBS). According to trade data released by PBS, Pakistan’s exports declined by 7.23 percent on a month-on-month (MoM) basis and stood at $2.194 billion in April 2021 against $2.365 billion in March 2021. Trade figures show that country’s imports remained $44.706 billion in July-April 2020-21 compared to $37.992 billion in July-April 2019-20, registering 17.67 percent growth. The country’s exports witnessed 13.49 percent growth and remained $20.881 billion in July-April 2020-21 compared to $18.399…