ISLAMABAD – Pakistan’s goods and services trade with Bangladeshwitnessed surplus of 52.82 percent during first eight months offinancial year (2021-22) as compared to the corresponding period oflast year.
The overall exports to Bangladesh were recorded at $559.118 millionduring July-February (2021-22) against exports of $ 375.669 millionduring July-February (2020-21), showing growth of 52.82 percent, SBPdata revealed.Meanwhile, on year-to-year basis, exports to Bangladesh duringFebruary 2022 also increased by 44.62 percent, from US $ 52.440million to US $75.842 million.
Similarly on month-on-month basis, exports of Bangladesh weredecreased by 9.56 percent during February 2022 in comparison withexports of US $83.867 million in January 2022, SBP data said.
Overall Pakistan�s exports to other countries witnessed an increase of28.11 percent in eight months, from US $16.092 billion to US $ 20.616billion.
On the other hand, the imports from Bangladesh during the period underreview were recorded at $ 67.025 million against $53.668 million lastyear, showing an increase of 24.88 percent.
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Meanwhile, year-to-year basis, imports from Bangladesh during February2022, however decreased by 14.27 percent from US $8.656 million lastyear to US $7.420 million.On month-on-month basis, the import from Bangladesh also dipped by16.98 percent during February 2022 when compared to the import of US$8.938 million in January 2022, SBP data said.
The overall imports into the country increased by 49.11 percent, fromUS $32.123 billion to US $47.901 billion.The trade surplus during the period under review was recorded at$492.093 million against $322.001 million during same period of lastyear, showing 52.82 percent growth.
