Pakistan's declining exports and rising trade deficit
KARACHI: Pakistan trade deficit has exceeded 19 billion dollar in 11 months from July to May with 12% reduction in national exports.
As per details, Pakistan exports remained at Rs. 21.85 billion dollar in 11 months of current fiscal year with 12 percent decline in exports while Pakistan imports were recorded at Rs. 41.45 billion dollar during the same period.
In this way, trade deficit was recorded at 19.59 billion dollar during July to May current fiscal year.