KARACHI – Pakistan trade deficit registers minor decline in the firstquarter of the Fiscal year 2018-19.
Trade deficit reduced by 1.61 percent to $8.869 billion in the firstquarter of the current fiscal year of 2018/19 as regulatory duties snippednon-essential imports into country, analysts said on Wednesday.
Pakistan Bureau of Statistics (PBS) data showed that trade deficit wasregistered at $9.014 billion in the corresponding quarter a year earlier.
Merchandise exports rose 4.56 percent to $5.39 billion, while importsinched up 0.63 percent to $14.26 billion during the three-month period.
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In September, imports amounted to $4.43 billion, almost same as in thecorresponding month last year, but noticeably down 11.25 percent over theprevious month.
