Islamabad, (TDI): The current fiscal year started with the positive signals for economy in Pakistan as exports from the country increased by 14.11 percent during the first three months as compared to the corresponding period of last year.
According to Pakistan Bureau of Statistics (PBS), exports during July-September (2024-25) were recorded at $7.875 billion against $6.901 billion during July-September (2023-24.
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Yet, imports into the country also enhanced by 9.86 percent by growing from $12.115 million last year to $13.310 million during the first three months of the current year.
However, as the data reveals, there are still areas need to be improved.
Based For example the trade deficit during the months was remained at $5.435 billion against the deficit of $5.214 billion last year, showing an increase of 4.24 percent.
Meanwhile, on year-on-year basis, the exports in September 2024 increased by 13.52 percent to $2.805 billion from $2.471 billion in September 2023.
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The imports increased by 16.08 percent by going up from $3.950 to $4.585 percent as per PBS data.
On a month-on-month basis, the exports and imports enhanced this year.
The export increased by 1.56 percent if compared to the exports of $2.762 billion during August 2024.
The imports also increase by 1.69 percent when compared to the imports of $4.509 billion in August 2024, the PBS recorded.
