{"id":11484,"date":"2021-06-09T11:18:50","date_gmt":"2021-06-09T11:18:50","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=11484"},"modified":"2021-06-09T11:18:50","modified_gmt":"2021-06-09T11:18:50","slug":"exports-increase-by-13-97-in-11-months","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/latest-business-news\/exports-increase-by-13-97-in-11-months\/","title":{"rendered":"Exports increase by 13.97% in 11 months"},"content":{"rendered":"

The exports from the country witnessed an increase of 13.97 percent during the first eleven months of the current fiscal year (2020-21) as compared to the exports of corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.<\/p>\n

The exports during July-May (2020-21) were recorded at $22.560 billion against the exports of $19.795 billion during July-May (2019-20), according to the latest PBS data.<\/p>\n

The imports during the period under review also increased by 22.52 percent by growing from $40.849 billion last year to $50.048 billion during the first eleven months of current fiscal year.<\/p>\n

Based on the figures, the country\u2019s trade deficit increased by 30.56 percent during the first eleven months as compared to the corresponding period of last year.<\/p>\n

The trade deficit during the period was recorded at $27.488 billion against the deficit of $21.054 billion last year.<\/p>\n

Meanwhile, on year-on-year basis, the exports of the country increased by 18.48 percent during the month of May 2021 as compared to the exports of May 2020.<\/p>\n

The exports during May 2021 were recorded at $1.654 billion against the exports of $1.396 billion in May 2020, the data revealed.<\/p>\n

The imports into the country increased from $2.857 billion in May 2020 to $5.299 billion in May 2021, showing growth of 85.87 percent.<\/p>\n

On month-on-month basis, the exports from the country however decreased by 25.46 percent during May 2021 when compared to the exports of $2.219 billion in April 2021.<\/p>\n

Likewise the imports into the country increased dipped by 0.74 percent in May 2021 when compared to the imports of $5.260 billion in April 2021, the data revealed.<\/p>\n","protected":false},"excerpt":{"rendered":"

The exports from the country witnessed an increase of 13.97 percent during the first eleven months of the current fiscal year (2020-21) as compared to the exports of corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. The exports during July-May (2020-21) were […]<\/p>\n

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