{"id":5155,"date":"2021-01-23T06:12:36","date_gmt":"2021-01-23T06:12:36","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=5155"},"modified":"2021-01-23T06:12:37","modified_gmt":"2021-01-23T06:12:37","slug":"pakistans-trade-with-us-increases-17-34-per-cent-in-1st-half","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/latest-business-news\/pakistans-trade-with-us-increases-17-34-per-cent-in-1st-half\/","title":{"rendered":"Pakistan\u2019s trade with US increases 17.34 per cent in 1st half"},"content":{"rendered":"\n<p>ISLAMABAD-Pakistan\u2019s goods and services trade with United State of America (USA) witnessed an increase of 17.34 percent during the first half of ongoing financial year (2020-21) as compared to the corresponding period of last year.<\/p>\n\n\n\n<p>The trade surplus was recorded at $1286.735 million during July-December (2020-21) against $1096.551 million during July-December (2019-20), showing growth of 17.34 percent, the State Bank of Pakistan (SBP) data revealed.<\/p>\n\n\n\n<p>The overall exports to USA also increased by 9.94 percent from $2074.080 million last year to $2280.318 million during the period under review.<\/p>\n\n\n\n<p>Meanwhile, on year-to-year basis, the exports to USA during December 2020 also increased by 28.86 percent from $329.616 million against the exports of $424.754 million.<\/p>\n\n\n\n<p>On month-on-month basis, the exports to US rose by 7.67 percent during December 2020 as compared to the exports of $394.486 million in November 2020, the SBP data revealed.<\/p>\n\n\n\n<p>Overall Pakistan\u2019s exports to all countries witnessed decline of 4.75 percent in six months, from $12.392 billion to $11.803 billion, the SBP data revealed.<\/p>\n\n\n\n<p>On the other hand, the imports from US during the period under review were recorded at $993.583 million against $977.529 million last year, showing nominal increase of 1.64 percent in six months of this year.<\/p>\n\n\n\n<p>Meanwhile, on year-to-year basis, the imports from USA during December 2020 however decreased by 22.30 percent, from $248.413 million last year to $192.996 million.<\/p>\n\n\n\n<p>On month-on-month basis, the import from USA also declined by 6.18 percent during December 2020 as compared to the import of $205.729 million in November 2020, the SBP data revealed.<\/p>\n\n\n\n<p>The overall imports into the all countries increased by 4.83 percent, from $22.136 billion to $23.207 billion, according to the data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD-Pakistan\u2019s goods and services trade with United State of America (USA) witnessed an increase of 17.34 percent during the first half of ongoing financial year (2020-21) as compared to the corresponding period of last year. The trade surplus was recorded at $1286.735 million during July-December [&#8230;]<\/p>\n<p>\n","protected":false},"author":2,"featured_media":5156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[3748,3746,3747],"class_list":["post-5155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-business-news","tag-1st-half","tag-pakistans-trade","tag-us-increases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan\u2019s trade with US increases 17.34 per cent in 1st half - Pakistan News International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pni.net.pk\/en\/latest-business-news\/pakistans-trade-with-us-increases-17-34-per-cent-in-1st-half\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Pakistan\u2019s trade with US increases 17.34 per cent in 1st half - Pakistan News International\" \/>\n<meta name=\"twitter:description\" content=\"ISLAMABAD-Pakistan\u2019s goods and services trade with United State of America (USA) witnessed an increase of 17.34 percent during the first half of ongoing financial year (2020-21) as compared to the corresponding period of last year. 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