From July 2022 to March of this year, regarding trade, exports were $21.046 billion, down from $23.350 billion during the corresponding time last fiscal year.
According to the Pakistan Bureau of Statistics (PBS), Pakistan’s trade deficit decreased by more than 35% in the first nine months of the current fiscal year, which began in July 2022 and ended in June 2023.
According to PBS data issued on Tuesday, the trade deficit between July 2022 and March of this year was $22.900 billion, down from a deficit of $35.509 billion over the same period last year, a negative growth of 35.51 percent.
Trade of exports and imports both dropped
According to PBS data cited by the Xinhua news agency, exports fell 9.87 percent, from $23.350 million in the same period of the previous fiscal year to $21.046 billion, between July 2022 and March of this year.
Imports, on the other hand, dropped from $58.859 billion to $43.946 billion, a decrease of 25.34% compared to the same period last fiscal year.
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