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Pakistan’s trade deficit widens to $10.79 billion in first quarter

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Animated editorial illustration for: Pakistan’s trade deficit widens to $10.79 billion in first quarter
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Tariq Akram
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At a glance

  • Trade deficit reached $10.79 billion in the first quarter of the fiscal year.
  • This represents a 15.13% increase compared to the same period last year.
  • Imports grew by 13.21% while exports rose by 10.84%.

Story so far

Data released by the Federal Bureau of Statistics shows Pakistan's trade deficit grew to $10.79 billion in the first three months of the fiscal year, a 15.13% increase. During this period, imports rose by 13.21% to $19.21 billion, outpacing the 10.84% growth in exports. For the month of September alone, the trade deficit was recorded at $3.55 billion.

Latest development

Pakistan's trade deficit for the first quarter of the current fiscal year has widened by 15.13% to reach $10.79 billion, according to data from the Federal Bureau of Statistics. The increase is attributed to imports growing at a faster rate than exports.

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