Pakistan Trade Deficit Narrows for Second Straight Month


Pakistan trade gap decreased to PKR 139.2 billion in March of 2014, down from PKR 150.5 billion in February and PKR 152.344 billion in the same month last year, mainly due to lower imports.

Exports fell 1.68 percent over February to PKR 223.8 billion, but rose 6.7 percent year-on-year.

Year-on-year, sales of petroleum top naphta surged 100 percent, while those of cotton cloth rose marginally by 0.45 percent and exports of cotton yarn fell 12 percent. On a monthly basis, rice sales fell 23.6 percent. 

Imports contracted 4 percent over February to PKR 362.9 billion and rose marginally 0.37 percent on a yearly basis. 

Purchases of petro products fell 29.95 percent yoy and 22 percent mom and imports of raw cotton decreased 31.6 percent yoy and 22.8 percent mom. Purchases of medical products declined 23.6 percent over a year earlier, but rose 5.61 percent over February.

Pakistan Trade Deficit Narrows for Second Straight Month


Pakistan Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
5/2/2014 12:11:17 PM