PAKISTAN TRADE DEFICIT NARROWS IN FEBRUARY


In February, Pakistan trade deficit narrowed 10.6 percent to 151,648 million Rupees from the 169,621 million Rupees registered in the previous month, as imports declined more than exports.

According to the provisional figures compiled by the Pakistan Bureau of Statistics, in February exports amounted to 179,817 million Rupees as against 197,202 million Rupees reported in January of 2013 and 182,158 million Rupees in February of 2012. Therefore, showing a decrease of 8.8 percent over January of 2013 and of 1.3 percent over February of 2012.

In February of 2013, imports were worth 331,465 million Rupees as against 366,823 million Rupees in January of 2013 and 313,708 million Rupees in February of 2012. Therefore, showing a decrease of 9.6 percent over January of 2013 and an increase of 5.7 percent over February of 2012.

The accumulative trade deficit for the first 8 months (July – February) of the fiscal year 2012-13 accounted to 1,265,017 million Rupees. 


Duarte Ricardo | duarte.ricardo@tradingeconomics.com
3/13/2013 4:31:37 PM