What is the trade deficit of pakistan
16 Oct 2019 In the first quarter of this fiscal year (July-September), Pakistan's trade deficit fell by 35%; to $5.72 billion from $8.79 billion and almost all of this 9 Aug 2019 Kashmir issue: Pakistan's embargo on trade with India comes at a time when India's trade balance with China is also huge -- it exported items Pakistan recorded a trade deficit of 314835 PKR Million in September of 2019. Balance of Trade in Pakistan averaged -43051.76 PKR Million from 1957 until 2019, reaching an all time high of 6457 PKR Million in June of 2003 and a record low of -452668 PKR Million in June of 2018. The trade deficit is also known as a negative balance of trade. To calculate the trade deficit, one needs to subtract the value of a country’s exports from the total value of imports. In Pakistan, the export surged up to $2.14bn from $1.88bn since last year, exhibiting an appreciation of 13.82pc. Pakistan’s Economic Challenges (Part 1): The Trade Deficit Share Tweet In Pakistan, it is evident that a slower defence modernization effort stems from stagnant funding, both in fiscal terms (i.e., the national budget) and monetary strength. Pakistan's Trade Balance recorded a deficit of 2.0 USD bn in Sep 2019, compared with a deficit of 1.9 USD bn in the previous month. Pakistan's Trade Balance data is updated monthly, available from Jan 1968 to Sep 2019, with an averaged value of -207.4 USD mn.
9 Aug 2019 Kashmir issue: Pakistan's embargo on trade with India comes at a time when India's trade balance with China is also huge -- it exported items
KARACHI: Pakistan's trade deficit narrowed sharply by 28.40 percent during first seven months (July – January) 2019/2020 owing to significant decline in import 23 Jan 2020 As a result, Pakistan's trade deficit with the eastern neighbour amounted to USD 269.8 million. India on August 5 revoked the special status to Pakistan trade balance for 2018 was $-34.10B, a 20.02% increase from 2017. Pakistan trade balance for 2017 was $-28.41B, a 45.36% increase from 2016. 18 Sep 2019 Pakistan is currently our 56th largest goods trading partner with $6.6 The U.S. goods trade deficit with Pakistan was $860 million in 2018. Pakistan's trade with the United States fell 1.46 percent, from $6.64 billion to $6.54 billion in 2019 when compared Exports Imports SURPLUS/(DEFICIT) ( 1.3B). 15 Nov 2019 This improvement, coupled with workers' remittances, will positively address Pakistan's current account deficit woes. He said for the first time in 8 Feb 2020 Data by the Pakistan Bureau of Statistics (PBS) further showed that the trade deficit has contracted sharply by 28.4% to $13.75 billion in the first
23 Jan 2020 As a result, Pakistan's trade deficit with the eastern neighbour amounted to USD 269.8 million. India on August 5 revoked the special status to
7 Jan 2020 ISLAMABAD: Pakistan's trade deficit narrowed over 30% to $11.6 billion in the first half of current fiscal year due to import compression amid 4 Mar 2020 The statistic shows Pakistan's trade balance from 2008 to 2018. Trade balance is the value of exported goods minus the value of imported 6 Jan 2020 According the trade figure of the Ministry of Commerce for July to December 2019 -20 the country's trade deficit stood at $5.129 billion during the In 2017, Pakistan exported $24.8B and imported $55.6B, resulting in a negative trade balance of $30.9B. In 2017 the GDP of International trade, economic growth, total debt servicing and broad money supply are considered as foremost factors affecting fiscal deficit in Pakistan. The 5 Jan 2020 Trade deficit of Pakistan fell by 30% to $11.64 billion in the first half of fiscal year 2019-20, according to stats shared by Adviser to PM on
ISLAMABAD - Pakistan’s trade deficit had shrunk to $14.5 billion in first five months (July to November) of the current fiscal year on the back of minor decline ISLAMABAD - Pakistan’s trade deficit had shrunk to $14.5 billion in first five months (July to November) of the current fiscal year on the back of
KARACHI: Pakistan's trade deficit narrowed sharply by 28.40 percent during first seven months (July – January) 2019/2020 owing to significant decline in import 23 Jan 2020 As a result, Pakistan's trade deficit with the eastern neighbour amounted to USD 269.8 million. India on August 5 revoked the special status to Pakistan trade balance for 2018 was $-34.10B, a 20.02% increase from 2017. Pakistan trade balance for 2017 was $-28.41B, a 45.36% increase from 2016. 18 Sep 2019 Pakistan is currently our 56th largest goods trading partner with $6.6 The U.S. goods trade deficit with Pakistan was $860 million in 2018. Pakistan's trade with the United States fell 1.46 percent, from $6.64 billion to $6.54 billion in 2019 when compared Exports Imports SURPLUS/(DEFICIT) ( 1.3B). 15 Nov 2019 This improvement, coupled with workers' remittances, will positively address Pakistan's current account deficit woes. He said for the first time in 8 Feb 2020 Data by the Pakistan Bureau of Statistics (PBS) further showed that the trade deficit has contracted sharply by 28.4% to $13.75 billion in the first
11 Oct 2019 Pakistan's trade deficit saw a decline of 35%, as it shrank to $5.72 billion from $8.79 billion in the first quarter of this fiscal year (July-September)
According to the data of Ministry of Commerce, the trade deficit between Pakistan and China was continuously increasing till the fiscal year 2017-18 when it has reached to $14 billion. However, in last fiscal year, the trade imbalance between two countries had come down by $3.2 billion. Overall trade between Pakistan and China was $14.6 billion.
The Pakistan Bureau of Statistics (PBS) reports a fall of 9.9% in the trade deficit in April 2019 over the value reported in April 2018. This is primarily driven by a 6.4% decrease in imports. According to statistics, the trade deficit in the country contracted from $2 billion to $19.264 billion from July to January period in 2018 to 2019. In Pakistan gambling is forbidden as well as in the vast Muslim nations, but even though this prohibition extends to the internet, The trade deficit had recorded at $14.5 billion during July to November of FY2019, which is 2.03 percent lesser than the deficit of corresponding period of previous year, according to Pakistan Bureau of Statistics (PBS). The deficit had contracted due to reduction in imports and minor increase in the exports during five months of the ongoing financial year. Pakistan’s trade with the United States rose to $6.54 billion in 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.46 percent below its total trade of 2018. U.S. exports to Pakistan decreased 10.5 percent while U.S. imports from Pakistan rose 5.67 percent. The U.S. deficit with Pakistan was $1.3 billion. Trade deficit widens to $27.3 billion even as Pakistan records higher exports. The last government of the PML-N had projected to limit the deficit to $25.7 billion.