Pakistan Balance of Trade

Pakistan recorded a trade deficit of 174836 PKR Million in April of 2013. Balance of Trade in Pakistan is reported by the Pakistan Bureau of Statistics. Historically, from 1957 until 2013, Pakistan Balance of Trade averaged -18351.09 PKR Million reaching an all time high of 6457 PKR Million in June of 2003 and a record low of -215020 PKR Million in December of 2011. Pakistan runs regular trade deficits primarily due to high imports of energy. Main imports are: fuel (40 percent of total imports); machinery and transport equipment (18 percent) and chemicals (16 percent). Pakistan exports: cotton and knitwear (28 percent of total exports); bed wear, carpets and rugs (8 percent) and rice (8 percent). Main trading partners are United Arab Emirates (10 percent of total exports and 17 percent of imports) and China (9 percent of exports and 15 percent imports). Others include: United States, United Kingdom and Germany. This page includes a chart with historical data for Pakistan Balance of Trade.

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Pakistan Balance of Trade
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Pakistan Trade Deficit Widens In April
Duarte Ricardo | duarte.ricardo@tradingeconomics.com  |  5/14/2013 9:45:05 AM


In April, Pakistan trade deficit widened 14.79 percent to 174,836 million Rupees from the 152,311 million Rupees registered in the previous month, as imports increased more than exports.

According to provisional figures compiled by the Pakistan Bureau of Statistics, in April, exports amounted to 209,441 million Rupees as against 209,274 million Rupees reported in March of 2013 and 202,010 million Rupees in April of 2012. Therefore, showing an increase of 0.08 percent over March of 2013 and of 3.68 percent over April of 2012.
 
In April of 2013, imports were worth 384,277 million Rupees as against 361,585 million Rupees in March of 2013 and 340,480 million Rupees in April of 2012. Therefore, showing an increase of 6.28 percent over March of 2013 and of 12.86 percent over April of 2012.
 
Pakistan´s accumulative trade deficit for the first 10 months (July – April) of the fiscal year 2012-13 declined 6.75 percent yoy to 1,592,266 million Rupees.

ARCHIVE
Pakistan Trade Deficit Widens In March
In March, Pakistan trade deficit widened 42.98 percent to 216,831 million Rupees from the 151,648 million Rupees registered in the previous month, as imports increased more than exports. 2013-04-12

Pakistan Trade Deficit Widens in January
Pakistan has registered a trade deficit of 169.6bn Rupees in January, compared to 165.5bn Rupees in the previous month. 2013-02-15

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. 2013-03-13

Pakistan Trade Deficit Worsens in December
Pakistan has registered a trade deficit of 165.5bn Rupees in December, compared to 164.2bn Rupees in the previous month 2013-01-25




Balance of Trade | Notes

The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap.






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