Pakistan Balance of Trade 1957-2014 | Data | Chart | Calendar | Forecast

Pakistan recorded a trade deficit of 227555 PKR Million in June of 2014. Balance of Trade in Pakistan averaged -21588.14 PKR Million from 1957 until 2014, reaching an all time high of 6457 PKR Million in June of 2003 and a record low of -227555 PKR Million in June of 2014. Balance of Trade in Pakistan is reported by the Pakistan Bureau of Statistics.

   
 
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Pakistan Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-227555.00 -153628.00 6457.00 -227555.00 1957 - 2014 PKR Million Monthly
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 provides - Pakistan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Pakistan Balance of Trade - was last refreshed on Thursday, August 21, 2014.


Pakistan Trade Deficit Widens to Record High


Pakistan trade gap increased to PKR 227.6 billion in June of 2014, compared with PKR 153.6 billion in the previous month, due to a surge in imports. It is the highest deficit on record.

Exports fell 4.36 percent month-over-month to PKR 199.6 billion in June of 2014. Shipments of leather tanned fell the most on the month (-14.44 percent), followed by sales of cotton cloth (-13.13 percent) and made up articles (-11.84 percent). 

Imports surged 17.89 percent to PKR 427.2 billion. Imports of petroleum products rose 26.13 percent and accounted for the largest share. Meanwhile, purchases of communication apparatus rose the most in June (+112.73 percent), followed by iron and steel scrap (+27.39 percent). 

Year-on-year, the country’s trade deficit increased 30.8 percent in June, as exports declined 6.86 percent and imports surged 10.0 percent.

Pakistan Bureau of Statistics | Isabel Felino | isabel.felino@tradingeconomics.com
7/29/2014 11:36:17 AM


Recent Releases

Pakistan Trade Deficit Shrinks in May
Pakistan trade gap edged down to PKR 153.6 billion in May of 2014 compared with PKR 209.8 billion in the previous month, as exports increased and imports declined. Published on 2014-06-18

Pakistan Trade Deficit Nearly Doubled in April
Pakistan trade gap widened to PKR 209.7 billion in April of 2014 from PKR 139.1 billion in March of 2014, as exports fell sharply. Published on 2014-05-23


Trade Last Previous Highest Lowest Unit
Balance of Trade -227555.00 -153628.00 6457.00 -227555.00 PKR Million [+]
Exports 199634.00 208737.00 275917.00 51.00 PKR Million [+]
Imports 427189.00 362365.00 435995.00 96.00 PKR Million [+]
Current Account -332.00 -678.00 1418.00 -4213.00 USD Million [+]
Current Account to GDP -1.10 -2.10 4.90 -8.50 Percent [+]
External Debt 61805.00 59383.00 66451.00 33172.00 USD Million [+]
Terms of Trade 54.61 54.54 94.83 49.17 Index Points [+]
Remittances 4249.00 3793.00 4249.00 906.00 USD Million [+]
Gold Reserves 64.43 64.43 65.43 64.39 Tonnes [+]





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