Categories: Everyday News

Exports soar by 16.44pc to $2.33bn in July

ISLAMABAD: The country’s exports increased by 16.44 per cent in July 2021-22 in comparison to the same period last fiscal year. The statistics were reported by the Pakistan Bureau of Statistics (PBS) on Monday. 

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As per the data provided by PBS, Pakistan’s exports were at  $2.001 billion during July 2020 and increased by 16.44 per cent in July 2021 to be at $2.330 billion. 

Similarly, the trade deficit surged by 85.53 per cent, increasing from $1.673 billion during July 2020 to $3.104 billion during the same month in 2021. 

On a month-on-month basis, a negative growth trend was observed; statistics stayed at  $2.728 during June 2021 while decreased by 14.59 per cent during July 2021

 

For more news and information, visit Graana.com 

Maham Tahir

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