Categories: Everyday News

Pak-US trade observed 63pc surplus: SBP

ISLAMABAD: The State Bank of Pakistan (SBP) reported that the goods and services trade with the United State of America (USA) saw a surplus of  63.58 per cent in the financial year (2021-22) as compared to last year.

invest with imarat

Islamabad’s emerging city centre

Learn More

As per data revealed by SBP, during July 2021-22 the exports were recorded at $ 503.118 million while during July 2020-21, the exports grew by 49.19 per cent to be at $337.228 million. 

Moreover, Pakistan’s exports to other countries also soared by 9.73 per cent from $1.885 billion to $2.257 billion in the first month. 

The imports from the USA witnessed an increase of 35.19 per cent from  $170.985 million last year to $231.166 million in July 2021-22. 

 

For more news and information, visit Graana.com 

 

Laila Waqar

Laila Waqar is the Content Lead at Graana.com. With a bachelor's degree from LUMS, her expertise lies in curating research-based content in line with market marketing requirements. She is a detailed-oriented professional who focuses on delivering quality content that is enlightening and engaging.

Recent Posts

Rent Over Ownership: Melbourne Leads a New Housing Trend

MELBOURNE — A new analysis by Deluxe Holiday Homes has highlighted significant shifts in Melbourne's…

6 hours ago

Fire Engulfs Ski Resort Hotel in Türkiye, Leaving 10 Dead and 32 Injured

ANKARA — A devastating fire at the Kartalkaya ski resort in northern Türkiye claimed the…

1 day ago

Vietnam’s Real Estate Market Braces for Growth in 2025

As Vietnam heads into 2025, the real estate market presents a dynamic mix of challenges…

1 day ago

Dubai’s Secondary Housing Market Set for Strong Growth in 2025

Dubai’s secondary housing market is predicted to see robust growth in 2025, with demand for…

1 day ago

California’s Wildfires Spark an Unforeseen Housing Crunch in Los Angeles

As Los Angeles County grapples with the aftermath of some of the most destructive fires…

1 day ago

CDA Launches New Plant Relocation Initiative

On Friday, Azam Nazeer Tarar, the Minister for Law and Justice, informed the Senate that…

2 days ago