Karachi August 9 2021: For the month of July 2021, imports increased by 48 percent and exports registered growth of 16 percent compared to that of July 2020, as per data published Pakistan Bureau of Statistics.
Exports were recorded at USD 2.33 billion while Imports were USD 5.43 billion. Exports were down in value terms by 15 percent compared to June 2021.
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As a result, trade deficit jumped up by 86 percent YoY during July 2021 to USD 3.10bn while reduced by 14 percent when compared to previous month.