In November, Pakistan’s exports increased by 8.98%, reaching $2.804 billion, up from $2.573 billion in the same month of the previous fiscal year.
On the other hand, imports decreased by 2.92%, totaling $4.393 billion in November, compared to $4.525 billion in November of the prior fiscal year.
Five-Month Overview:
Over the first five months of the current fiscal year, the trade deficit reduced by 7.39%, amounting to $8.651 billion, compared to $9.341 billion during the same period last year.
Exports during this period rose by 12.57%, reaching $13.691 billion, up from $12.162 billion in the first five months of FY24 (July-November). Domestic imports saw a 3.90% increase, totaling $22.342 billion, compared to $21.503 billion in the same period last year.
Month-on-Month Analysis:
On a month-to-month basis, the trade deficit slightly increased by 0.19%, standing at $1.589 billion in November, up from $1.586 billion in October 2024.
November exports declined by 5.97%, totaling $2.804 billion, down from $2.982 billion in October 2024. Imports also decreased by 3.83% in November, amounting to $4.393 billion, compared to $4.568 billion in October 2024.
