Pakistan’s trade gap widens by 24.18pc in 7 months

ISLAMABAD: Pakistan trade gap has widened by 24.18 percent as trade deficit ballooned by 21.54 billion in the first seven months of the current fiscal year.
The trade deficit in July –January 2016/2017 was $17.35 billion, according to Pakistan Bureau of Statistics (PBS).
Exports of the country during the first seven months have increased by 11.1 percent to $12.96 billion as compared with $11.67 billion in the corresponding period of the last fiscal year.
The imports also registered growth 19 percent to $34.51 billion as compared with $29.02 billion.

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