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November 6, 2001
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Tuesday
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Shaba’an 19, 1422
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$275m trade deficit recorded
By Khaleeq Kiani
ISLAMABAD, Nov 5: Trade deficit recorded during first four months (July-October 2001) of the current fiscal year stood at $275 million.
According to provisional figures available with Dawn total exports during the four months amounted to $3.025 billion against $2.96 billion in the same period last year showing an improvement of 19 per cent.
Imports during the first four months amounted to $3.3 billion this year against $3.71 billion last year showing a negative growth of around 11 per cent in imports. On monthly basis, exports during October 2001 amounted to $761 million against $744 million of the same month last year showing an improvement of around 2.2 per cent.
Imports during October stood at $842 million against $979 million of October last year showing a decline of 14 per cent. In this way, trade deficit during October amounted to $81 million this year.
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