KARACHI: Pakistan’s trade deficit narrowed by 9.93 per cent for the first five months of the fiscal year 2012/13, to $8.168 billion, compared to the same period last year, the Pakistan Bureau of Statistics said.

Exports rose 7.85 per cent to $10.082 billion during the July-Nov period compared to the same period last year, the bureau said a statement Wednesday. Imports eased to $18.250 billion from $18.417 billion a year ago.

On a monthly basis, the trade deficit fell to $1.711 billion in November from $1.774 billion the previous month.

Exports totaled $1.896 billion in November and imports were $3.607 billion.