Pakistan exports decline by 11.5pc in December 2011 | Pakistan Today

Pakistan exports decline by 11.5pc in December 2011

Continuing to cling onto its downward spiral, Pakistan’s exports during December 2011 have declined by 11.5 per cent. They were valued at $1.854 billion as compared to the level of $2.094 billion during December 2010.
According to fresh data provided by TDAP, however, Pakistan’s exports during July-December 2011-12 were $11.241 billion, while in the corresponding period of the last year 2010-11 exports were $10.815 billion, showing a 3.94 per cent growth.
Imports of the country during last months were valued at $4.261 billion registering a growth of 13.6 per cent over the level of imports valued at $3.751 billion in December 2010. Imports during July-December 2011-12 were $22.713 billion as compared to $19.102 billion during the corresponding period of the year 2010-11, registered an 18.9 per cent growth.
It is worth mentioning here that Pakistan’s exports during November 2011 were valued at $1.552 billion; a figure that was 13 per cent lower than the one of $1.776 billion during November 2010. Imports during November 2011 were valued at $3.729 billion registering a growth of 19 per cent over the level of imports valued at $3.131 billion in November 2010.
According to cumulative figures Pakistan’s exports during July-November 2011-12 were $9.434 billion, while in the corresponding period of the last year 2010-11 exports were $8.959 billion, which shows a five per cent growth. Imports during July-November 2011-12 were $18.424 billion as compared to $15.404 billion during the same period of the year 2010-11, registering a 20 per cent growth.



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