Pakistan exports grew by 4.15pc during Feb

Pakistan exports in February 2012 grew by 4.15 per cent over the previous month, however they decreased by five per cent over the same month of last fiscal year 2010-11. According to a statement of Trade Development Authority of Pakistan (TDAP) issued here, the latest trade figure showed that Pakistan’s exports during February 2012 were valued at $2.034 billion which was four per cent above than the level of $1.953 billion in January 2012 and five per cent lower than the level of $2.141 billion during February 2011. Imports during February 2012 were valued at $3.462 billion registering a growth of 134 per cent over the level of imports valued at $ 3.053 billion in February 2011.
On the other hand cumulative trade figure shows that Pakistan’s exports during July-February 2011-12 were $15.189 billion, while in the corresponding period of the last year 2010-11 exports were $15.263 billion, which showed a negligible decline 0.5 per cent.
Imports during July-February 2011-12 were $29.789 billion as compared to $25.599 billion during the same period of the year 2010-11, registered a 16.37 per cent growth.