Pakistan’s exports increased by 11.94 percent in April 2012 over March 2012. Export data showed a declining trend in the first five months of the current fiscal year; however, during last five months – since December 2011 – it is continuously increasing. During first five months (July-November) of the fiscal year 2011-12, the average month-over-month export growth was -8.5 percent. However from December 2011 this trend reversed and showed a positive trend. The average month-over-month export growth during last five months has been 8.13 percent. This has been possible from the resilience of our business community who despite having the non-availability / shortages of gas and electricity.
As per released data, Pakistan exports during ten months of the fiscal year 2011-12, decreased by 3.3 percent. The cumulative trade figure shows that Pakistan’s exports during July-April 2011-12 were US $ 19.43 billion, while in the corresponding period of the last fiscal year, exports were $ 20.09 billion. Imports during July-April 2011-12 were $ 37.042 billion as compared to $ 32.263 billion during the same period of the year 2010-11, registering a 14.81 percent increase. On the other hand Pakistan’s exports during April 2012 were valued at $ 2.24 billion which was 4.91% lower than the level of $ 2.365 billion during April 2011. Imports during April 2012 were valued at US $ 3.757 billion registering an increase of 15.7 per cent over the imports of $ 3.247 billion in April 2011.