In a positive development, the country’s trade deficit decreased by 6.75 percent during the first ten months of the current fiscal year as exports increased by 4.23 percent and imports decreased by 1.02 percent. The overall exports from the country increased from $19.329 billion in July-April (2011-12) to US$20.147 billion during July-April (2012-13), according to the data of Pakistan Bureau of Statistics (PBS). On the other hand, the imports into the country decreased from $37.042 billion last year to $36.665 billion during the current fiscal year, showing negative growth of 1.02 percent, the data revealed. According to the data, the trade deficit during the first nine months of current fiscal year stood at $16.518 billion against the deficit of $17.713 billion, decrease of 6.75 percent. Meanwhile, on month on month basis, the exports during the month of April, 2013 witnessed nominal decrease of 0.19 percent when compared to March 2013. The exports during April 2013 were recorded at $2.130 billion against the exports of $2.134 billion during March 2013. On the other hand, the imports into the country increased by 6.02 percent in April 2013 to $3.909 billion against the imports of $3.687 billion during March 2013.
