Exports rose by 9.66pc in December 2014

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The country’s exports increased by 9.66 percent in December 2014 as compared to the exports of November 2014, according to the latest data of Pakistan Bureau of Statistics (PBS).

Exports in December 2014 were recorded at $ 2.156 billion compared to the exports of $ 1.966 billion in November 2014, showing positive growth of 9.66 percent.

During the month, the imports also increased by 6.31 percent and reached $3.859 billion as compared to the imports of $3.630 billion in November 2014.

Meanwhile, on year-on-year basis, the exports from the country decreased by 4.64 percent in December 2014 as compared to the exports of $ 2.261 billion in December 2013.

The imports into the country, however, increased by 8.37 percent in December 2014 as compared to the imports of $3.561 billion in December 2013, the PBS data revealed.

During the first half of the current fiscal year, the overall exports decreased by 4.31 percent as compared to the same period last year.