Pakistan’s export-import gap declines by 9.97%

Pakistan’s three-month trade deficit stood at $4.66 billion, as total exports stood at $6.187 billion and imports were recorded at $10.853 billion, the Pakistan Bureau of Statistic (PBS) said. The PBS released a monthly trade bulletin which says that in the corresponding period last year, Pakistan’s exports stood at $5.934b and imports at $11.117b with a deficit of $5.183b. Compared to last year’s deficit, this year the country’s export-import gap recorded a decline of 9.97 per cent. The trade data revealed that between July and September 2012-13, exports went up by 4.26 per cent while imports dipped by 2.37 per cent between July and September 2011-12. From gulftoday